Amcor achieved 100% renewable electricity usage across its 22 sites in 2023. Credit: JHVEPhoto via Shutterstock.

Amcor, a global leader in responsible packaging solutions, has been acknowledged in the S&P Global Sustainability Yearbook 2024. This recognition places Amcor among the top 8% of S&P-assessed companies in 2023.

The S&P Global Sustainability Yearbook is an annual publication that honours companies demonstrating exceptional leadership and performance in environmental, social, and governance (ESG) measures in each industry.

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This year, S&P Global recognised 759 companies in the Yearbook, out of the 9,400 initially assessed using its Corporate Sustainability Assessment (CSA) Score methodology.

In the containers and packaging sector, Amcor has made tangible progress in areas crucial to environmental sustainability. Amcor’s commitment to developing all its packaging solutions to be recyclable, compostable, or reusable by 2025 and achieving net-zero emissions by 2050 places it among the leaders of the packaging industry.

“We are honoured to be again recognised in the S&P Global Sustainability Yearbook,” said David Clark, vice president of sustainability at Amcor.

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“Our inclusion underscores the value of our teams’ dedicated efforts across the globe. This recognition shows our resolve to continue leading the way in more sustainable packaging solutions.”

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In November 2023, Amcor released its annual Sustainability report for fiscal year 2023. the company says it has reduced its absolute greenhouse gas emissions by 10% from FY22 to FY23. By the end of 2023, 90% of the company’s global portfolio of products was set to be recyclable, reusable, or compostable. It aims to achieve 100% by 2025.

The company achieved 100% renewable electricity usage across its 22 sites in 2023, and when compared to its 2019 baseline, it also reduced waste by 46% during the year.