Packaging and food processing giant Tetra Pak has announced net zero emissions ambition across the value chain by 2050, supported by an intermediate 2030 target across its own operations.
The company released its 22nd annual Sustainability Report, highlighting the progress achieved on various aspects of sustainability throughout its business operations in 2020.
Tetra Pak’s Regional Sustainability Director for Middle East and Africa Marcelo Piva said, “Our sustainability report asserts the need for a comprehensive, holistic approach to sustainability. This is to enable us to secure and preserve the food produced all over the world, all the people we work with, and the planet earth where we live.
He added: “The last decade has witnessed considerable progress in all three areas of focus, in addition to our ambitions to achieve net zero emissions across the value chain by 2050. We aim to deliver the world’s most sustainable food package, made solely from responsibly sourced renewable or recycled materials, is fully recyclable and carbon neutral.”
According to the report, Tetra Pak was able to lower its overall greenhouse gas (GHG) emissions by 19 percent versus 2010, including 70 percent GHG reduction in its own operations from 2010 to 2020 (Scope 1 and 2).
In terms of recognitions, Tetra Pak achieved a Double A ranking for climate and forecasts from CDP [formerly the Carbon Disclosure Project], making it the only company in the packaging industry to be recognised two years in a row. CDP has also recognised the company as a leader in environmental transparency and action for the fifth year.
The company also ranked in the top one percent of companies in the industry category, according to EcoVadis, an international organisation that provides holistic sustainability ratings service of companies.
Khaled El Ebrashy, Marketing Director of Tetra Pak Egypt, said: “In 2021, our Egypt area team reached a new milestone - 1,000 accident-free days at our customers’ sites and offices, thanks to our office staff, engineers, projects team and field force colleagues, who have put a lot of time and effort to engage with our Occupational Health and Safety (OHS) initiatives.”
Key global initiatives by the company have included continuity of safe food supplies throughout the COVID-19 crisis, ensuring 64 million children in 45 countries received milk or other nutritious beverages in Tetra Pak packages in their schools; expansion of Dairy Hub initiatives in Albania and Senegal to provide support for 39,806 farmers, of which 98 percent were smallholders; installing a first-of-its-kind low energy processing line for juice, nectar and still drinks, and recycling 49 billion carton packages worldwide through activities across the recycling value chain in local markets.
(Writing by Eman Hamed; Editing by Anoop Menon)
Disclaimer: This article is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Read our full disclaimer policy here.
© ZAWYA 2021