07.09.21
Sonoco announced new commitments to advance its environmental progress by setting ambitious goals to reduce its global greenhouse gas emissions in line with the Paris Climate Agreement – to limit global temperatures to warming to well-below 2°C above pre-industrial levels. These emission reduction targets have recently been approved by the Science Based Targets initiative (SBTi).
Sonoco has committed to reduce absolute scope 1 and 2 greenhouse gas emissions by 25% by 2030 from a 2020 base year. The Company has also committed to reduce absolute scope 3 greenhouse gas emissions by 13.5% from a 2019 base year by working with its customer and suppliers to develop innovative packaging solutions that reduce packag-ing waste and improve recyclability. In addition, the Company is actively studying neces-sary operational changes, technology developments and market changes that would be required to achieve net-zero greenhouse gas emission by 2050.
“Sonoco has been dedicated to reducing its environmental footprint for many years. In order to continue delivering on our purpose of Better Packaging. Better Life., we must operate with sustainability at the forefront and commit to doing our part to address climate change,” said Howard Coker, Sonoco president and CEO.
“Our environmental commitments are critical to Sonoco’s long-term sustainability,” Elizabeth Rhue, staff VP of sustainability, said. “We have and are developing sustainability champions in each of our business units who will regularly track and report on our pro-gress. This work will become interconnected across our supply chain as we work to meet the changing needs of our customers.”
Sonoco has committed to reduce absolute scope 1 and 2 greenhouse gas emissions by 25% by 2030 from a 2020 base year. The Company has also committed to reduce absolute scope 3 greenhouse gas emissions by 13.5% from a 2019 base year by working with its customer and suppliers to develop innovative packaging solutions that reduce packag-ing waste and improve recyclability. In addition, the Company is actively studying neces-sary operational changes, technology developments and market changes that would be required to achieve net-zero greenhouse gas emission by 2050.
“Sonoco has been dedicated to reducing its environmental footprint for many years. In order to continue delivering on our purpose of Better Packaging. Better Life., we must operate with sustainability at the forefront and commit to doing our part to address climate change,” said Howard Coker, Sonoco president and CEO.
“Our environmental commitments are critical to Sonoco’s long-term sustainability,” Elizabeth Rhue, staff VP of sustainability, said. “We have and are developing sustainability champions in each of our business units who will regularly track and report on our pro-gress. This work will become interconnected across our supply chain as we work to meet the changing needs of our customers.”