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Amcor has released its first Task Force on Climate-Related Financial Disclosure (TCFD) report, which includes the results of Amcor’s climate scenario analysis exercise, along with information about the company’s climate governance structure, risk management approach and performance metrics.

As a leader in sustainability, Amcor says the report marks another milestone for the organisation, ensuring continued transparency of its climate-related business risks, as well as providing a roadmap on how to best integrate climate risk management opportunities within its operational strategy. 

“The report represents the latest example of how Amcor has integrated climate-related considerations into its growth strategy and risk management framework,” said Michael Casamento, chief financial officer at Amcor. 

“Adding TCFD standards to our sustainability-related reporting that already adheres to the Global Reporting Initiative (GRI), as well as leading the packaging industry by reporting against SASB standards, helps us continue to lead with transparent, forward-thinking environmental stewardship.”

More detailed information about Amcor’s sustainability performance and strategy will be available in its 2022 Sustainability Report, which will be issued in mid-November.

Amcor will also be announcing its first quarter results after the US market closes on Tuesday 1 November 2022.

To read the full TCFD report, click here.

Food & Drink Business

Almondco and SunRice will be inducted into the Australian Export Awards Hall of Fame in 2026 in recognition of their outstanding and sustained contribution to Australian exporting.

Food and beverage manufacturers are facing a warehouse space crisis, and most of them did not see it coming. Production expanded, storage followed and over time, an organised operation became a fragmented footprint of disconnected warehouses, rising third-party costs, and a site nobody would have designed on purpose. Swisslog ANZ director of sales, Steve Dimitrovski, examines why the space problem is structural and how automation is helping manufacturers solve it without building a new site.

NSW Food and Beverage manufacturers are invited to join an upcoming information session at the Advanced Manufacturing Readiness Facility (AMRF) to learn about funding and support available to help businesses innovate, grow and improve competitiveness.