Amcor, a global leader in developing and producing responsible packaging solutions, has had its long-term carbon reduction targets approved by the Science Based Targets initiative (SBTi).
Amcor’s long-term goal is to achieve net-zero greenhouse gas emissions across its value chain by 2050. This commitment includes significant absolute reductions of scope 1, 2 and 3 greenhouse gas emissions across various areas by fiscal year 2050, using fiscal year 2022 as a base year.
These areas include purchased goods and services, energy-related activities, upstream transportation, waste management, and end-of-life treatment of sold products.
The net-zero target approval complements the company's near-term emission reduction targets, confirmed in early 2024, which align with a 1.5-degree Celsius trajectory.
The near-term targets aim for a 54.6 per cent reduction in absolute Scope 1 and 2 greenhouse gas emissions and a 32.5 per cent reduction in Scope 3 emissions by fiscal year 2033.
"We are delighted that our long-term targets have now also been validated, following the approval of our near-term targets earlier this year," said David Clark, chief sustainability officer at Amcor.
“These targets are an integral component of our sustainability strategy and reflect our commitment to delivering packaging that safeguards products, minimises environmental impact, and supports our customers in their decarbonisation ambitions.”
For more detailed information on Amcor’s near-term and long-term targets, visit the SBTi webpage. For the company’s decarbonisation roadmap to net-zero greenhouse gas emissions, visit the Amcor website.
