Avery Dennison to be Net-Zero on Carbon Emissions by 2050
16 May 2021: Avery Dennison plans to be net-zero on greenhouse gas emissions by 2050. This commitment comes as the company raises the bar on its sustainability goals with new targets for 2030.
As part of these new targets, the Label and Graphic Materials (LGM) business commits to 100% of its core film and paper product categories globally containing recycled or renewable content. And all of its regions will also have labels that enable the circularity of plastics. This will ensure that Avery Dennison is well-positioned to satisfy current or future recycling, composting or reuse requirements for single-use consumer plastic packaging.
Specific 2030 targets fall under three broad sustainability goals:
# Deliver innovations that advance the circular economy;
# Reduce environmental impact in operations and supply chain and Make a positive social impact by improving the livelihoods of people and communities.
“Meeting our 2030 ambitions will be the greatest test yet of our capacity to innovate, as well as an invaluable opportunity to position our business for lasting success,” said Renae Kezar, senior director, global sustainability, Label and Graphic Materials, Avery Dennison. “We are proud to have exceeded our 2025 goal for reducing absolute GHG emissions, and we are making steady progress on our other sustainability commitments.”
The company has also pledged to reduce emissions by 70% against its 2015 baseline and to work with its supply chain to reduce Scope 3 emissions by 30% against its 2018 baseline. The company’s overall ambition is to produce net-zero emissions by 2050 and enable a future of regeneration. The 2030 goals also include targets for gender diversity, employee engagement and inclusion, safety and more.
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