Tetra Pak was recognized for its leadership, transparency and outstanding performance in combating climate change and protecting forests from the Carbon Disclosure Project, CDP, a global non-profit organization, and Tetra Pak was included in the prestigious ‘A List’ for the fourth year in a row.
Tetra Pak was among the few companies that received a double A score among more than ten thousand companies whose performance was monitored according to the data submitted to the Carbon Disclosure Project in 2022 in the areas of combating climate change and protecting forests.
The process of disclosing environmental data and obtaining results according to that data is the most important criterion for transparency in matters related to the environment around the world. During 2022, more than 680 investors with assets worth more than $130 trillion and 280 major companies with a value of purchases of more than $6.4 trillion will be requested. A trillion dollars of companies disclose data about their environmental impact and related risks and opportunities through the Carbon Disclosure Project platform, and a record 18,700 companies have responded to this requirement.
The Carbon Disclosure Project (CDP) follows an independent and detailed methodology to access the data of these companies and give them grades that vary between A and D based on the comprehensiveness of disclosure and awareness, how to manage environmental risks and carry out best practices related to leadership in the environmental field, such as setting ambitious and meaningful goals. Disclosing or providing insufficient information gets an F.
The scope of forest protection is assessed through four main commodities: timber, livestock, soybean and palm oil products. Companies must obtain an A in dealing with at least one of those commodities that pose a risk to forests in order to be included in the Forests A list in environmental protection.
“Food systems are responsible for a third of global greenhouse gas emissions,” said Gilles Tisserand, Tetra Pak Vice President for Climate and Biodiversity. “Global companies like us must collaborate with all parts of the value chain to accelerate action. That is why we are very pleased to be on the A List of the Carbon Disclosure Project for the fourth year in a row as a recognition for taking the right steps in combating climate change and protecting forests. In our world today, the process of combating climate change while maintaining economic growth has become one of the most important challenges. Transparency is considered one of the most important factors affecting the success of one company over another. We realize that we have a long journey ahead of us to achieve future goals, and we are committed to playing the role assigned to us in this vital field.
Tetra Pak’s double ‘A’ rating confirms the company’s firm commitment to environmental protection. For example, the company has reduced greenhouse gas emissions in its operations by 36% in 2021, in addition to obtaining 80% of the electricity consumed from renewable resources. This is in addition to accelerating the pace of work and cooperation with the 44 raw material suppliers participating in the “Join us to protect the planet” initiative. As part of the “20 Actions for 2030” programme, the company plans to reduce its carbon footprint by 50% by 2030.
Tetra Pak demonstrated the importance of cooperation in addressing the problem of global warming. In early 2022, Tetra Pak launched the first land reclamation initiative in Brazil in cooperation with the local NGO, “Apremav.” The initiative aims to reclaim 7,000 acres of land in the Atlantic Forest by 2030 to restore biodiversity and remove carbon. combating climate change.
Moreover, in August 2022, the Science Based Target initiative (SBTi) adopted Tetra Pak’s declaration of its goal to reach net zero greenhouse gas emissions across the company’s value chain by 2050.
For Tetra Pak, this means a 46% reduction in all areas of the company’s activities by 2030, and a 90% reduction in the same areas by 2050. Tetra Pak decided to move forward with its goals and announced its commitment to further measures such as reducing food waste and water consumption and reducing the company’s carbon footprint. Through the company’s production lines that follow best practices by 2030.
Dexter Galvin, Head of Corporate Affairs and Supply Chain Affairs at the Carbon Disclosure Project, CDP, said, “I would like to congratulate all of the A-List companies. emissions and create a better future for all of us. In a year of increased concern around the world about the environment and how to protect it, and issues such as extreme weather conditions as well as unprecedented losses to nature, the need for a radical change in the way different parties work together is more urgent than ever.
Half of greenhouse gas emissions must be eliminated and deforestation prevented by 2030, in addition to achieving water security in the same period of time, and the Carbon Disclosure Project, CDP, continues to raise the level of achieving leadership in the field of climate change, preserving forests and preventing waste of water resources, We hope to see the ambitions and actions of companies that have succeeded in getting their name on the “A” list, and other companies that aspire to reach that status should do the same.”
