“Our commitment to sustainability is foundational to our Purpose of Packaging a Better Future and is guided by our Value to Do What’s Right to deliver sustainably manufactured products with ethics and integrity,” said
Planet Pillar Highlights
Pactiv Evergreen believes in reducing emissions and energy use, protecting the sustainability of our forests, minimizing water use, decreasing waste going to landfill and fostering environmental stewardship across the enterprise. Highlights include:
- Reducing Energy Use and Emissions: Reduced Scope 1 and 2 greenhouse gas emissions by 21% from 2015 to 2022. In 2022, we committed to set science-based targets for greenhouse gas emissions reductions with the goal to achieve Net Zero emissions by 2050.
- Sustainable Forestry: Established and made progress towards three new goals that support responsible forest management. In 2022, more than 99% of fiber sourced to make our paper products met fiber sourcing standards, and 100% of our applicable facilities in
North America were chain-of-custody certified. - Operational Excellence: Selected over 100 Sustainability Champions dedicated to supporting our goals in our facilities and driving sustainability excellence across the enterprise.
- Keeping
Plastic Out of the Environment: 100% of applicable facilities signed the Operation Clean Sweep pledge.
Products Pillar Highlights
- Packaging for the Future: Achieved 66% net revenues from products made from recyclable, recycled or renewable materials, and launched over 40 new certified compostable products in 2022.
- Certifying Circularity: Received ISCC PLUS certifications at four manufacturing facilities to handle and track circular and/or bio-based resins.
- Collaborating for a Sustainable Future: Engaged with numerous organizations to advocate for our, and our industry’s, interests.
People Pillar Highlights
- Our Communities: Thousands of employees across all of our facilities donated approximately 95,000 pounds of food and volunteered over 3,300 hours during our inaugural Give Back Month of Action – Hunger Action Month in
September 2022 . - Our Suppliers: Started Tier 1 and 2 supplier audits through Sedex to gain visibility into labor, health and safety, environmental and business ethics practices in our supply chain.
- Leadership and Development: Launched new
Leadership Development programs for front line and mid-level leaders. - Tuition Assistance: Launched a tuition assistance program for
U.S. salaried and non-union hourly employees. - Championing Safe Operations: Strengthened Zero Harm Culture through the Company’s operational excellence program.
ESG Governance Highlights
- Transparency: Published first report based on
Global Reporting Institute index and informed by the Sustainability Accounting Standards Board’sContainers and Packaging and Pulp and Paper Products standards. - Climate Risk: Published climate-related risks and opportunities in TCFD report.
- Water Risk: Analyzed water risk exposure through the
World Resources Institute . - United Nations Sustainable Development Goals (UN SDGs): Provided updates on alignment to UN SDGs.
- External assurance: Received third-party limited assurance on scope 1 and scope 2 (location-based) emissions, energy consumed for Scope 1 and 2 (location-based) emissions and energy intensity for scope 1 and scope 2 (location-based) emissions.
Our ESG progress is outlined in further detail in Pactiv Evergreen’s new Environmental, Social and Governance Report at pactivevergreen.com/sustainability and we invite you to view a video overview of our ESG Report.
About Pactiv Evergreen Inc.
Media Contact:
beth.kelly@pactivevergreen.com
A video accompanying this announcement is available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/3364e52a-a745-4abe-a4e6-f6268009e53d
Source:
2023 GlobeNewswire, Inc., source