Avery Dennison Corporation, one of the leading players in labelling and packaging materials and solutions, plans to reduce its absolute greenhouse gas emissions by at least 3 percent every year between now and 2025. The company announced the goal in its new sustainability report on September 10, 2015.
“Cutting emissions while still growing as a company is the defining business challenge of the 21st century. At the very least, it’s a matter of risk mitigation. Climate change threatens our business, our supply chain and the communities where we live and work. By using ‘The 3% Solution’, developed by World Wildlife Fund and Carbon Disclosure Project, as the basis of our approach, we expect to reduce emissions by a minimum of 26 percent by 2025,” said Dean Scarborough, chairman and chief executive officer, Avery Dennison.
Between 2010 and 2015, Avery Dennison cut its emissions indexed to net sales by 15 percent based on a 2005 baseline. The company achieved the reduction mainly by identifying ways to use energy more efficiently. To meet the new goal, “We are exploring every option, including renewable energy sources and fuel switching,” said Scarborough, who will discuss climate change with other global business leaders at a gathering coinciding with the United Nations’ COP21 climate talks in Paris this December.
The company reported that it is on track to meet or exceed all of its original sustainability goals, set in 2010.
“Cutting emissions while still growing as a company is the defining business challenge of the 21st century. At the very least, it’s a matter of risk mitigation. Climate change threatens our business, our supply chain and the communities where we live and work. By using ‘The 3% Solution’, developed by World Wildlife Fund and Carbon Disclosure Project, as the basis of our approach, we expect to reduce emissions by a minimum of 26 percent by 2025,” said Dean Scarborough, chairman and chief executive officer, Avery Dennison.
Between 2010 and 2015, Avery Dennison cut its emissions indexed to net sales by 15 percent based on a 2005 baseline. The company achieved the reduction mainly by identifying ways to use energy more efficiently. To meet the new goal, “We are exploring every option, including renewable energy sources and fuel switching,” said Scarborough, who will discuss climate change with other global business leaders at a gathering coinciding with the United Nations’ COP21 climate talks in Paris this December.
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As a part of its sustainability strategy, Avery Dennison will a paper supply with origins that are 100 percent certified as sustainable, with at least 70 percent bearing certification by the Forest Stewardship Council, the gold standard in sustainable forestry. The company will also minimise environmental impacts by ensuring that 70 percent of purchased film and chemicals conform to, or enable end products to conform to, Avery Dennison’s environmental and social guiding principles. Besides, Avery Dennison Reducing landfill waste by 95 percent and reducing waste from the company’s label products by 70 percent.
The company reported that it is on track to meet or exceed all of its original sustainability goals, set in 2010.