Amcor has released its 2024 Sustainability Report, with the report showing significant achievements and continued progress in the company’s sustainability aspirations.
In addition to having its safest year ever, more than 94 per cent of Amcor’s flexible packaging portfolio by area had a recycle-ready solution available, and 95 per cent of rigid packaging by weight was recyclable in practice and at scale.
Amcor also surpassed its goal of including 10 per cent post-consumer recycled plastic one year ahead of schedule and purchased more than 254,000 metric tons of recycled material for its solutions.
Amcor CEO Peter Konieczny said, “Amcor has led the way in making incredible progress designing our products to be recyclable and more efficient, but design alone is not enough. Society needs consumer participation and infrastructure development to make circularity real—to make sure used packaging is not left in nature but recycled to become new packaging. Sustainability is at the heart of our company and drives a sense of purpose, inspiration and energy in everything we do.”
Amcor’s short-term and net-zero targets have been approved by the Science Based Targets initiative and the company published a Decarbonization Roadmap to share its approach to reach net-zero by 2050. In addition, the company achieved a 9 per cent reduction in absolute greenhouse gas emissions compared to FY23. Fourteen per cent of the electricity used was renewable, which represents a 64 per cent increase compared to the previous year.
Amcor chief sustainability officer David Clark said, “Amcor is committed to leading the packaging industry toward a circular society. We are ramping up our efforts in advocating for consistent and effective regulations, encouraging infrastructure development, and educating both customers and consumers. We can all contribute to a more sustainable future.”
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