Global packaging leader commits to reach 30% recycled
content across all products by 2030, tripling its prior
target.
ZURICH, Nov. 17,
2022 /PRNewswire/ -- Amcor (NYSE: AMCR, ASX: AMC), a
global leader in developing and producing responsible packaging
solutions, today released its 2022 Sustainability Report, detailing
continued progress against key sustainability metrics and
announcing an enhanced target to achieve 30% recycled content
across its portfolio by the end of the decade.
The new recycled content target, which is three times its
previous target of 10%, comes as Amcor reflects on a landmark year
for its efforts on sustainability. In fiscal year 2022, the company
committed to net zero emissions by 2050, more than doubled
post-consumer recycled material purchased since 2019 and achieved a
Gold rating from EcoVadis for its industry-leading sustainability
practices, placing Amcor among the top 5% of all companies
assessed.
The Report highlights how Amcor has advanced on its pledge to
make all products recyclable, reusable or compostable by 2025, with
74% of total production by weight already designed to be recycled
and the number of innovative solutions with more sustainable
properties continually growing. In 2022, the company launched a
product rebrand that includes its new EcoGuardTM brand
that makes it easier for customers to choose from a number of more
sustainable solutions, including products that reduce the carbon
footprint of packaging, are designed to be recycled and use
recycled content or biomaterials.
Progress on Amcor's EnviroAction program also continues, with a
33% reduction in waste sent to disposal over the past three years
and 121 Amcor sites achieving zero waste-to-disposal last year. All
sites have water management plans in place, and every site that
uses plastic pellets, granules or flakes has implemented Operation
Clean Sweep methodology for preventing plastic pellet loss.
Ron Delia, CEO at Amcor,
commented: "We're continuing to show ambition and leadership to
deliver better sustainability results for our people, our
customers, our investors and the environment. We're working with
every part of the value chain to make this happen.
"I am particularly proud of our colleagues around the world who
are dedicated to delivering on our sustainability ambitions. We now
have an exciting lineup of innovative packaging products and we
keep raising the bar to deliver the very best solutions for our
customers' specific needs."
David Clark, Vice President,
Sustainability at Amcor, said: "At Amcor, we're proud of
the work we're doing to make our business, and the packaging
industry, more sustainable.
"In ramping up our targets for recycled content, we're helping
radically scale the amount of recycled content coming into the
market to create a circular economy for packaging. We do this by
not only making sure that the packaging produced is designed to be
recycled, but also by boosting infrastructure and consumer
awareness to ensure content gets recycled and stays in the
economy."
Notes to Editors
The fiscal year covered by the 2022 Sustainability Report also
saw Amcor's operations and products recognized with numerous
sustainability awards, including:
- Dow Innovation – Gold Award: AmLite® HeatFlex Recyclable
Packaging
- Flexible Packaging Association – Gold Award: AmPrima™ Recycle
Ready Pouch for the Tyson® Instant Pot family meal skit
- Flexible Packaging Association – Silver Award – Technical
Innovation: Clear Anti-Grease Jerky Pouch
- Flexible Packaging Association – Silver Award – Sustainability:
AmPrima™ Recyclable PE Shrink Film
- EcoVadis – Gold Rating: industry-leading sustainability
practices
- Australian Financial Review – 2022 Sustainability Leader
- 2022 Australasian Packaging Innovation and Design Awards –
Silver Award: PrimeSealTM Eco-Tite® Recycle-Ready Shrink
Bag
About Amcor
Amcor is a global leader in developing and producing responsible
packaging solutions for food, beverage, pharmaceutical, medical,
home- and personal-care, and other products. Amcor works with
leading companies around the world to protect their products and
the people who rely on them, differentiate brands, and improve
supply chains through a range of flexible and rigid packaging,
specialty cartons, closures, and services. The company is focused
on making packaging that is increasingly lighter weight, recyclable
and reusable, and made using an increasing amount of recycled
content. In fiscal year 2022, 44,000 Amcor people generated
$15 billion in annual sales from
operations that span 220 locations in 43 countries. NYSE: AMCR;
ASX: AMC
www.amcor.com I LinkedIn | Facebook | YouTube
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SOURCE Amcor