SWITZERLAND – Global packaging company, Amcor has released its 2022 Sustainability Report, which has announced a target of achieving 30% recycled content across its portfolio by 2030.
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 the fiscal year 2022, the company committed to net zero emissions by 2050, more than double post-consumer recycled material purchased since 2019.
In addition, the company 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
The company said that currently, 74% of its total production by weight is designed to be recycled.
Amcor has also rolled out a product rebrand that includes its new EcoGuard brand, which aims to help customers choose from several sustainable solutions, including products that reduce the carbon footprint of packaging.
Ron Delia, CEO at Amcor, said: “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.”
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.
David Clark, Vice President, Sustainability at Amcor, added: “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 making sure that the packaging produced is designed to be recycled and also by boosting infrastructure and consumer awareness to ensure the content gets recycled and stays in the economy.”
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