A global leader in processing food and packaging deepens its sustainability journey with sharper climate action, renewable energy, and responsible sourcing. Through the integration of these priorities towards a sustainable future into its core operations and long-term plans, the company continues to provide tangible progress toward creating a more resilient and sustainable business.
The total absolute GHG (Greenhouse gases) emission, by the end of 2024, across their full value chain was reduced by 25% compared to the 2019 baseline. Emissions were down by 34% from solid equipment usage, 15% from purchased material and 14% reduction in end-of-life emissions.
Moreover, the company has managed to reduce its overall GHG emissions by 54%, which includes scopes 1 and 2 emissions, and business travel, in the FY 2024, which keeps them on track to achieve their target to reduce emissions by 70% by 2030, therefore showcasing a strong step towards sustainability.
In terms of reducing emissions from its operations, the company initiated a global car fleet decarbonization program in 2024, transitioning its car fleet to lower carbon options, replacing 1,200 cars with newer models, avoiding 3,000 tons of CO2 (Carbon dioxide) emissions.
In addition, the company has showcased a remarkable growth in renewable energy in its indirect emissions (scope 2) that amounted to 94% of energy used in the year 2024 as compared to 89% in 2023. The company have installed solar photovoltaics in their working sites, resulting in an increased solar capacity to 14.7 MW (Mega-Watt) in the year 2024 from 12.7 MW in 2023.
Aiming to reduce emissions in the upstream, the company worked on increasing the use of plant-based polymers for its packaging to lower its carbon footprint. In the year 2024, the company accounted for an 8.2% share of plant-based polymers from the total polymers purchased, resulting in a saving of 47 kilotons of CO2.
To conclude, the progress of FY 2024 reflects an optimal balance of growth and responsibility. Focusing on emissions reductions, renewable alternatives, and sustainable supply chains, the company is laying firm foundations to deliver on its long-term promises and build enduring value for people and the planet.
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