Berry Commits to Achieve Net-Zero Emissions Across its Global Operations and Value Chain by 2050
29 Junho 2023 - 10:00AM
Business Wire
Emissions reduction strategies focus on
circular plastics, value-chain engagement, and cleaner energy
As the company makes progress on its short-term, science-based
climate targets, Berry Global Group, Inc. (NYSE: BERY) today
commits to achieving net-zero emissions across its global
operations and value chain by 2050. The company aims to reduce its
total Scope 1, 2, and 3 emissions over 90% and neutralize its
remaining residual greenhouse gas (GHG) emissions by 2050. Meeting
these goals helps ensure Berry is aligned with a 1.5°C warming
scenario and supports the Paris Agreement’s goal of limiting global
warming to well-below 2°C.
“Reaching net-zero emissions by 2050 is critical to avoiding the
most catastrophic environmental, social, and economic impacts of
climate change,” said Tom Salmon, CEO and Chairman of the Board at
Berry Global. “As a global plastic packaging leader, we have a
responsibility to protect the environment by minimizing the impact
of our products, operations, and value chain as well as our
business by limiting the exposure of our operations and supply
chain to climate risk.”
Achieving net-zero GHG emissions will require a range of
solutions across Berry’s broad geographic footprint and diverse
portfolio of converting and decorating technologies. Emissions
reduction strategies primarily fall under three categories:
- Circular plastics: drive
circularity and reduce GHG emissions by moving away from virgin,
fossil fuel-based plastic and using lighter weight, less
carbon-intensive, circular materials, including recycled plastics
and bio-based plastics made from renewable resources, like used
cooking oil
- Value-chain engagement: because
most of the company’s value-chain emissions come from purchased
goods and services, work with customers to develop lower-carbon
solutions and suppliers to provide lower-carbon materials and
services
- Cleaner energy: increase
investment in renewable energy to decrease use of fossil fuels,
minimize the environmental impact of energy sources vital to
manufacturing, continually improve energy efficiency to reduce
overall energy dependence, and take steps to electrify processes
within operations that consume gas and fuel
Compared to a 2019 baseline, Berry’s climate targets – validated
by the Science Based Targets initiative – aim to reduce operational
Scope 1 and 2 GHG emissions by 25% and absolute supply-chain Scope
3 GHG emissions 25% by 2025. To date, the company has reduced Scope
3 GHG emissions from its supply chain by 9% and Scope 1 and 2 GHG
emissions by an impressive 21%, expecting to achieve its
science-based target of a 25% reduction from 2019 prior to its 2025
goal.
Learn more about Berry’s climate commitments and progress in its
2022 Impact Report.
About Berry
At Berry Global Group, Inc. (NYSE: BERY), we create packaging
and engineered products that we believe make life better for people
and the planet. We do this every day by leveraging our unmatched
global capabilities, sustainability leadership, and deep innovation
expertise to serve customers of all sizes around the world.
Harnessing the strength in our diversity and industry leading
talent of 46,000 global employees across more than 265 locations,
we partner with customers to develop, design, and manufacture
innovative products with an eye toward the circular economy. For
more information, visit our website, or connect with us on LinkedIn
or Twitter.
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Berry Media Contact: mediarelations@berryglobal.com
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