SWITZERLAND – Tetra Pak has been recognised for leadership in corporate transparency and performance on climate change, by The Carbon Disclosure Project (CDP).
CDP is an international non-profit organisation that promotes environmental transparency by encouraging organisations to disclose their environmental impact.
The organization assesses data from over 22,000 companies and ranks them on their transparency, tangible action, and environmental leadership.
The CDP asks companies to disclose data on their business activities’ impact on environmental issues or themes such as climate change, deforestation and water security.
A score of A to D- is allocated based on the comprehensiveness of disclosure, awareness of environmental issues, management methods and progress towards environmental leadership. Those that don’t disclose or provide insufficient information are marked with an F.
Based on data reported through CDP’s 2024 climate change questionnaires, Tetra Pak was among the few companies that achieved an ‘A’ score, which it has done for the fourth time in five years.
Francesca Priora, Vice President Climate & Nature, Tetra Pak, said: “Food processing and packaging play a vital role in transforming global food systems. For over 70 years, our technology has helped provide food access, reduce food waste, enhance food safety, and extend shelf life – even in the most remote areas.
“But our work doesn’t stop there; we are steadfast in our commitment to driving down carbon emissions and reducing environmental impact.”
She added that as a leader industry, they had a unique opportunity to influence and support stakeholders across the value chain, emphasising that this was why the transparency promoted by CDP was essential.
She mentioned that their commitment to reducing environmental impact was closely linked to their climate action, circularity, social sustainability, and food systems goals.
As part of its climate change mitigation strategy, Tetra Pak is working with suppliers, customers, and other stakeholders to achieve net-zero GHG emissions across its value chain by 2050 across scopes 1, 2, and 3.
As of 2023, the company reduced total absolute GHG emissions across the full value chain by 20% compared with a 2019 baseline. Over the same period, it reduced emissions from its own operations by 47%, upstream emissions by 21%, and downstream emissions by 17%.
For the second year, the company also reported on forests and water security, recording an ‘A-‘ score in both categories cemented Tetra Pak’s inclusion in the CDP leadership band.
Sign up HERE to receive our email newsletters with the latest news and insights from Africa and around the world, and follow us on our WhatsApp channel for updates.