Commercial, GHG Emissions - June 11, 2020
Tetra Pak commits to net zero emissions by 2050
Tetra Pak announced June 11 that they have set a target to achieve net-zero greenhouse gas emissions by 2030 and net-zero emissions in their entire value chain by 2050.
The food packaging company also intends to establish Scope 1, 2 and 3 emissions reduction targets in line with the Science-Based Targets initiative. To achieve their net-zero goal, Tetra Pak has outlined four key areas they will focus on.
The first strategy includes lowering energy-related emissions through energy conservation, improvements in energy efficiency, installing on-site solar and purchasing renewable energy. Tetra Pak has gone from 20% use of renewable electricity in 2014 to 69% in 2019, and it is on track to achieve their 2020 target of 80%. Additionally, they have invested over €16 million in energy efficiency, which prevented energy use from increasing by 23% since 2011.
The second strategy is addressing emissions that result from their supply chain and working with suppliers to cut upstream carbon emissions and increasing the use of renewable and recycled materials.
Third, Tetra Pak plans on accelerating the development of its low carbon circular packaging and equipment portfolio to help customers achieve their emission reduction targets. Lastly, the company will be focusing on developing sustainable recycling value chains in collaboration with customers, waste management companies, recyclers, municipalities, industry associations and equipment suppliers.
"We have consistently delivered on our climate goals, right from the first goal set in 2002, again in 2005 and we are on track to meet our 2020 goal,” Lars Holmquist, Executive Vice President Packaging Solutions and Commercial Operations at Tetra Pak, said in a statement. “In 2017, we were the first company in the food and beverage industry to have our climate impact reduction targets approved by the SBT initiative. More recently, we joined the European Alliance for Green Recovery, the first pan-European call for mobilisation on post-crisis green investment solutions. Today, we're once again leading the way by setting ambitious net zero emissions targets that will drive transformation right across our sector and the entire value chain. The planet's greatest environmental challenge demands nothing less from us."
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