Lake Forest, Illinois-based Pactiv Evergreen Inc. released its latest ESG Report, “Packaging a Better Future,” sharing progress toward the company’s goals in 2021 and ’22 and highlighting advancements across its three ESG pillars.
“Our commitment to sustainability is foundational to our ‘Purpose of Packaging a Better Future’ and is guided by our ‘Value to Do What’s Right’ to deliver sustainably manufactured products with ethics and integrity,” said Mike King, president and CEO.
“Every day we strive to operate with respect for the environment and are dedicated to sustainability across our product portfolio, manufacturing and supply chains.”
Planet pillar highlights
Pactiv Evergreen believes in reducing emissions and energy use, protecting the sustainability of our forests, minimizing water use, decreasing waste going to landfill and fostering environmental stewardship across the enterprise.
- Reducing energy use and emissions: Reduced Scope 1 and 2 greenhouse gas emissions by 21 percent from 2015-22. Last year, Pactiv Evergreen committed to set science-based targets for greenhouse gas emissions reductions, with the goal to achieve Net Zero emissions by 2050.
- Sustainable forestry: Established and made progress toward three new goals that support responsible forest management.
- Operational excellence: Selected more than 100 Sustainability Champions who support the goals in its facilities and drive sustainability excellence across the enterprise.
- Keeping plastic out of the environment: All applicable facilities signed the Operation Clean Sweep pledge.
Products pillar highlights
- Packaging for the future: Achieved 66 percent net revenues from products made from recyclable, recycled or renewable materials and launched more than 40 certified compostable products in 2022.
- Certifying circularity: Received ISCC PLUS certifications at four manufacturing facilities to handle and track circular and/or bio-based resins.
- Collaborating for a sustainable future: Engaged with numerous organizations to advocate for the industry’s best interests.
People pillar highlights
- Communities: Thousands of employees across all of its facilities donated about 95,000 pounds of food and volunteered more than 3,300 hours during its inaugural Give Back Month of Action – Hunger Action Month in September 2022.
- Suppliers: Started Tier 1 and 2 supplier audits through Sedex to gain visibility into labor, health and safety, environmental and business ethics practices in its supply chain.
- Leadership and development: Launched leadership development programs for front line and mid-level leaders.
- Tuition assistance: Started a tuition assistance program for U.S. salaried and non-union hourly employees.
- Championing safe operations: Strengthened Zero Harm Culture through the company’s operational excellence program.
ESG governance highlights
- Transparency: Published first report based on Global Reporting Institute index and informed by the Sustainability Accounting Standards Board’s Containers and Packaging and Pulp and Paper Products standards.
- Climate risk: Published climate-related risks and opportunities in TCFD report.
- Water risk: Analyzed water risk exposure through the World Resources Institute.
- United Nations Sustainable Development Goals: Provided updates on alignment to UN SDGs.
The company’s ESG progress is outlined in further detail in the ESG report at pactivevergreen.com/sustainability.
Read more packaging news from The Shelby Report.