TETRA PAK RECOGNISED AS A EUROPEAN CLIMATE LEADER 2023 BY THE FINANCIAL TIMES
By Eman Hamed
Tetra Pak has been named as a European Climate Leader 2023 by the Financial Times, in recognition of the company’s progress in reducing greenhouse gas (GHG) emissions and its robust commitments to climate action.
Of the thousands assessed by the Financial Times and Statista, only the leading 500 companies with the greatest reduction in their GHG emissions intensity made it to the final list.
Each company in the list has been assigned an individual score, which is calculated using information on the company’s volume of emissions, level of disclosure on these emissions and its reduction of emissions as a percentage.
Tetra Pak was ranked amongst the top 20% of the 500 companies listed, achieving a 54.3% absolute reduction of the Scope 1 and 2 emissions over a five-year period1. The ranking also recognizes Tetra Pak’s efforts across the value chain (Scope 3), highlighting its regular inclusion amongst CDP A-listed businesses and its net-zero targets as approved by Science Based Targets initiative (SBTi) along a 1.5° pathway.
Adolfo Orive, President & CEO at Tetra Pak, says: “The acknowledgement is a testament to the hard work and dedication of our team, suppliers, customers and other stakeholders. While we are proud of our achievements to date, we have plans to continue mitigating our environmental impact further – by decarbonising our value chain, driving circular solutions while contributing to food system resilience and protecting biodiversity. All these actions are core to our purpose, as we commit to making food safe and available everywhere and we promise to protect what’s good – food, people and the planet.”
Locally In Egypt, Tetra Pak announced collaboration with Uniboard to recycle used beverage cartons. Afterwards, during its participation in COP27, Tetra Pak, in cooperation with various stakeholders, launched the first Egyptian Pact for Used Beverage Cartons Waste. Tetra Pak Egypt has also initiated the “Better with Carton” campaign to raise awareness regarding the advantages of carton packages.