Constantia Flexibles named on CDP A List
Constantia Flexibles has been commended for its climate action this year, achieving a place on global environmental impact non-turn a profit CDP'due south prestigious A List for climate change, based on the visitor's climate reporting in 2019.
Constantia Flexibles was recognized for its actions to cut emissions, mitigate climate risks and develop the depression-carbon economic system, based on the data submitted by the company through CDP's 2022 climate change questionnaire. Constantia Flexibles is i of 179 of high-performing companies out of thousands that were scored.
CDP's annual environmental disclosure and scoring process is widely recognized every bit the gilded standard of corporate environmental transparency. In 2019, over 525 investors with over US$96 trillion in avails and 125 major purchasers with US.half dozen trillion in procurement spend requested companies to disclose data on ecology impacts, risks and opportunities through CDP'southward platform and over 8,400 responded.
A detailed and independent methodology is used by CDP to assess these companies, allocating a score of A to D- based on the comprehensiveness of disclosure, awareness and management of ecology risks and sit-in of best practices associated with ecology leadership, such as setting ambitious and meaningful targets. Those that don't disembalm or provide insufficient information are marked with an F.
"Sustainability and climate-related topics are a fundamental part of Constantia Flexibles' business focus and entrepreneurial activities. After improving our score continuously over the past years, we are very proud that we are included in CDP'due south A List for the start time. This external recognition is a further confirmation of our high level of environmental stewardship and we are committed to continue on this path", says Thomas Greigeritsch, vice president – Group Sustainability at Constantia Flexibles.
Constantia Flexibles follows a comprehensive sustainability approach and strives to continuously amend its performance related to raw materials, emissions, free energy and waste matter. In this regard, the visitor commits to reduce accented GHG emissions by 24% by 2030 and by 49% by 2050 from a 2015 base of operations-year. This target was officially approved by the Science Based Targets initiative, as information technology is in line with climate science to go on global temperature increment below 2°C.
In addition, Constantia Flexibles seeks collaboration forth the value chain to reduce up- and downstream ecology impacts. Paul Simpson, chief executive officer of CDP says, "Congratulations to the companies that achieved a position on CDP's A List this yr, for leading in environmental performance and transparency. The scale of the business risks from the climate emergency, deforestation and water insecurity are vast – every bit are the opportunities from addressing them – and information technology's clear the individual sector has a vital role to play at this critical fourth dimension. The A List companies are leading the market in corporate sustainability, tackling environmental risks and setting themselves upward to thrive in tomorrow's economy."
Source: https://packagingsouthasia.com/type-of-packaging/flexible-packaging/constantia-flexibles-named-on-cdp-a-list/
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