Press release from the issuing company
Company also sets ambitious goals for paper sourcing, reducing landfill waste and more
GLENDALE, Calif. - Avery Dennison Corporation announced today that it plans to reduce its absolute greenhouse gas emissions by at least 3 percent every year between now and 2025. The company announced the goal in its new sustainability report.
“Cutting emissions while still growing as a company is the defining business challenge of the 21st century,” said Avery Dennison chairman and chief executive officer Dean Scarborough. “At the very least, it’s a matter of risk mitigation. Climate change threatens our business, our supply chain and the communities where we live and work. By using The 3% Solution, developed by World Wildlife Fund and Carbon Disclosure Project, as the basis of our approach, we expect to reduce emissions by a minimum of 26 percent by 2025.”
Between 2010 and 2015, Avery Dennison cut its emissions indexed to net sales by 15 percent based on a 2005 baseline. The company achieved the reduction mainly by identifying ways to use energy more efficiently. To meet the new goal, “We’re exploring every option, including renewable energy sources and fuel switching,” said Scarborough, who will discuss climate change with other global business leaders at a gathering coinciding with the United Nations’ COP21 climate talks in Paris this December.
In addition to its new emissions target, Avery Dennison announced additional goals in its sustainability report:
The company reported that it is on track to meet or exceed all of its original sustainability goals, set in 2010.
Avery Dennison’s sustainability report is available online at averydennison.com/sustainability.
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