AF&PA Releases June 2024 Packaging Papers Monthly Report

Amcor released its first Task Force on Climate-Related Financial Disclosure (TCFD) report, which includes the results of Amcor’s climate scenario analysis exercise, along with information about the company’s climate governance structure, risk management approach and performance metrics. As a leader in sustainability, the report marks another milestone for the organization, ensuring continued transparency of its climate-related business risks as well as providing a roadmap on how to best integrate climate risk management opportunities within its operational strategy. Michael Casamento, Chief Financial Officer at Amcor, said, “The report represents the latest example of how Amcor has integrated climate-related considerations into its growth strategy and risk management framework. Adding TCFD standards to our sustainability-related reporting that already adheres to the Global Reporting Initiative (GRI), as well as leading the packaging industry by reporting against SASB standards, helps us continue to lead with transparent, forward-thinking environmental stewardship.”

Timm will be responsible for delivering operational excellence and growth of Pregis’ blown film and converting operations in the new Anderson, South Carolina facility, as well as the Grand Rapids, Michigan location. The company recently announced a $80 million investment in the new South Carolina operation which will be serving food, CPG, medical, and converter market segments with engineered, customer-focused flexible packaging solutions tailored to the dynamic needs of brand owners and suppliers. “We view growth in specialty films as one of our top strategic imperatives. As the leader of this business, Dave will be charged with delivering on our aggressive goals through organic business growth and strategic expansion. He will oversee the significant investments we’ve made in our operations and build out a center of excellence with the vision of being the first choice in the market. As we look to the future, Dave will reinforce the Pregis Purpose to ‘Protect, Preserve, Inspyre’ by innovating, providing manufacturing excellence and delivering flexible packaging solutions that are driven by our Pregis 2K30 sustainability plan,” said Kevin Baudhuin, president and CEO, Pregis.

Pregis® published its 2023 Sustainability Report highlighting its commitment to minimizing environmental impacts. The report details actions and results achieved in 2023, significantly advancing the company’s progress toward its 2K30 objectives. These goals are an extension of the Pregis Purpose to Protect, Preserve and Inspyre, which serve as the cornerstones of the company’s value system. Here are a few highlights from the 2023 Report: *Achieved 51% of revenues from products that are paper-based, bio-based, or made from a minimum of 30% recycled content *Achieved an 86% reduction in operational emissions intensity (scopes 1 and 2), surpassing the 25% reduction goal seven years ahead of schedule *Diverted 91% of its waste from landfill and incineration *Saved 748,806 trees from harvest through the Pregis EasyPack® 100% recycled paper portfolio *Attained International Sustainability and Carbon Certification (ISCC) PLUS certification for four facilities *Delivered over 450 hours of sustainability training to employees and 560 hours to customers