Aptar’s Emission Reduction Goals Validated by Science Based Target Initiative (SBTi)

AptarGroup, Inc. (NYSE: ATR), a global leader in drug delivery, consumer product dispensing and active packaging solutions, is proud to announce its science-based targets have been validated by the Science Based Targets initiative (SBTi).

The Science Based Targets initiative is a collaboration between the CDP, the United Nations Global Compact, World Resources Institute (WRI) and the World Wide Fund for Nature (WWF). Its aim is to establish science-based climate targets as standard business practice, by defining and promoting best practice in science-based target setting. By joining this initiative, Aptar will work to align with climate science and supports the transition to a low-carbon economy.

Aptar formalized its science-based targets setting an emissions reduction goal consistent with requirements to keep global warming well-below 2° Celsius by year 2030. This science-based approach incorporates Aptar’s own operations electricity, fuel oil, natural gas and refrigerant use (scope 1 + 2) and operations within the value chain including transportation of goods, raw materials, travel and commuting (scope 3).

“We are extremely proud to advance our efforts to make Aptar an even more sustainable, truly global and inclusive company. Our business strategy focuses on reducing our environmental impact while living up to our purpose and responsibility to society. We remain committed to running and encouraging increasingly energy efficient operations along the entire value chain,” said Stephan B. Tanda, Aptar President and CEO.

Aptar’s targets approved by the SBTi are:
*Aptar commits to reduce absolute scope 1 and 2 greenhouse gas (GHG) emissions 28% by 2030 from a 2019 base year (well-below 2°C)
*Aptar commits to increase annual sourcing of renewable electricity from 57% of total consumption in 2019 to 100% by 2030
*Aptar also commits to reduce absolute scope 3 GHG emissions 14% by 2030 from a 2019 base year (in-line with 2°C)

The actions Aptar takes, and the products and solutions it provides, play an important role in improving everyday life for patients and consumers around the world. Aptar will continue to advance its energy-efficient solutions through reducing emissions and sourcing renewable energy.
https://investors.aptar.com/news/news-details/2020/Aptars-Emission-Reduction-Goals-Validated-by-Science-Based-Target-Initiative-SBTi/default.aspx

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