Tetra Pak was recognized for leadership in corporate sustainability by global environmental non-profit CDP,[1] securing a place on its A-List for tackling climate change, as well as acting to protect forests – two of the three environmental themes covered by CDP.
Tetra Pak is the only company in the carton packaging sector to be included in the CDP leadership band for five years in a row and to score an outstanding double ‘A’ for climate and forests in 2020.
Tetra Pak is part of a very small number of companies (1%) that achieved a double "A" score, out of 5,800+ companies that were scored based on data submitted through CDP’s questionnaires in 2020.
Through significant demonstrable action on climate and deforestation risks, the company is leading on corporate environmental ambition, action and transparency worldwide.
In 2020, more than 515 investors with more than $106 trillion in assets and 150+ major purchasers with $4 trillion in procurement spend requested companies to disclose data on environmental impacts, risks and opportunities through CDP’s platform. More than 9,600 responded – the highest number ever.
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 environmental risks and demonstration of best practices associated with environmental leadership, such as setting ambitious and meaningful targets.
“Transparent disclosure is at the core of how we measure and improve our sustainability performance," said Markus Pfanner, VP Sustainability, Tetra Pak. "This recognition – a first in the carton packaging sector – is a result of our continuous efforts to reduce GHG emissions and meet ambitious climate targets, to take action in protecting and enhancing biodiversity and to strengthen responsible sourcing of raw materials. Earlier this year, we set an ambition for net zero emissions across the value chain by 2050, supported by a 2030 target of net zero emissions in our operations.”
