Amcor has released its 2022 Sustainability Report detailing the company’s continued progress against key sustainability metrics, along with an enhanced target to achieve 30 per cent recycled content across its portfolio by the end of the decade.
The new recycled content target, which is three times its previous target of 10 per cent, comes as Amcor reflects on a landmark year for its sustainability efforts.
In fiscal year 2022, the company committed to net zero emissions by 2050, more than doubled post-consumer recycled material purchased since 2019, and achieved a Gold rating from EcoVadis for its industry-leading sustainability practices, placing Amcor among the top five per cent of all companies assessed.
“We’re continuing to show ambition and leadership to deliver better sustainability results for our people, our customers, our investors and the environment. We’re working with every part of the value chain to make this happen,” said Ron Delia, CEO of Amcor.
“I am particularly proud of our colleagues around the world who are dedicated to delivering on our sustainability ambitions. We now have an exciting line-up of innovative packaging products, and we keep raising the bar to deliver the very best solutions for our customers’ specific needs.”
The Report highlights how Amcor has advanced on its pledge to make all products recyclable, reusable or compostable by 2025, with 74 per cent of total production by weight already designed to be recycled, and the number of innovation solutions with more sustainable properties continually growing.
“In ramping up our targets for recycled content, we’re helping radically scale the amount of recycled content coming into the market to create a circular economy for packaging,” explained David Clark, vice-president of sustainability at Amcor.
“We do this by not only making sure that the packaging produced is designed to be recycled, but also by boosting infrastructure and consumer awareness to ensure content gets recycled and stays in the economy."
In 2022, the company launched a product rebrand that includes its new EcoGuard brand, which makes it easier for customers to choose from a number of more sustainable solutions, including products that reduce the carbon footprint of packaging, are recycle-ready and use recycled content or biomaterials.
Progress on Amcor’s EnviroAction program also continues, with a 33 per cent reduction in waste sent to disposal over the past three years, and 121 Amcor sites achieving zero waste-to-disposal last year.
All sites have water management plans in place, and every site that uses plastic pellets, granules or flakes has implemented Operation Clean Sweep methodology for preventing plastic pellet loss.
