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Thursday, October 6, 2022
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Albéa commits to reducing its absolute carbon emissions by 46% by 2030

Publicity

As part of its overall strategy, Albéa unveils its roadmap on climate change. Aligned with the recommendations of the Science Based Target initiative, the company is committed to reducing its absolute carbon emissions by 46% on direct and indirect emissions by 2030.

For fifteen years, Albéa has placed sustainable development and CSR at the heart of its activity. This translates, among other things, into a constant commitment to reduce ghg emissions and develop circular packaging solutions with low environmental impact. This year, to accelerate its transition, the company revised its 2030 carbon emissions targets to support the stabilization of global temperature at +1.5°C. For the group, this translates concretely into a 46% reduction in its GHG emissions on scopes 1 (direct emissions) and 2 (indirect and energy-related emissions) by 2030 (versus 2019) with different levers of action.

The first is the reduction of its electricity consumption. This accounts for 95% of scope 1 and 2 emissions. Over the past 10 years, Albéa has set up a network of energy experts at its 31 sites to make improvements. A dedicated annual budget will support this ongoing effort.

The second lever of action is green energy. An important milestone was reached in 2020 thanks to the purchase of energy certificate attributes (EAC): since then, 39% of the electricity used by Albéa worldwide is renewable. Albéa is now evaluating PPAs (Power Purchase Agreements) and on-site solar solutions as a long-term project.

In addition to this commitment on scopes 1 and 2, Albéa is actively working on its scope 3 (all indirect emissions in the value chain). Through its responsible packaging program, the company aims to reduce greenhouse gas emissions during product design and production. The selection of new low-emission materials as well as the elimination of the waste stream in production systems will have a significant impact on Albéa's scope 3 in the future.

At the same time, the company continues to engage in various initiatives: A few weeks ago, Albéa signed the French Business Climate Pledge, joining companies from different sectors. This voluntary and collective initiative is another step towards a low-carbon economy and an opportunity to amplify the impact of innovative solutions to combat climate change.

External resources
albea-group.com

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