Verescence, a global specialist in luxury bottles for the perfume and cosmetics industry, has published its 2022-2023 sustainability report, approved by the independent third-party organization KPMG.
This sixth report highlights the progress made by Verescence in its fundamental pillars: People First, Act For Society and Eco Solutions, as part of its Glass made to last program.
"Verescence's significant progress, illustrated in this sixth sustainability report, is only possible thanks to a solid governance and performance system.said Thomas Riou, CEO of Verescence. In 2022, our efforts were rewarded once again by EcoVadis, which awarded us a platinum medal, as well as by CDP, which awarded us a double 'A' for our leadership in climate action and water management."
Here are a few highlights:
- Verescence has reduced its CO2 emissions (scopes 1 and 2) by 20 % since 2017, and its 2019-2034 decarbonization plan has been approved by the Science Based Targets (SBTi) initiative on the basis of the WB2C scenario.
- Verescence recycles 98% of the water used in its industrial processes in a closed loop at its sites and has reduced its water withdrawals by 50% since 2017.
- Verescence recycled 91% of its waste and produced 62% of its bottles from post-consumer recycled glass (PCR), demonstrating its commitment to a circular economy.
- Verescence favors short supply chains, with 97% of purchases coming from local suppliers.
- Verescence maintains a lost-time accident frequency rate of less than 5, 2.5 times lower than the industry average.
- Verescence has achieved parity in hiring, with 52% women recruited, including in production, quality, moldmaking and maintenance.
