Graphic Packaging Issues '24 Impact Report, Aims For Net-Zero Emissions Atlanta, Georgia based Graphic Packaging Holding Com- pany, a global leader in sustainable consumer packaging, announced the release of its 2024 Impact Report. The report highlights the company’s progress toward its Better by 2030 commitments announced last year, as part of a multi-year Better, Every Day sustainability initia- tive. Graphic Packaging’s Better by 2030 sustainability goals outline actions the company is taking to: • Create better packaging designed to drive circularity. • Do better for people through safer work environments, engaging employees and local community. • Shape a better future for the planet by reducing its en- vironmental footprint and sustaining forests. “Our Vision 2030 strategy places more focus than ever on innovation across our business,” said Graphic Packag- ing President and Chief Executive Officer Michael Doss. “Combined with our foundational commitment to sus- tainability, we are positioned to meet growing global de- mand for packaging innovations that are more circular, more functional and more convenient than existing alter- natives.” Some of the highlights from Graphic Packaging's 2024 Impact Report include: • Approximately 1 billion plastic packages replaced with
paperboard packaging • 97 percent of packaging products sold characterized as recyclable1 • More than 130 new patent applications filed • Over 20,000 employee engagement survey partici- pants (87 percent) • 47 percent increase in Employee Group participation • 98 percent of global sites implemented Health Safety and Environment (HSE) Excellence System • 70 percent of EMEA electricity use to be covered by new virtual power purchase agreement (VPPA) • 89 percent of forest products sustainably sourced • Approximately 1 million metric tons of our generated waste materials recycled Better by 2030 includes near-term climate action goals that Graphic Packaging is taking to advance its aspiration of net-zero greenhouse gas (GHG) emissions by 2050 (in accordance with the Paris Agreement and UN Sustainable Development Goal 13). These goals include validated science-based targets to reduce GHG emissions across the company’s operations and value chain, as well as commitments to increase the use of renewable fuel and electricity. “We identified several ways to make sizeable GHG re- ductions, including upgrading to more efficient biomass boilers and steam turbines for cogeneration of steam and electricity at two of our wood-based paperboard manufac- CONTINUED ON PAGE 20
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