FMN | June 22nd, 2020

Tetra Pak Commits To Net Zero Emissions

Tetra Pak has confirmed its strategic priority in driv- ing the sustainability transformation by setting an am- bition for net zero emissions across the value chain by 2050, supporting this with an intermediate 2030 target of net zero carbon emissions across its own operations. “We have consistently delivered on our climate goals, right from the first goal set in 2002, again in 2005 and we are on track to meet our 2020 goal,”said Lars Holm- quist, Executive Vice President, Packaging Solutions and Commercial Operations at Tetra Pak.“In 2017, we were the first company in the food and beverage in- dustry to have our climate impact reduction targets approved by the SBT initiative.” “Most recently, we joined the European Alliance for Green Recovery, the rst pan-European call for mo- bilization on post-crisis green investment solutions,” Holmquist continued. Tetra Pak will focus on four key areas to reach net zero GHG emissions across its own operations by 2030, and to realize its 2050 ambition along the entire value chain. Lowering energy-related emissions through ener- gy conservation; improvements in energy efficiency; installing on site solar photovoltaics; and purchasing renewable energy. Since 2011, Tetra Pak has invested more than EUR 16 million in energy efficiency, pre- venting energy use from increasing by 23 percent over this period. To date the company has installed about 8,000 pan- els, delivering low carbon electricity whilst saving operational costs. A member of the RE100 initiative, Tetra Pak has gone from 20 percent use of renew- able electricity in 2014 to 69 percent in 2019, and it is on track to achieve its 2020 target of 80 percent. This journey included the installation of solar panels across its operations and the purchasing of renew- able certificates. Bryce Invests $10 Million Bryce Corporation’s packaging division is investing $10 million to expand its capacity, enhance its techni- cal capabilities and generate an additional 20 jobs. Bryce Corporation recently purchased a new print- ing press, developed and installed a fully automated extrusion laminator and added two new pouch mak- ing lines. These and other investments will generate 12 new jobs in Memphis, Tennessee, and eight new jobs in Searcy,Arkansas.

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