IP Receives SBTi Approval On Carbon Reduction Target
Board Converting NEWS INTERNET DIRECTORY
Memphis, Tennessee based International Paper an- nounced that its 35 percent Greenhouse Gas reduction target has been approved by Science Based Targets ini- tiative (SBTi) as consistent with levels required to meet the goals of the Paris Agreement. The targets covering green- house gas emissions from International Paper’s operations (scopes 1 and 2) are consistent with reductions required to keep warming to well-below 2°C. Additionally, IP’s target for the emissions from its value chain (scope 3) meet the SBTi’s criteria for ambitious value chain goals, meaning they are in line with current best practice. The approval formally recognizes IP as a leader in the low-carbon transition, and makes the company one of the first North American organizations in the paper and pack- aging industry with approved targets, joining over 1,000 others across industries and around the world. “As a global leader in the forest products industry, In- ternational Paper is uniquely positioned to drive significant progress in the low-carbon circular economy,” said Mark Sutton, Chairman and CEO of IP. “We are committed to leading our industry towards a more sustainable future.” In 2020, IP released its Vision 2030 goals, which demonstrate its commitment to building a better future for people, the planet and the company. Through the goals, one of the leading producers of renewable fiber-based packaging and pulp announced plans to advance its con- tributions to the circular, low-carbon economy while build- ing on its commitments to its people and communities. The company has committed to achieving the following goals by 2030: • Healthy & Abundant Forests: Lead forest stewardship efforts globally • Thriving People & Communities: Promote employ- ee well-being by providing safe, caring and inclusive workplaces and strengthen the resilience of our com- munities • Sustainable Operations: Improve our climate impact and advance water stewardship • Renewable Solutions: Accelerate the transition to a low-carbon economy through innovative fiber-based products Each goal includes one to three specific, measur- able targets, enabling the company to track its progress throughout the decade. The targets include commitments to reduce greenhouse gas emissions by 35 percent from 2019 levels, to reduce water usage by 25 percent and to create innovative products that are 100 percent reusable, recyclable or compostable. “The SBTi approval means we’ve aligned our own sus- tainability ambitions with the Paris agreement, and demon- strates International Paper’s commitment to building a better future for people, the planet and our company,” continued Sutton.
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SUN Automation Group is the global leader in providing innovative solutions to the corrugated industry. SUN engi- neers and builds the SUN625 Rotary Die Cutter, provides sales, service and support in North and Central America for Latitude Machinery Corporation, manufacturer of Mini to Jumbo FFG and RDCs. Additionally, SUN is the North Amer- ican, UK and Ireland sales and service provider for Para Machinery’s line of equipment, and is the North American sales provider for Highcon. SUN also powers the corrugat- ed industry’s premier IIoT platform, Helios, and is the OEM source for Langston/Staley equipment parts and service. THACKER INDUSTRIAL SERVICE COMPANY www.thackerindustrial.com Specializing in corrugated machinery, T.I.S.CO. offers quali- ty-made products, support services, and more. T.I.S.CO. has a reputation of dependability, not only in the product, but in service and support. With more than 25 years’ experience, T.I.S.CO. installs equipment and machinery, moves or sets up entire plants, rewires and rebuilds - all over the world. VT GROUP www.vtgrouponl ine.com VT offers prepress services for the POP display and corru- gated shipping container industry including graphic design, optimized digitally imaged printing plates and innovative pre-mounting solutions. Our large-format digital printing fa- cility (Digital Impact) is a leading short-run manufacturer of distinctive POP displays and signage where litho-like graph-
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December 13, 2021
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