How Do We Reach Our Goals?
Improving our sustainability performance is one of Innovia’s primary objectives. We have signed the New Plastics Economy Global Commitment led by the Ellen Macarthur Foundation and adopted the United Nations ‘Sustainable Development Goals’, providing us with a framework to evaluate our current position and enabling us to identify the next steps to improve the contribution we make. We are very committed to transparent environmental disclosure and are a part of the Science-BasedTargets intiative (SBTi).
In numbers
Scope 1 (direct) and 2 (indirect) emissions intensity reduction of 50% by 2030. Reduce Scope 1 and 2 emissions intensity by 90% by 2050.
Engage 80% of material suppliers by spend to set SBTs.
Engage 90% of suppliers by spend and 50% of customers by revenue to set science based targets by 2050.
CCL submitted targets for verification through the Science[1]Based Target (“SBTi”) initiative. The terms of these targets and goals through SBTi include (based on a baseline year of 2022).
How Do We Reach Our Goals?
Innovia is increasingly prioritizing the use of renewable energy into our electricity consumption and integrating energy saving technologies, waste reduction projects and partnering with customers and suppliers on material changes to help the Company achieve these reductions.
How Do We Reach Our Goals?
Recyclability is at the forefront of our design criteria as we develop new products. To drive the process forward, the use of mono-materials is essential. Mixed plastics are making the recycling more difficult and costly. More and more of Innovia’s products are certified recyclable, consequently contributing to resource conservation.
How Do We Reach Our Goals?
In our strive for a sustainable tomorrow innovation is a key factor. Innovia is aware of the responsibility we have as a major producer of speciality high performance films – and as renowned innovators for the packaging and labels industry. Each new product we develop is measured not only by versality or machinability, but most important by its sustainability.
How Do We Reach Our Goals?
Innovia is monitoring any emissions from our site to make sure we are operating well within regulatory conditions all the time. We also are improving our systems to ensure that zero waste is going to landfill. The waste currently being diverted for energy recovery is minimised and all recyclable waste remains within the circular economy.
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