Constantia Flexibles officially commits to net zero emissions according to standards of the Science Based Targets Initiative

Vienna, October 24, 2023

Constantia Flexibles, the world's third largest producer of flexible packaging, officially commits to net zero emissions according to the standards of the Science Based Targets Initiative (SBTi).

As one of the biggest players in the packaging industry, Constantia Flexibles recognizes its role in shaping a more sustainable future. Especially in times of climate change, setting science-based targets and driving R&D to innovate even more sustainable solutions to reduce greenhouse gas (GHG) emissions and accelerate the transition to a low-carbon economy, must be a key objective of any manufacturing company.

For this reason, Constantia Flexibles has decided to commit to the Science Based Targets Initiative (SBTi) to achieve net zero. "We are pleased to announce this commitment and to join other organizations in leading the fight against climate change," says Pim Vervaat, CEO of Constantia Flexibles. "Sustainability has always been a part of our DNA therefore we continue to invest in the development of more sustainable packaging solutions, with a focus on a circular economy.” Since 2018, the company has an approved, science-based GHG emissions reduction target and is consistently working towards the goal of reducing GHG emissions across all three scopes by 24% by 2030. “In order to remain at the forefront of sustainability, it was time to update our target to reflect the need to limit global warming to 1.5°C and achieve net zero emissions by 2050,” adds Vervaat. “We therefore have decided to increase the ambition of our target and have committed to setting a science-based Net Zero target in all three scopes within the next two years.”

The Science Based Targets Initiative (SBTi) is a partnership between (CDP Carbon Disclosure Project), the United Nations Global Compact, World Resources Institute (WRI) and the World Wide Fund for Nature (WWF). The SBTi call to action is one of the We Mean Business Coalition commitments.

Constantia Flexibles is the world’s third largest producer of flexible packaging. Based on the guiding principle of ‘People, Passion, Packaging’, some 8,530 employees manufacture tailor-made packaging solutions at 30 sites in 16 countries. Many international companies and local market leaders from the consumer and pharma industries choose the sustainable and innovative products of Constantia Flexibles. www.cflex.com