Science Based Targets initiative approves Mayr-Melnhof Karton’s climate targets; MM Karton has committed to reduce absolute scope 1 and 2 GHG emissions 50.4% by 2031 from a 2019 base year, scope 3 GHG emissions by 58.1% per Euro value added

Sample article from our Packaging Industry

April 22, 2022 (press release) –

The Mayr-Melnhof Karton AG (MM Group) has committed itself to a reduction of greenhouse gas emissions in line with climate science. The ambitious targets have now been officially approved by the Science Based Targets initiative (SBTi).

MM consolidates its leadership status in terms of sustainability.
At MM, we focus on economic and technical progress that is consistent with the needs of society and nature through responsible business activities. Based on the strategic pillars "Planet", "People" and "Prosperity", the MM Group has developed a comprehensive sustainability program that includes an overall decarbonization strategy. MM´s CEO, Peter Oswald, highlights the approach, “Tackling climate change requires ambitious action from the corporate sector. Our science-based targets prove our commitment to building a sustainable economy, by doing what is necessary and not what is easy.”

MM´s climate targets cover all scopes.
The commitment of MM Group to mitigating climate change includes the reduction of both direct and indirect emissions from operations (Scope 1 and 2) as well as emissions from the value chain (Scope 3):

  • MM commits to reduce absolute scope 1 and 2 GHG emissions 50.4% by 2031 from a 2019 base year.
  • MM also commits to reduce scope 3 GHG emissions 58.1% per Euro value added, which is equivalent to a 50.4% absolute reduction, by 2031 from a 2019 base year

The approval by SBTi confirms that MM's group-wide reduction pathway is in line with the Paris Climate Agreement in order to contribute to limiting global warming to below 1.5°C by 2050. For this purpose, MM not only determines GHG emissions of the Group, but also fosters sustainability initiatives of its customers and suppliers.

About SBTi

The Science Based Targets initiative (SBTi) is a global body enabling businesses to set ambitious emissions reductions targets in line with the latest climate science. It is focused on accelerating companies across the world to halve emissions before 2030 and achieve net-zero emissions before 2050.
The initiative is a collaboration between CDP, the United Nations Global Compact, World Resources Institute (WRI) and the World Wide Fund for Nature (WWF) and one of the We Mean Business Coalition commitments. The SBTi defines and promotes best practice in science-based target setting, offers resources and guidance to reduce barriers to adoption, and independently assesses and approves companies’ targets.

About MM

MM is Europe’s leading producer of cartonboard and folding cartons with an attractive offer in kraft papers and uncoated fine papers. We promote sustainable development through innovative, recyclable packaging and paper products made from renewable, fiber-based raw materials. Therefore, all activities related to sustainability, environment and safety have special priority. MM generates sales of approximately EUR 3.5 billion and employs around 12,800 people.


* All content is copyrighted by Industry Intelligence, or the original respective author or source. You may not recirculate, redistrubte or publish the analysis and presentation included in the service without Industry Intelligence's prior written consent. Please review our terms of use.

See our dashboard in action - schedule an demo
Chelsey Quick
Chelsey Quick
- VP Client Success -

We offer built-to-order packaging industry coverage for our clients. Contact us for a free consultation.

About Us

We deliver market news & information relevant to your business.

We monitor all your market drivers.

We aggregate, curate, filter and map your specific needs.

We deliver the right information to the right person at the right time.

Our Contacts

1990 S Bundy Dr. Suite #380,
Los Angeles, CA 90025

+1 (310) 553 0008

About Cookies On This Site

We collect data, including through use of cookies and similar technology ("cookies") that enchance the online experience. By clicking "I agree", you agree to our cookies, agree to bound by our Terms of Use, and acknowledge our Privacy Policy. For more information on our data practices and how to exercise your privacy rights, please see our Privacy Policy.