Avery Dennison advances sustainability actions in 2020

Epitome: Aaron Burden on Unsplash

Avery Dennison (NYSE:AVY) has appear a series of recent actions that further acknowledge its accelerated sustainability efforts, catastrophe the yr with continued progress against its 2025 sustainability goals and re-committing to its part as a sustainability leader within the global value chain.

This week, the visitor received markedly improved scores on its transparency and actions on climate alter, water, and forests by the Carbon Disclosure Project (CDP), the gilded standard in environmental reporting. CDP operates a global disclosure organization for investors, companies, cities, states, and regions to manage their environmental impacts. Avery Dennison earned an A- on forests and scored a B for climate alter and for water security.

This achievement follows decisive positions taken in 2022 on transparency, human rights, and climate change, affirming how Avery Dennison plans to lead on these and other bug of growing importance to global communities. The company'south actions include:

Defining environmental, social, and governance (ESG) policies and metrics as part of its ESG Download to conspicuously link sustainability to the company'due south business organisation strategy.

Publishing a policy on human rights, upholding the primal principles and requirements of basic human rights in the workplace.

Publishing a policy on climate that acknowledges the imminent threat posed by climate modify and the company'south strategy to motility toward a lower-carbon futurity, aligned with the Paris agreement and the recommendations of climate scientists. The visitor has already achieved pregnant progress to realize its climate goal, reducing absolute greenhouse gas emissions by more than 44% through the third quarter of 2022 against its 2015 baseline, which exceeds the initially fix target of a 26% reduction by 2025.

Publishing a policy paper on water that acknowledges the strategic value of water equally a vital resource to ensure the wellness of communities, businesses, and supply bondage.

Updating commitments to responsible paper procurement reflective of the visitor'south office as a significant stakeholder in the supply chain of pulp and paper products and its role in promoting and providing sustainable and socially responsible paper products.

Significantly, in 2020, Avery Dennison also took steps to align with the United Nations' blueprint for a more sustainable future. In Nov, Avery Dennison joined leading companies and stakeholders globally as a signer of the Un Global Meaty, the world's largest voluntary corporate citizenship initiative. The company'due south responsible concern practices, values, and commitments are embodiments of the Compact's ten universal principles in the areas of homo rights, labor, environment, and anti-corruption.

In addition, Avery Dennison aligned its ain viii 2025 sustainability goals more strategically against the United nations Sustainable Development Goals adopted by 193 countries every bit a plan for ending extreme poverty, reducing inequality, and protecting the planet by 2030.

"The global challenges of 2022 have shown unequivocally the importance of pursuing—and delivering—sustainable business practices and corporate deportment that will lead to more resilient communities and business organization enterprises," said Deon Stander, vice president, and general manager, retail branding and information solutions, and global corporate sustainability lead. "As we caput into 2021, our strategies take on even more than significance, and we volition double down on innovation, collaboration, and continuous improvement throughout our supply chain to make a meaningful divergence for people and the planet."

Avery Dennison is a global materials science company specializing in designing and manufacturing a broad variety of labeling and functional materials. The company's products, which are used in nearly every major industry, include pressure-sensitive materials for labels and graphic applications; tapes and other bonding solutions for industrial, medical, and retail applications; tags, labels and embellishments for apparel; and radio frequency identification (RFID) solutions serving retail apparel and other markets. Headquartered in Glendale, California, the company employs more than 30,000 employees in over 50 countries. Reported sales in 2022 were $7.1 billion.

Equally you lot join us today from India and elsewhere, we have a favour to enquire. Through these times of ambiguity and challenge, the packaging industry in Bharat and in about parts of the world has been fortunate. We are now read in more than than xc countries as our coverage widens and increases in impact. Our traffic as per analytics more than than doubled in 2022 and many readers chose to support us financially fifty-fifty when advertizement fell to pieces.

Every bit we come out of the pandemic in the side by side few months, nosotros hope to again expand our geography and evolve our high-touch on reporting and authoritative and technical information, with some of the best correspondents in the industry. If there were ever a fourth dimension to back up us, it is at present. You tin can power Packaging South asia'southward balanced manufacture journalism and help to sustain us by subscribing.

Subscribe Now

robinsonprionsprould.blogspot.com

Source: https://packagingsouthasia.com/she-safety-health-and-environment/sustainability-health/avery-dennison-advances/

Share this post