Ardagh Metal Packaging Announces Approval of Science Based Targets to Reduce Greenhouse Gas Emissions
Ardagh Metal Packaging S.A. (AMP) (NYSE: AMBP), a leading global supplier of infinitely recyclable metal beverage cans, received approval from the Science Based Targets initiative (SBTi) for its greenhouse gas (GHG) emission reduction targets.
SBTi has approved AMP’s plan to reduce absolute scope 1 and 2 GHG emissions by 42% as consistent with achieving a trajectory to limit global warming to 1.5 degrees Celsius. The plan to reduce absolute scope 3 by 12.3% by 2030 meets the SBTi’s criteria for ambitious value chain goals and is in line with best practice. This supports the United Nations and Paris Climate Agreement of 2015 objective of net zero emissions by 2050.
This achievement by AMP is indicative of the company’s commitment to building on the beverage can’s already strong sustainability characteristics of leading recycling and recycled content rates. “We’re focused on further strengthening our customers’ own environmental performance and emission reductions strategies when they choose AMP beverage cans,” said Jennifer Cumbee, Chief Sustainability Officer, AMP. “This SBTi approval is another step on the journey, serving as a positive example in the communities we do business in, as we help to create a circular economy with recycling excellence.”
This latest sustainability news from AMP follows the publication of its Green Bond Report which is available here. For more information regarding AMP's sustainability initiatives, please click here.
18 July 2022
