Sector News

Huhtamaki recognized as a Climate Leader for three consecutive years

May 17, 2024
Advanced Industrial Solutions

Huhtamaki has achieved recognition as a Climate Leader in Europe, a commendation bestowed by the esteemed Financial Times. This prestigious acknowledgment is reserved for top-tier European companies with revenues exceeding €40 million, selected from a pool of nominees. The selection criteria are stringent, focusing on companies that have significantly reduced their Scope 1 and 2 emissions intensity between 2017 and 2022.

Our inclusion in the list was propelled by the validation of our climate targets by the Science Based Targets initiative (SBTi) and our CDP Climate score. Notably, achieving a CDP Climate score of at least B- is mandatory for inclusion, a threshold that we surpassed with our B rating.

Huhtamaki’s commitment to emissions reduction has been continuous. We are proud to have earned a score of 63.8 points from Financial Times, reflecting a 9.5% decrease in emissions intensity overall between 2017 and 2022, and an 8.9% reduction in core emissions during the same period. Maintaining our B rating from CDP over the past three years, despite increasingly stringent criteria, underscores our dedication to sustainability.

Our global ranking is a testament to our ongoing commitment to sustainability. However, it also serves as a reminder that our journey towards climate leadership is ongoing. During the past few years, we have focused on further reducing our emissions through Virtual Power Purchase Agreements and other renewable electricity projects. We remain committed to reducing our Scope 1 and 2 emissions through additional renewable electricity projects.

Source: huhtamaki.com

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