Amcor has become the first global diversified packaging company to report to the Sustainability Accounting Standards Board (SASB) packaging standard.
Zurich Switzerland: Amcor – a global packaging leader – has for the first time reported against SASB’s standards, setting a new benchmark for the packaging industry by becoming the first global diversified packaging company to do so.
SASB standards are recognized as best-in-class, enabling businesses around the world to offer greater transparency and improve risk management.
This view is shared by the investor community, which has embraced the SASB standard as a means to allow informed decision making on sustainable investing. By reporting against SASB’s Containers & Packaging standard, Amcor is leading the industry with regard to benchmarking and transparency to drive more sustainable performance.
Tracey Whitehead, Amcor Global Head of Investor Relations, said: “We are proud to have adhered to SASB standards, an important benchmark for transparent reporting and one we know will help our stakeholders better understand Amcor’s commitment to managing ESG risks and improving outcomes for our business, customers and shareholders. As a global leader in packaging, we recognize that enhancing transparency and accountability enables better, evidenced-based progress against company and industry goals.”
In addition to reporting against SASB standards, Amcor is leading the packaging industry in adopting multiple other initiatives including:
• Reporting sustainability metrics in accordance with the Global Reporting Initiative (GRI) Standards: Core option for the last nine years;
• Reporting annually through the CDP’s global disclosure system for assessments on Climate Change, Water Security, and Forests;
• As a signatory of the Ellen Macarthur Foundation’s Global Commitment, disclosing progress annually against key sustainability goals; and
• In 2020 joined WWF (World Wildlife Fund) ReSource, which provides a best practice measurement framework to help quantify reductions in plastic waste.