LUXEMBOURG, Aug. 25,
2022 /PRNewswire/ -- 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.
Notes to the editor
Ardagh Metal Packaging is a leading supplier of sustainable
and infinitely recyclable beverage cans globally. Ardagh Metal
Packaging operates 24 production facilities in nine countries,
employing more than 5,000 people with sales of
approximately $4.1bn.
The Science Based Targets initiative (SBTi) is a collaboration
between CDP, the United Nations Global Compact (UNGC), World
Resources Institute (WRI) and the World Wide Fund for Nature (WWF)
which defines and promotes best practice in emission reductions and
net-zero targets in line with climate science and independently
assesses and validates companies' targets.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/ardagh-metal-packaging-announces-approval-of-science-based-targets-to-reduce-greenhouse-gas-emissions-301609981.html
SOURCE Ardagh Metal Packaging S.A.