PACCOR announces sustainability targets
As part of CARE, PACCOR outlined a detailed plan to reach carbon neutrality, starting with the announcement of a renewable electricity commitment in October 2020 and commitment to providing updates on the progress. Now, PACCOR has outlined further steps on the path to be carbon neutral by 2050.
In order to deliver on its commitment, PACCOR said it has formulated a series of resource efficiency targets, which have been operationalized across the business.
These include a 15% cradle-to-grave carbon footprint reduction per ton of product by 2025; a 10% reduction in energy consumption per ton of product by 2025; the use of 100% renewable energy within a three-year period from 2020; a 25% reduction in waste per ton of product and zero waste to landfill by 2025; and a 100% closed water cycle in all production facilities by 2025.
“While our goals on reducing carbon emissions and waste as well as energy and water use within CARE are challenging, they will enable us to continue making an important contribution to the sustainability challenges faced by our company, customers and broader society. During 2020 we have achieved significant milestones and we are proud to say that we are over-achieving in our commitment,” said Andreas Schuette, CEO of PACCOR.
In 2019, PACCOR standardized the monitoring of the diverse energy, waste and water tracking systems and in 2020 the company identified and implemented strategic energy waste and water reduction projects across all sites, as part of the resource efficiency program. Last year, the expected energy efficiency improvement was achieved, and the overall renewable electricity share increased to 64%.
For 2021, PACCOR has secured additional renewable electricity: up to 86% of all electricity at 12 of its 16 plants is renewable electricity.
“Furthermore, the renewable electricity we have purchased comes from power plants with high-quality sustainability attributes such as the guarantee of re-investment in new renewable capacity and additional measures for preservation of biodiversity. In this way we are further contributing to the implementation of SDG 7, on access to affordable, reliable, and sustainable energy, and SDG 13, on urgent action to combat climate change," said Caterina Camerani, Paccor’s VP of group sustainability.
