SBTi approves SIG's net-zero commitment

Switzerland-headquartered SIG has received approval for its net-zero science-based target from the Science Based Targets initiative (SBTi). It is among the first 300 companies to have its target validated by the SBTi; and is committed to reach net-zero greenhouse gas (GHG) emissions across its value chain by 2050.

08 Aug 2023 | By Aditya Ghosalkar

Wittenberg solar installation extends SIG’s industry lead in renewable energy use; contributes to net-zero target

SIG has set a series of near and long-term science-based emissions reduction targets with the SBTi, committing to reach net-zero. It envisions beyond operations and commits to the decarbonisation of its entire value chain in-line with climate science.

The company’s near-term 2030 commitments include 42% absolute reduction of scope 1 and 2 GHG emissions; 100% renewable electricity through 2030; and 51.6% reduction of scope 3 GHG emissions per litre packed.

The long-term 2050 targets include 90% absolute reduction of scope 1 and 2 GHG emissions; and 97% reduction of scope 3 GHG emissions per litre packed.

Samuel Sigrist, CEO at SIG, said, “The approval of our net-zero pathway by the SBTi is a milestone achievement that showcases our dedication to decarbonising our operations and value chain. Our new targets are considerably bolder than our previous GHG reduction targets and have been well received by our stakeholders. Decarbonising our business will not be an easy task, but we’re excited to speed up our journey to net-zero as one of the first 300 companies that have received SBTi approval.”

Angela Lu, president and general manager, Asia Pacific South at SIG, said, “SIG’s journey to become a net-positive business includes creating packaging for better. We are committed to keep reducing our carbon footprint until we capture more carbon from the atmosphere than we emit, while ensuring our sustainable innovations help customers get more food to consumers around the world in even more safe, sustainable, and affordable ways.”

SIG is reducing its operational emissions scope 1 and 2 with its 100% renewable electricity commitment. Going forward, the company’s priorities are to use less aluminium foil in its aseptic carton packs, work with suppliers to reduce emissions across the supply chain, further improve energy efficiency with new filling lines, and increase collection and recycling of used packaging.

Tags : SIG India
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