Tetra Pak has once again demonstrated its commitment to corporate transparency and environmental stewardship by securing a coveted spot on CDP’s (a charity that runs the global disclosure systems for investors, companies, cities, states, and regions to manage their environmental impacts) prestigious A List for the eighth consecutive year.
Leadership in transparency
Out of more than 21,000 companies evaluated based on data from CDP’s 2023 Forests questionnaires, Tetra Pak emerged as one of the top 2%, achieving an impressive A score for its transparency and performance on forests.
Notably, Tetra Pak is the sole company in the carton packaging sector to achieve this distinction. The company’s commitment to transparency extends beyond forests, as evidenced by its A- scores in Climate Change and Water Security reporting.
Addressing environmental concerns
In a time when biodiversity loss is accelerating at unprecedented rates, Tetra Pak recognises the critical role of nature in sustaining life and economic prosperity.
With global food systems identified as a primary driver of nature loss, Tetra Pak said it acknowledges the urgency of action to mitigate environmental impact and support biodiversity conservation.
Gilles Tisserand, vice-president of Climate & Biodiversity at Tetra Pak, emphasised the company’s dedication to reducing its environmental footprint and contributing to the transformation of food systems.
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By GlobalData“We believe that companies such as Tetra Pak need to act urgently, based on the currently available information, to reduce the impacts of our value chain, to restore landscapes and to contribute to the wider transformation of food systems.”
“Our approach to nature is closely linked with our ambitions on climate, circularity, social sustainability and food systems. Delivering on this requires certain enabling factors across the business, including people and processes, for example, capacity development, monitoring, reporting, and disclosure,” Tisserand added.
CDP’s scoring methodology
CDP’s rigorous methodology evaluates companies based on the comprehensiveness of their disclosure, management of environmental risks, and demonstration of best practices in environmental leadership.
CDP’s assessment for forests focuses on four key commodities: timber, cattle products, soy, and palm oil. Companies must achieve an A score in at least one of these forest-risk commodities to earn a coveted spot on the Forests A List.