Label materials supplier UPM Raflatac has reported a 36% decrease in scope 1 and 2 greenhouse gas emission intensities from its 2015 baseline, marking a substantial stride towards its 2030 reduction goal.
In its 2023 Climate Review, released on 18 April 2024, the company bet on the reduction of industrial fossil emissions, claiming it to be the most important way to address climate change issues.
During the year, the company focused on decreasing scope 3 emissions from raw materials and transportation relative to production by 30% by 2030, using its 2018 baseline.
By the end of last year, UPM Raflatac already met its target of 100% third-party certification for all its paper raw materials, including face papers and release liners, achieving this milestone six years ahead of schedule.
With all purchased papers now certified, UPM Raflatac continues to bolster its sustainable forest management credentials.
The company is also making headway towards ensuring 100% traceability of other biobased materials by 2030, in response to the growing demand for renewable solutions.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataThroughout 2023, UPM Raflatac launched several products and services aimed at fostering a circular economy and supporting climate action.
The company introduced PureCycle wash-off paper label materials to facilitate the efficient recycling of high-density polyethylene and polyethylene terephthalate plastic packages.
In addition, the company’s Label Life service received a new certificate of validity from DEKRA, enhancing the credibility of large-scale life cycle assessments.
The RafCycle recycling service has expanded, with Soprema announced as the main partner for label waste recycling in the Europe, Middle East, and Africa region by year’s end.
UPM Raflatac sustainability director Robert Taylor said: “Today, only 15% of the Sustainable Development Goals (SDGs) are on track to meet their target levels by 2030.
“It was natural that UPM joined the UN Global Compact Forward Faster Initiative calling for business leaders all over the world to accelerate action, including towards an ambitious net-zero target.”
Last month, UPM Raflatac announced that its RAFNXT+ product range reportedly has a carbon footprint that is, on average, 11% lower than standard label materials.