Daily Newsletter

08 August 2024

Daily Newsletter

08 August 2024

Matterport aims for sustainable packaging for all Pro3 cameras by 2025

The company also aims to become net-zero emissions company by 2050.

Jangoulun Singsit August 07 2024

Matterport, a company focusing on digital transformation, has committed to moving to sustainable packaging by 2025. 

The company plans to adopt recyclable or renewable materials for all packaging of its Pro3 cameras by next year.

This commitment was highlighted in the company's third Environmental, Social, and Governance (ESG) Report, which was released yesterday (6 August).

The move forms part of a broader strategy to enhance sustainability and reduce environmental impact across the business. 

The company's ambitious goals also include a 20% reduction in scope 1 and scope 2 greenhouse gas emissions by 2030. 

Matterport aims to become a net-zero emissions company by 2050. 

The report also revealed that the company recycled 2,517lbs of packaging materials and returned merchandise authorisation product waste at its Sunnyvale, US, facility in 2023. 

The company’s digital twin platform has also contributed to carbon emission reductions, with more than one million subscribers utilising the technology to avoid unnecessary travel.  

The platform has digitised more than 12 million spaces in 178 countries, demonstrating a significant shift towards more sustainable practices in various industries. 

Matterport chair and CEO RJ Pittman said: “These targets reflect our ongoing commitment to reduce our environmental impact, drive systemic change and make the world a better place for future generations.  

“With our innovative digital twin platform and products, we empower people across the world to work in smarter ways that put less strain on the planet.  

“We are committed to leading by example. This report illustrates how our strategy translates ESG commitments into action and ensures we hold ourselves accountable for achieving even greater impact." 

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