OSLO, Norway, Nov. 1, 2021 (Press Release) -The COP26 summit is now underway. It is a hugely important event with the potential to unite the world in tackling climate change.
Elopak wholeheartedly supports the goals and ambitions of the summit, including the goal of reaching global net zero by 2050 and keeping 1.5 degrees within reach. We have been carbon neutral since 2016 and use 100% renewable electricity. We were also one of the first companies in the world to formally pledge to cut greenhouse gas emissions in line with criteria set by the Science Based Targets (SBT) initiative, aimed at keeping the global average temperature increase below 1.5°C.
We continue to set ourselves new goals and targets to become more sustainable. Having reduced greenhouse gas emissions by 70% between 2008 and 2018, we are aiming for a further 55% reduction in emissions by 2030 against a 2017 baseline.
Business has an important role to play in meeting the challenge of climate change. In partnership with governments and civil society it can help drive a green recovery and support the necessary transition to a low carbon, circular economy. The packaging industry specifically has a vital responsibility towards minimising food waste, which is a significant source of greenhouse gas emissions.
Elopak supports the ideals of COP26 that innovation and collaboration are central to tackling climate change. Elopak is committed to working together with industry partners and key stakeholders including through organisations such as the Alliance for Beverage Cartons and the Environment (ACE) and global initiatives such as the RE100 campaign. Elopak recently became a United Nations (UN) Global Compact participant as part of its ongoing efforts to work collaboratively with partners to advance sustainability and support delivery of the UN Sustainable Development Goals (SDGs).