NEUHAUSEN, Switzerland , March 31, 2021 (Press Release) -Published today, SIG’s Corporate Responsibility (CR) Report for 2020 explores the company’s progress on its journey Way Beyond Good, and sets out SIG’s mission to go even further for people and the planet as it partners with customers to deliver food to consumers around the world in a safe, sustainable and affordable way.
“With Way Beyond Good, we set some very bold ambitions for our company, and our latest CR Report highlights just how much we have achieved,” said Samuel Sigrist, CEO of SIG. “I’m very proud of the progress we have made over the past five years – and continued to make in the last year despite the challenges of the pandemic. Now, we aim to deliver even more value for people, planet, customers and investors as we embark on the next phase of Way Beyond Good for 2025 and beyond.”
Way Beyond Good: Five years on
Five years ago, SIG set an ambitious roadmap of 2020 targets to go Way Beyond Good by putting more into society and the environment than it takes out. The latest CR Report highlights the significant milestones SIG has achieved since then, including a host of industry firsts.
Achievements in 2020 include:
- Enabling customers to continue delivering vital food supplies throughout the COVID-19 pandemic
- Further cutting greenhouse gas emissions and staying on track to achieve stretching targets that align with the latest 1.5oC climate science
- Sourcing 100% paperboard as FSC-certified (from January 2021)
- Remaining the only aseptic carton provider to offer aluminium-free packs, packs linked to 100% renewable materials and packs with all three main materials certified as responsibly sourced
- Surpassing 1.3 billion packs sold with the aluminium-free combibloc ECOPLUS solution since its launch in 2010
- Reaching nearly 200 million packs sold with SIGNATURE 100 or SIGNATURE Full Barrier packaging materials that use polymers linked to 100% renewable, forest-based materials
- Launching SIGNATURE Circular, the world’s first aseptic cartons made with post-consumer recycled plastic
- Retaining a Platinum rating in the latest EcoVadis assessment, scoring among the top 1% of participating businesses
- Securing financing explicitly linked to sustainability performance.
Going further to meet global challenges and customer needs
In addition to reflecting on progress to date, the report sets out SIG’s mission to create food packaging that makes the world a better place by expanding forests across the world, taking carbon from the atmosphere, creating more resources for future generations, and ensuring nutrition and hydration come safely to ever more people.
These far-reaching ambitions focus on the areas where SIG can deliver the biggest positive impact – not only for the environment and society, but for customers and investors. SIG’s responsible culture and industry-leading sustainable innovation will also help to drive progress Way Beyond Good.
SIG’s latest report builds on the transparent approach developed for its last full CR Report for 2018, which won the prestigious edie Sustainability Leaders Award for Sustainability Reporting and Communications in 2020.
The 2020 CR Report starts with an engaging overview of SIG’s ambitions and progress that includes feature case studies illustrating SIG’s approach in action, and external perspectives from customers, stakeholders and members of its Responsibility Advisory Group.
Produced in accordance with the Global Reporting Initiative Standards (Core option), the report goes on to provide detailed information on SIG’s management approach and performance in relation to the company’s most material environmental, social and governance topics. Visual cues signpost where SIG is leading the industry, as well as highlighting key challenges the company is working to overcome. Key performance indicators are externally assured.
The report underlines how corporate responsibility is built into the company strategy and every aspect of the business as SIG continues its mission to go Way Beyond Good.
SIG is a leading systems and solutions provider for aseptic carton packaging. We work in partnership with our customers to bring food and beverage products to consumers around the world in a safe, sustainable and affordable way. Our unique technology and outstanding innovation capacity enable us to provide our customers with end-to-end solutions for differentiated products, smarter factories and connected packs, all to address the ever-changing needs of consumers. Sustainability is integral to our business and we are going Way Beyond Good to create a net positive food packaging system.
Founded in 1853, SIG is headquartered in Neuhausen, Switzerland. The skills and experience of our approximately 5,500 employees worldwide enable us to respond quickly and effectively to the needs of our customers in over 60 countries. In 2020, SIG produced 38 billion carton packs and generated €1.8 billion in revenue. SIG has an AA ESG rating by MSCI, an 18.8 (low risk) score by Sustainalytics and a Platinum CSR rating by EcoVadis.