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Diamond Packaging announces multi-year commitment to purchase carbon offsets through Climate Action Reserve to reduce its carbon footprint

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Diamond Packaging announces multi-year commitment to purchase carbon offsets through Climate Action Reserve to reduce its carbon footprint

June 29, 2021 - 11:49

ROCHESTER, NY , June 29, 2021 (Press Release) -Diamond Packaging today announced a multi-year commitment to purchase carbon offsets through Climate Action Reserve (CAR) to reduce its carbon footprint. Diamond’s support of high-quality carbon offset projects will help foster reductions in greenhouse gas (GHG) pollution, support activities that reduce local air pollution, spur growth in new green technologies, and allow emission reduction goals to be met at lower cost.

With the purchase, Diamond is taking a significant step on the path to carbon neutral by offsetting its Scope 1 emissions. Its Scope 2 emissions are already offset through its long-term commitment to wind energy.

Scope 1 emissions are “direct emissions” from sources that are controlled or owned by an organization (e.g., emissions associated with fuel combustion in boilers, furnaces, and vehicles). Scope 2 emissions are “indirect” emissions associated with the purchase of electricity, steam, heat, or cooling. They are two of three scopes in determining an organization’s total greenhouse gas inventory.

Diamond’s continued commitment to reduce carbon emissions and mitigate the business risks of climate change is addressed with science-based targets when measuring its Scope 1 and Scope 2 emissions. The company has established both absolute and intensity targets against a baseline, and these are being achieved through operational factors, including more efficient production, sophisticated HVAC controls, and energy saving methods.

As a result of this initiative, Diamond facilities are now carbon neutral (covering Scope 1 and Scope 2 emissions), with ongoing progress towards evaluating Scope 3 emissions, which include “indirect emissions” both upstream and downstream of the organization’s activities.

Diamond's carbon offset purchase is a natural evolution of its industry-leading greenbox sustainability initiative to research, design, and implement packaging solutions that are innovative and more sustainable.

The core of the initiative – designs, materials, and methods – represents a comprehensive approach to packaging that minimizes environmental impact throughout the supply chain. Through creative design, careful material selection, and best practices at the plant level, Diamond is able to minimize waste, reduce shipping costs, and increase efficiencies – all of which support a sustainable use of resources and cultivate a positive emotional connection to the brand.

Today, Diamond’s packaging is designed utilizing recyclable or recycled paperboards (many FSC-certified), and manufactured using 100% clean, renewable wind energy, in a Zero Waste to Landfill (ZWL) and Carbon Neutral (Scope 1 and Scope 2) facility.

About Diamond Packaging:

Founded in 1911, Diamond Packaging is a WBENC-certified woman-owned business specializing in developing innovative and sustainable packaging solutions. Utilizing state of-the-art technologies, Diamond designs and manufactures folding cartons for the personal care (cosmetics, hair care, skin care, fragrance, oral care, and shaving), health care, pharmaceutical, cannabis, and consumer electronics industries. Its client portfolio includes Bausch + Lomb, Coty, Godiva, Kendo, L’Oréal, Otter Products, Procter & Gamble, Revlon, Shiseido, and many other Fortune 500 companies. Diamond differentiates itself through award-winning creative design, packaging innovation/technical expertise, its greenbox sustainability initiative, and the Global Packaging Alliance (GPA).

About Climate Action Reserve (CAR):

As the premier carbon offset registry for the North American carbon market, the Climate Action Reserve encourages action to reduce greenhouse gas (GHG) emissions by ensuring the environmental integrity and financial benefit of emissions reduction projects. The Reserve establishes high quality standards for carbon offset projects, oversees independent third-party verification bodies, issues carbon credits generated from such projects and tracks the transaction of credits over time in a transparent, publicly-accessible system.