Placon Corporation
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Waste reduction
- Renewable energy
- Circular economy
- Community engagement
- Recycled materials
Environmental Achievements
- Kept over 4 billion PET bottles from landfills
- Purchased 2.5 MW of locally generated solar energy, offsetting 3,752,567 kWh
- Achieved Zero Net Waste certification at Plymouth, MN and Elkhart, IN facilities
- Increased PET bottle and thermoform processing capacity through technology upgrades at EcoStar recycling facility
- Developed OxyStar, a recyclable barrier material
Social Achievements
- Donated $39,943 to United Way and thousands more to other local charities in 2023
- Donated over 3,000 food containers to Ronald McDonald House Charities
- Engaged with local schools to promote recycling education
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Transition all PVC & PS stock food and retail products to PET by 2025
Short-term Goals:
- All Placon facilities eligible for Zero Net Waste certification by end of 2025
- Increase recycling facility throughput by at least 20% by 2025
- Develop and launch 25% post-consumer recycled polypropylene offering by 2024
Environmental Challenges
- Not disclosed
Mitigation Strategies
- Not disclosed
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Use of certified ocean-bound plastic
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Null
Certifications: SCS Global Services certification for 50%, 75%, and 100% post-consumer recycled PET sheet
Third-party Assurance: SCS Global Services
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- EcoStar PCR PET sheet
- OxyStar recyclable barrier material
Awards & Recognition
- Ameristar Award for Crystal Seal® Cravings™ PET deli cup
- WorldStar award for Crystal Seal® Cravings™