Reynolds Consumer Products Inc.
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Sustainable Product Offerings
- Sustainable Packaging
- Post-Consumer Waste
- Safety
- Diversity, Equity & Inclusion
- Pay Equity
- Community Collaboration
- Greenhouse Gas Emissions
- Waste to Landfill
- Recycling Education
Environmental Achievements
- Achieved another best-in-class incident rate, with a total recordable incident rate of 0.79 (12% improvement over 2022)
- 88% of US product lines offer at least one sustainable product offering
- 99% of US consumer branded products have recyclable or reusable packaging
- 100% of US consumer branded products have recycling instructions on the product label or company website
- Science-based targets approved by SBTi to reduce greenhouse gas emissions by 25% by 2030 (Scope 1 & 2 and Scope 3 from purchased goods and services)
- Diverted over 2,500 tons of hard-to-recycle plastics from landfills through the Hefty ReNew™ program since 2016
- Launched RCP Recycles—Zero Waste Program at headquarters
Social Achievements
- Continued year-over-year improvements in gender and ethnicity representation in the workforce
- Achieved gender and racial pay equity
- Introduced new benefits including cancer care advocacy services, a virtual weight loss program, Medicare advisory service, and financial management/personal advisory services
- Filled 165 successor roles internally
- Partnered with Feeding America®, donating 1.5 million meals during Hunger Action Month
- Supported an innovative startup, The New Norm (TNN), with a $125,000 grant and scrap materials
Governance Achievements
- Adopted corporate governance guidelines
- Four of eight directors are women
Climate Goals & Targets
Medium-term Goals:
- Reduce absolute scope 1 and 2 GHG emissions 25% by 2030 from a 2021 base year
- Reduce absolute scope 3 GHG emissions from purchased goods and services 25% by 2030
Short-term Goals:
- Offer sustainable options in each product line by 2025
- Use recyclable or reusable packaging for all branded products and make available for private label products by 2025
- Achieve zero waste to landfill for manufacturing and logistics by 2025
Environmental Challenges
- Challenging economic environment
- Increased commodity costs
Mitigation Strategies
- Improved operational excellence programs to increase productivity and achieve Reyvolution cost savings
- Strategy of offering both brands and store brands
- Data-driven insights for retail partners
- Focus on growing the total category
Supply Chain Management
Responsible Procurement
- Code of Conduct
- Supplier sustainability requirements
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: Science Based Targets initiative (SBTi)
Certifications: BPI-certified compostable tableware (Hefty ECOSAVE™)
Sustainable Products & Innovation
- Presto® Bio-Based sandwich bags
- Hefty® Ultra Strong™ tall kitchen bags made with 50% recovered materials
- Reynolds Kitchens® Stay Flat Dispensing Parchment
- Hefty® Ultra Strong™ trash bags with Fabuloso® scents
- Hefty® ECOSAVE™ tableware
Awards & Recognition
- Hefty® Ultra Strong™ Fabuloso® scented tall kitchen trash bags recognized as one of the New Product Pacesetters™ of 2022 (#3 ranking)