Climate Change Data

Environmental Metrics

ESG Focus Areas

• Responsible Packaging
• Climate Change
• Waste Management
• Recycling
• Circular Economy
• Health and Safety
• Responsible Procurement
• Human Rights
• Diversity & Inclusion
• Employee Engagement
• Ethical Business Practices

Environmental Achievements

• Reduced GHG emissions intensity by 1.5% from FY19 to FY20
• Reduced waste-to-disposal by 10% from FY19 to FY20
• Achieved 100% compliance with Water Management Plans across all sites
• Increased purchase of post-consumer recycled (PCR) resin by 37% to over 83,917 tonnes
• 118 Amcor sites held Zero Waste-to-Disposal certification

Social Achievements

• Launched consumer research project on sustainability in European markets
• Continued participation in the International Coastal Cleanup, with over 4,000 participants collecting approximately 27,000 kg of trash
• Updated Code of Business Conduct and Ethics, reviewed and signed by all employees
• Zero work-related fatalities in FY20
• LTIFR of 0.88 and RCFR of 2.81

Governance Achievements

• First sustainability report written to Sustainability Accounting Standards Board (SASB) standards
• Achieved an EcoVadis Silver rating, placing us in the top 4% of companies assessed by EcoVadis in the manufacture of plastic products industry
• Maintained material compliance with all environmental laws and regulations across over 40 countries

Climate Goals & Targets

Environmental Challenges

• Lack of widespread recycling options for flexible plastic packaging
• Challenges in collecting enough high-quality, local recyclables to manufacture packaging-grade PCR materials
• Variation in the characteristics of PCR resins impacting performance and creating inconsistencies in color
• Poor waste management systems and infrastructure in some regions

Mitigation Strategies

• Collaboration with CEFLEX to develop recycling infrastructure for flexible packaging in Europe
• Work with MRFF consortium to demonstrate successful collection, separation, and preparation for recycling of flexible plastic packaging
• Investment in R&D to address challenges in using PCR materials in flexible packaging
• Partnerships to improve waste management infrastructure globally
• Ongoing work to increase access to recycling infrastructure for flexible packaging

Supply Chain Management

Supplier Audits: 69 social and ethical audits conducted

Responsible Procurement

• Supplier Code of Conduct
• EcoVadis assessments
• Sustainability-related questions during onboarding

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Development of energy-efficient products

Reporting Standards

Frameworks Used: GRI Standards: Core option, SASB Containers and Packaging Sustainability Accounting Standard version 2018-10

Certifications: ISO 9001, ISO 14001, OHSAS 18001, HACCP, ETI, FSC, ASI, BRC, ISO 22000

Third-party Assurance: Ernst & Young (EY)

UN Sustainable Development Goals

• Goal 2: Zero Hunger
• Goal 3: Good Health and Well-being
• Goal 9: Industry, Innovation and Infrastructure
• Goal 12: Responsible Consumption and Production
• Goal 13: Climate Action
• Goal 14: Life Below Water

Amcor's packaging protects food, medical supplies, and other essential products; the company invests in R&D for sustainable packaging, collaborates on waste management infrastructure, and works to reduce its environmental footprint and marine pollution.

Sustainable Products & Innovation

• World’s first recyclable retort packaging
• AmPrima™ Recycle Ready Solutions
• PCR pouches and bottles

Awards & Recognition

• Alufoil Trophy for coffee capsule using ASI-certified aluminum

Environmental Metrics

ESG Focus Areas

• Product sustainability
• Sourcing activities
• Operational footprint
• Safety practices
• Talent development
• Ethics and integrity

Environmental Achievements

• Reduced energy use by 2% vs FY19
• Increased renewable energy use by 57% from FY20
• Recycled 76% of waste in FY21
• Reduced waste to disposal by 14% vs FY19
• Increased use of recycled resins by 86% since FY19
• 74% of total packaging portfolio by weight was designed to be recycled
• 76% of flexible plastic packaging portfolio has a recycle-ready option

Social Achievements

• Launched a partnership with Michigan State University's School of Packaging to support the next generation of responsible packaging talent
• Initiated unconscious bias training for leadership team in Asia
• Donated one million ULTRA and BOP sterilization pouches to hospitals in Bulgaria, Romania, and Ukraine
• Teamed up with Nestlé and other companies to produce and donate more than 15 metric tons of CERELAC® and NESTUM® in Portugal

Governance Achievements

• Updated Code of Business Conduct and Ethics in January 2020
• Rolled out a global compliance training initiative to 6,500 co-workers in May 2021
• Conducted 36 social and ethical audits

Climate Goals & Targets

Environmental Challenges

• Supply chain disruptions due to COVID-19 pandemic and natural disasters
• Lack of widespread recycling options for flexible plastic packaging
• Growing stakeholder focus on climate change and GHG emission reduction
• Limited availability of water in some regions

Mitigation Strategies

• Strong relationships with supplier partners
• Focus on increasing access to recycling infrastructure for flexible packaging
• Implementation of site-level projects to reduce energy consumption
• Increased sourcing of renewable energy
• Engagement with suppliers to reduce Scope 3 emissions
• Development of water management plans (WMPs) for all sites

Supply Chain Management

Supplier Audits: 36 social and ethical audits/year

Responsible Procurement

• Supplier Code of Conduct
• EcoVadis assessments
• Engagement on GHG emissions

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events, floods, droughts, severe storms

Transition Risks

• Regulatory changes, market shifts related to low-carbon economy

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: GRI Standards: Core option, SASB Containers and Packaging Sustainability Accounting Standard version 2018.10

Certifications: ISO 9001, ISO 14001, ISO 45001, OHSAS 18001, HAACP, BRC, ETI, FSC, ASI, ISCC

Third-party Assurance: ERM CVS

UN Sustainable Development Goals

• Goal 2 - Zero Hunger
• Goal 3 - Good Health and Well-being
• Goal 9 - Industry, Innovation and Infrastructure
• Goal 12 - Responsible Consumption and Production
• Goal 13 - Climate Action
• Goal 14 - Life Below Water

Amcor's packaging protects food, medical supplies, and other essential products; investments in R&D and partnerships to improve recycling infrastructure; use of recycled and bio-based materials; GHG emission reduction efforts; initiatives to reduce marine pollution

Sustainable Products & Innovation

• AmLite HeatFlex recyclable retort pouch
• AmPrima film with recycled content
• EcoTite R shrink bag
• AmSky blister system

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Innovation and Design for Sustainability
• Raw Materials
• Climate Change
• GHG Emissions
• Energy Management
• Water Management
• Occupational Health and Safety
• Diversity and Inclusion
• Transparency
• Ethics and Integrity
• Product Safety and Quality
• Responsible Supply Chain
• Post-Consumer Waste
• Talent Attraction and Engagement
• Operational Waste
• Economic Performance
• Corporate Governance
• Biodiversity and Deforestation
• Public Policy and Advocacy
• Human Rights

Environmental Achievements

• Reduced carbon footprint by 2,700 metric tons of CO2e at Amcor Flexibles Bangkok site through energy consumption monitoring and reduction.
• Reduced carbon dioxide emissions in transport by optimizing delivery efficiency at Amcor Flexibles Lodz.
• Decreased landfill volume by 88%, diverting more than 2,700 metric tons from landfill at Amcor Flexibles Specialty Films.
• Reduced water runoff by approximately 630,000 liters annually through a wetland restoration project at Amcor Rigid Packaging Millville Plant.
• Reduced environmental impact by recycling and reusing pallets at Amcor Specialty Cartons Reidsville.

Social Achievements

• Launched a Women’s Mentoring Program in Amcor Flexibles Asia Pacific.
• Rolled out unconscious bias training for leaders across all Business Groups and Corporate Functions.
• Conducted “Stand by Me” training in Amcor Flexibles Latin America Business Group.
• Helped relocate more than 20 Ukrainian colleagues and their families due to the conflict in Ukraine.

Governance Achievements

• Completed 96 whistleblower investigations.
• Rolled out inclusive hiring training to all HR Directors and Talent Acquisition Managers.

Climate Goals & Targets

Environmental Challenges

• Supply chain disruptions due to various factors (COVID-19 pandemic, natural disasters, social unrest, geopolitical upheaval).
• Technical challenges associated with increasing the use of recycled content.
• Lack of widespread recycling infrastructure for flexible plastic packaging.
• High cost of biobased resins compared to conventional resins.
• Balancing water and energy use in cooling systems in water-stressed regions.

Mitigation Strategies

• Building up raw material inventory and safety stock.
• Partnering with Minderoo Foundation to develop plastic recycling plants.
• Increasing the use of chemically recycled materials.
• Collaborating with customers to understand their goals and needs related to recycled content.
• Developing water management plans (WMPs) for all sites.

Supply Chain Management

Supplier Audits: 77% of critical and strategic suppliers assessed by EcoVadis in FY22; 54 social and ethical site audits conducted.

Responsible Procurement

• Supplier Code of Conduct (SCoC) compliance (100% of strategic and critical suppliers); EcoVadis assessments; supplier onboarding questionnaire; Modern Slavery Statement; Conflict Minerals Disclosure; collaboration with AIM-PROGRESS.

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: GRI Standards: Core option, SASB Containers and Packaging Sustainability Accounting Standard version 2018.10, TCFD

Certifications: ISO 9001, ISO 14001, ISO 45001, ISCC PLUS

Third-party Assurance: Intertek

UN Sustainable Development Goals

• Goal 2 - Zero Hunger
• Goal 3 - Good Health and Well-being
• Goal 9 - Industry, Innovation, and Infrastructure
• Goal 12 - Responsible Consumption and Production
• Goal 13 - Climate Action
• Goal 14 - Life Below Water

Amcor's packaging protects food and medical products; innovation in sustainable packaging; global and regional partnerships to improve waste management; responsible sourcing and production practices; GHG emission reduction goals; reducing marine pollution.

Sustainable Products & Innovation

• AmPrima™ films
• AmSky™ Blister System
• AmFiber™ platform

Awards & Recognition

• Gold Award – Dow Innovation: AmLite® HeatFlex Recyclable Packaging
• Gold Award – Flexible Packaging Association: AmPrima™ Recycle-Ready Pouch
• Gold Award – EcoVadis
• 2022 Sustainability Leader – Australian Financial Review
• Silver Award – Technical Innovation, Flexible Packaging Association: Clear Anti-Grease Jerky Pouch
• Silver Award – 2022 Australasian Packaging Innovation and Design Awards: PrimeSeal™ Eco-Tite® Recycle- Ready Shrink Bag
• Silver Award – Sustainability, Flexible Packaging Association: AmPrima™ Recyclable PE Shrink Film

Environmental Metrics

ESG Focus Areas

• Circularity
• Environment
• People
• Governance

Environmental Achievements

• 9% reduction in absolute GHG emissions compared to FY23
• 14% renewable electricity use (64% increase from FY23)
• 9.4% of plastic purchased from PCR sources
• 74% of packaging production by weight met widely accepted industry recyclability standards ($8.1 billion in revenue)

Social Achievements

• Achieved a record year in safety, with 90% of sites injury free for 12 months or more
• 12% reduction in recordable injuries compared to FY23
• Delivered diversity, equity and inclusion training to over 5,000 production colleagues
• Partnered with the Bottles of Love Foundation in Colombia to turn 5,000 metric tons of flexible plastic waste into a classroom for local students

Governance Achievements

• Near-term and net-zero science-based targets were validated by the Science Based Targets initiative
• Developed and published a Decarbonization Roadmap
• Launched AmFiniti™ portfolio of recycled content packaging

Climate Goals & Targets

Environmental Challenges

• Lack of widespread collection and recycling infrastructure for flexible packaging
• Supply chain disruptions due to extreme weather events
• High cost of bio-based resins compared to conventional resins
• Variations in waste management infrastructure across regions

Mitigation Strategies

• Collaborations with organizations focused on solving on-the-ground challenges related to setting up effective, scalable recycling systems
• Development of redundancies in supplier network
• Collaboration with customers to find the most effective packaging solution, free from unintended environmental consequences
• Development of waste management plans based on the most appropriate available solutions for each location

Supply Chain Management

Supplier Audits: 33 full and follow-up SMETA audits in FY24

Responsible Procurement

• Supplier Code of Conduct
• EcoVadis assessments
• Supplier onboarding questionnaire
• Modern slavery training for procurement team members

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events (heat waves, floods, storms)
• Water supply disruptions
• Damage to facilities

Transition Risks

• Regulatory changes
• Market shifts
• Increased compliance costs
• Increased capital costs

Opportunities

• Increased demand for lower-emission products
• Improved competitive position

Reporting Standards

Frameworks Used: GRI, SASB, TCFD

Certifications: ISO 14001, ISO 45001, FSC Chain-of-Custody

Third-party Assurance: Intertek

UN Sustainable Development Goals

• Goal 2 (Zero Hunger)
• Goal 3 (Good Health and Well-being)
• Goal 9 (Industry, Innovation and Infrastructure)
• Goal 12 (Responsible Consumption and Production)
• Goal 13 (Climate Action)
• Goal 14 (Life Below Water)
• Goal 15 (Life on Land)

Amcor's initiatives contribute to these goals through food preservation, safe product delivery, innovation in sustainable packaging, responsible resource management, GHG emission reduction, pollution reduction, and sustainable sourcing.

Sustainable Products & Innovation

• AmFiniti™ recycled content packaging
• AmFiber™ paper-based packaging
• AmPrima™ recycle-ready solutions
• AmLite™, AmSky™

Awards & Recognition

• Gold for Sustainability for McCoy™ Dunnage Free IBC Liners at 2024 Flexible Packaging Association Awards
• Flexible Plastic Pack of the Year at the UK Packaging Awards 2023

Environmental Metrics

ESG Focus Areas

• Circularity
• Environment
• People
• Governance

Environmental Achievements

• 9% reduction in absolute GHG emissions compared to FY23
• 14% renewable electricity use (64% increase from FY23)
• 9.4% of plastic purchased from PCR sources (209,000 metric tons)
• 74% of packaging production by weight met widely accepted industry recyclability standards ($8.1 billion in revenue)

Social Achievements

• Achieved a record year in safety, with 90% of sites injury free for 12 months or more
• 12% reduction in total recordable injury rate (TRIR) compared to FY23
• Delivered diversity, equity and inclusion training to over 5,000 production colleagues
• Over 1,600 volunteers joined 39 community clean-up events, collecting more than 16 metric tons of waste

Governance Achievements

• Near-term and net-zero science-based targets were validated by the Science Based Targets initiative
• Developed and published a Decarbonization Roadmap
• Received an EcoVadis Gold rating (95th percentile)

Climate Goals & Targets

Environmental Challenges

• Lack of widespread collection and recycling infrastructure for flexible packaging
• Supply chain disruptions due to extreme weather events
• Challenges with local recycling providers resulting in more waste sent to landfill

Mitigation Strategies

• Collaborations with organizations focused on solving on-the-ground challenges related to setting up effective, scalable recycling systems
• Development of redundancies in supplier network
• Implementation of Global EHS Standard for Emergency Preparation and Response at all sites
• Development of the Scrap App for centralized waste data collection

Supply Chain Management

Supplier Audits: 33 full and follow-up SMETA audits in FY24

Responsible Procurement

• Supplier Code of Conduct
• EcoVadis assessments
• Supplier onboarding questionnaire
• Modern slavery training for procurement team members

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events (heat waves, floods, storms)
• Drought
• Damage to facilities

Transition Risks

• Regulatory changes
• Market shifts
• Changes in energy costs
• Increased compliance costs

Opportunities

• Increased demand for lower-emission products
• Improved competitive position

Reporting Standards

Frameworks Used: GRI Standards, SASB Containers and Packaging Standard, TCFD framework

Certifications: ISO 14001, ISO 45001, FSC Chain-of-Custody

Third-party Assurance: Intertek

UN Sustainable Development Goals

• Goal 2 (Zero Hunger)
• Goal 3 (Good Health and Well-being)
• Goal 9 (Industry, Innovation and Infrastructure)
• Goal 12 (Responsible Consumption and Production)
• Goal 13 (Climate Action)
• Goal 14 (Life Below Water)
• Goal 15 (Life on Land)

Amcor's initiatives contribute to these goals through various actions related to food preservation, healthcare product protection, sustainable innovation, resource efficiency, GHG emission reduction, waste management, and biodiversity protection.

Sustainable Products & Innovation

• AmFiniti™ recycled content packaging
• AmPrima™ recycle-ready solutions
• AmFiber™ paper-based packaging
• AmLite™, AmSky™ brands
• EcoGuard™ branded packaging solutions
• STELVIN® screw caps with recycled aluminum
• ESSENTIELLE plastic-free foil

Awards & Recognition

• Gold for Sustainability for McCoy™ Dunnage Free IBC Liners at 2024 Flexible Packaging Association Awards
• Flexible Plastic Pack of the Year at the UK Packaging Awards 2023