Climate Change Data

Pactiv Evergreen Inc.

Climate Impact & Sustainability Data (2021-2022)

Reporting Period: 2021-2022

Environmental Metrics

Total Carbon Emissions:9,797,974 tCO2e/year (2022)
Scope 1 Emissions:1,133,782 tCO2e/year (2022)
Scope 2 Emissions:954,130 tCO2e/year (2022)
Scope 3 Emissions:7,710,063 tCO2e/year (2022)
Renewable Energy Share:46% (2022)
Total Energy Consumption:15,792,065 MWh/year (2022)
Water Consumption:86,366 megaliters (2022)
Waste Generated:150,989 tons/year (2022)
Carbon Intensity:1.3 mtCO2e/mt converted product (2022)

ESG Focus Areas

  • Planet
  • Products
  • People
  • Governance

Environmental Achievements

  • Reduced Scope 1 and 2 greenhouse gas emissions by 21% from 2015 to 2022
  • 100% of applicable facilities signed Operation Clean Sweep pledge
  • 100% of applicable facilities chain of custody certified
  • Achieved 66% of the goal to have 100% of net revenues from products made from recyclable, recycled or renewable materials by 2030
  • Launched 40+ new certified compostable products in 2022
  • Converted over 200 propane lift trucks to electric lift trucks
  • Implemented a zero waste initiative at Lake Forest, Illinois, headquarters, diverting more than 44,000 pounds of recyclable material and 8,700 pounds of compostable material from landfill in 2022
  • Achieved 88% recycling or composting of municipal solid waste, production scrap, and obsolete materials in 2022

Social Achievements

  • Revamped paid time off policy
  • Launched tuition assistance program and several career development initiatives
  • Held first Give Back Month of Action, donating just under 100,000 pounds of food and thousands of employee volunteer hours
  • Launched inaugural Employee Engagement Survey
  • Launched new Leadership Development programs (Leading the Pack, Developing the Pack, Inspiring the Pack)
  • Started Tier 1 and Tier 2 supplier audits through Sedex

Governance Achievements

  • Published climate-related risks and opportunities in TCFD report
  • Aligned activities to UN Sustainable Development Goals
  • Launched a new eLearning platform for ethics and compliance training
  • Reinforced data security and privacy protocols

Climate Goals & Targets

Long-term Goals:
  • Net zero greenhouse gas emissions by 2050
Medium-term Goals:
  • 100% of net revenues from products made from recycled, recyclable or renewable materials by 2030
Short-term Goals:
  • By 2025, 100% of procured virgin fiber meets SFI Fiber Sourcing standard
  • By 2025, 100% of procured virgin fiber meets FSC Controlled Wood standard

Environmental Challenges

  • Supply chain disruptions
  • Closure of two facilities and exploration of strategic options for two additional facilities
  • Restructuring of legacy business units
Mitigation Strategies
  • Acquisition of Fabri-Kal
  • Divestiture of noncore businesses outside of North America
  • Implementation of Pactiv Evergreen Production System (PEPS)

Supply Chain Management

Supplier Audits: Started Tier 1 and Tier 2 supplier audits through Sedex in 2022, covering over $400 million of annual spend.

Responsible Procurement
  • Supplier Code of Conduct

Climate-Related Risks & Opportunities

Physical Risks
  • Increased frequency and intensity of acute and chronic physical risks, such as storms and temperature increases
Transition Risks
  • Reputational, legal and regulatory transitional risks

Reporting Standards

Frameworks Used: GRI, SASB, TCFD, UNGC

Certifications: FSC, SFI, PEFC, ISCC PLUS, Safe Quality Food, British Retail Consortium, Food Safety System Certification 22000

Third-party Assurance: PricewaterhouseCoopers LLP

Sustainable Products & Innovation

  • PFAS-free molded fiber tableware and hinged lid containers
  • EarthChoice® tamper evident hinged lid containers
  • EarthChoice® RPET trays
  • Clear PP hinged lid containers
  • Tamper evident OneBox®
  • PlantCarton® packaging
  • Greenware® and Recycleware® products