Climate Change Data

Environmental Metrics

ESG Focus Areas

• Circularity
• Eco-design
• Product lifecycle
• Energy and emission efficiency
• Employment, diversity, and skills development
• Product quality and safety
• Business ethics and compliance with the regulatory environment
• Eco-friendly raw materials
• Careful internal waste management
• Occupational health, safety, and well-being
• Customer satisfaction

Environmental Achievements

• Increased use of PCR trays by 226% (2022 vs 2025)
• 88% of projects in 2021 related to sustainability
• 29% of rigid sheets designed for recycling in 2021
• 103,349 tCO2 eq emissions avoided by using recycled input materials
• 295 TOE overall energy saving
• -81% reduction in dangerous waste (2021 vs 2019)
• Reduced energy consumption of compressed air setpoints by lowering its power, saving 123 tCO2eq

Social Achievements

• 98% of employees on permanent contracts in 2021
• 17% women as a total number of employees in 2021; 19% Managers; 55% Office staff
• 2,985 total hours of training in 2021
• -66% injury rate (2021 vs 2019)
• Implemented remote and flexible working hours
• Introduced welfare vouchers

Governance Achievements

• 0 corruption incidents, socioeconomic fines and environmental fines registered
• Implemented an Organisation Management and Control Model according to Legislative Decree 231/01

Climate Goals & Targets

Environmental Challenges

• Shortage of PET recycled bottles
• Lower collection and sorting rates for PET trays compared to bottles
• Complexity of replacing multilayer packaging with mono-material structures without compromising food safety
• Difficulty in recycling PS
• Increase in non-dangerous waste due to increased production and decreased by-product market
• Lack of renewable material options for many products

Mitigation Strategies

• TRAYREVIVE project focusing on design for recycling and collaboration for recycling
• Development of high barrier mono PET solutions
• Intelligent Downgauging process to reduce plastic usage
• MOPS project to replace PS with PET
• Careful waste sorting policies and transition to water-based printing
• Internal efficiency improvements to reduce scrap production
• Forward buying and hedging in offshore markets to manage raw material prices

Supply Chain Management

Responsible Procurement

• Periodic supplier performance evaluation
• On-site audits for strategic raw material suppliers
• Vetting of suppliers for training and temporary labor

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI

Certifications: ISO 9001:2015, BRCGS, ECOSENSE

Third-party Assurance: PricewaterhouseCoopers Business Services Srl

UN Sustainable Development Goals

• Goal 5
• Goal 8
• Goal 12

AMB's initiatives contribute to gender equality, decent work, and responsible consumption and production.

Sustainable Products & Innovation

• AMB HB mono PET
• AMBAR 38HB mono PET

Environmental Metrics

ESG Focus Areas

• Improving packaging recyclability & circularity
• Developing environmental, sustainable and economic processes
• Taking care of AMB’s people
• Supporting value creation & local communities
• Promoting and ensuring Business Ethics
• Investing in innovation and digitalization

Environmental Achievements

• Used 39% post-consumer recycled (PCR) PET
• Launched TrayRevive project to address PET tray recyclability
• Became the first raw material business in the packaging sector to enter its products in the Environmental Product Declaration (EPD) program
• Started carbon footprint calculation, showing indirect emissions account for almost 94% of total emissions
• 83% of total waste produced was diverted from disposal in 2022
• UK division replaced fluorescent lights with LED lighting
• Recycled 3,847 tonnes of by-products

Social Achievements

• Implemented a new onboarding program that includes sustainability topics
• Developed a new performance management model for professional development
• Achieved 0% quality and food safety accidents
• Improved logistic and delivery performance, reaching 90% OTP (On Time Performance)
• Drafted AMB Supply Chain Code of Conduct
• Zero corruption incidents, or socioeconomic or environmental fines
• Implemented an onboarding mentoring programme to improve employee retention and develop an inclusive work environment
• Introduced AMB Town Hall Board Business Review, a quarterly meeting of all employees and the AMB Board

Governance Achievements

• Established a Sustainability Governance structure including an ESG Committee and ESG Executive Team
• Drafted AMB Supply Chain Code of Conduct aligned with AMB Code of Conduct
• Implemented an Organisation Management and Control Model to reduce corruption risk
• Completed datacentre migration to AWS cloud solution
• Implemented new cybersecurity training for newcomers

Climate Goals & Targets

Environmental Challenges

• Raw material inflation made recycled material more expensive than virgin raw material, limiting recycled PET demand
• Market shortage of rPET due to PPWR and SUP directives setting recycled content targets
• High volatility of the market pushed up the average RPET price
• High GHG Scope 3 emissions (94% of total emissions)

Mitigation Strategies

• Guarantees at least 30% recycled content in standard products
• Relations and contracts with rPET suppliers guarantee future supply
• Started using post-consumer trays as an alternative to post-consumer bottles
• Developing a reduction strategy to reduce carbon footprint emissions

Supply Chain Management

Responsible Procurement

• AMB Supply Chain Code of Conduct
• Use of Prevented Ocean Plastic raw materials

Climate-Related Risks & Opportunities

Transition Risks

• Regulatory changes related to recycled content targets
• Market shifts related to raw material prices

Opportunities

• Development of energy-efficient products
• Increased use of recycled materials

Reporting Standards

Frameworks Used: GRI Sustainability Reporting Standards (2016, updated 2021)

Certifications: ISO 9001:2015, BRCGS

Third-party Assurance: PricewaterhouseCoopers Business Services Srl (limited assurance)

UN Sustainable Development Goals

• SDG 12.5

AMB's commitment to substantially reduce waste generation through prevention, reduction, recycling and reuse

Sustainable Products & Innovation

• AMB PET mono-material high barrier film
• Recyclable black PET film
• Mono PE solutions for trays and flowpack

Awards & Recognition

• CONAI Ecodesign award 2022 for AMB PET mono HB solution