Nip Impressions logo
Sun, Jan 23, 2022 04:32
Visitor
Home
Click here for Pulp & Paper Radio International
Subscription Central
Must reads for pulp and paper industry professionals
Search
My Profile
Login
Logout
Management Side
Mondi sets ambitious science-based plans to transition to Net-Zero by 2050

VIENNA (News release) -- Global packaging and paper leader Mondi has accelerated plans to take action on climate by committing to transition to Net-Zero by 2050. This next step builds on almost two decades of progress, including a 45% reduction in specific greenhouse gas (GHG) emissions against a 2004 baseline and science-based targets approved by the Science Based Targets initiative (SBTi) in 2019.

The climate crisis is the most urgent risk facing society and businesses must take decisive action to mitigate their impact. Mondi has a long track record of investing in our operations to reduce our GHG emissions and the Board's approval of our new Net-Zero plan reinforces our commitment to contributing to a better world. The adoption of science-based targets in line with 1.5°C is an important milestone in our journey to Net-Zero. However taking action today is an absolute imperative and we already have a clear roadmap to achieve our 2025 milestones.

Andrew King, Mondi's Group CEO

Mondi's Net-Zero plan, which was developed to align with SBTi's new Net-Zero Standard, commits to reducing GHG emissions across Scopes 1, 2 and 3 in line with a 1.5°C scenario. Mondi submitted its Net-Zero commitment to the SBTi in December 2021 and has signed up to the UN Business Ambition for 1.5oC, the world's largest and fastest-growing group of companies committed to taking urgent climate action aligned with 1.5°C.

Gladys Naylor, Mondi's Group Head of Sustainable Development said: "Our current emissions reduction targets were approved by the SBTi in 2019 and we have now increased our ambition in line with climate science and the SBTi's new Net-Zero Standard. While we work with SBTi to validate our new targets, we're taking action - doing the long-term planning to achieve our commitments and working every day to ensure that we are on track to meet our milestones in line with our MAP2030 sustainability framework."

Mondi's MAP2030 action plan can be found onwww.mondigroup.comand in this video Andrew King and other senior leaders give further insights on Mondi's approach to sustainability.

Mondi's Sustainable Development Report 2020 can be found here.

Mondi was recently recognised by CDP with a prestigious 'Triple A' scorefor its leadership on climate, water and forests for the second year in a row.

Paperitalo newsletters: Cost zero, value immeasurable. Sign up today.


Printer-friendly format

 





Powered by Bondware
News Publishing Software

The browser you are using is outdated!

You may not be getting all you can out of your browsing experience
and may be open to security risks!

Consider upgrading to the latest version of your browser or choose on below: