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European Climate Pact

Overview

Location

Sweden

Sector

Manufacturing

Organisation type
Business

Company Information

Tetra Pak is a privately owned Swedish-Swiss multinational food packaging and processing company with head offices in Lund, Sweden, and Pully, Switzerland. In 2021, the company reported a total of 25,000 employees and net sales for up to 11.14 billion Euro.*

*Source

Our progress towards decarbonization

 

GHG Emissions

North Star

  • TETRA PAK has a target to reduce absolute scopes 1, 2 and 3 CO2e emissions 46% by 2030 from a base year of 2019

Pledge: Have an officially validated short-medium term science-based GHG emissions reduction targets aligned with a 1.5°C scenario (scope 1+2) in line with the SBTi Criteria and Recommendations

MRV: Pact MRV in place

Status date: Submitted (22/07/2022)

Data source: CDP Climate Change 2022

How we want to achieve this – our roadmap

  • Have an internal price on carbon 
  • Have an initiative in place to drive GHG emissions reduction through low-carbon energy generation
  • Have scope 1+2+3 GHG emissions verified through a third party verification or assurance process 

MRV: Pact MRV in place

Status date: Submitted (22/07/2022)

Data source: CDP Climate Change 2022

 

Energy

North Star

  • TETRA PAK has a company-wide target to consume 100% of electricity from renewable sources by 2030 from a baseline of 22.0% renewable electricity consumption in 2015

Pledge: Have a target for 100% renewable electricity consumption by no later than 2050, in line with the RE100 technical criteria 

MRV: Pact MRV in place

Status date: Submitted (22/07/2022)

Data source: CDP Climate Change 2022

 

Forests

Our actions – the Pathway

  • Participate in jurisdictional approaches to promote the implementation of forests-related policies and commitments
  • Support or implement projects focused on ecosystem restoration and protection beyond no deforestation
  • Work with direct suppliers to support and improve their capacity to comply with our forests-related commitments, policies, and other requirements
  • Work with smallholders along the company's value chain to support good agricultural practices and reduce deforestation or conversion of natural ecosystems through financial or technical assistance
  • Publicly disclose data on forest-related impact to investors through a public platform
  • Have a publicly available forest policy, with well-defined goals and targets, that is used to inform internal decision-making
  • Have board-level oversight of forests-related issues
  • Have forests issues be fully integrated in all parts of long-term strategic business plans
  • Make a comprehensive forests-related risk assessment, that checks the following criteria: full coverage of relevant operations, considers risks beyond six years and availability of forest risk commodities, quality of forest risk commodities, impact of activity on the status of ecosystems and habitats, social impacts, and includes local communities; Stakeholders considered is local communities
  • Assess company and suppliers' compliance with forests regulations and/or mandatory standards when sourcing commodities from regions with high deforestation risk 
  • Have a system to control, monitor, and verify compliance with no-deforestation policies/commitments that covers all relevant operations and supply chains and shows more than 90% of total volume in compliance

MRV: Pact MRV in place

Status date: Submitted (22/07/2022)

Data source: CDP Forests 2022

 

Governance & Strategy

Our actions – the Pathway

  • Publicly disclose climate and environmental data to investors and customers through a public platform
  • Have board-level oversight of climate-related issues
  • Have a process for identifying, assessing, and responding to climate-related risks and opportunities
  • Have an employee engagement strategy to support and contribute to achieving the company's climate and environmental goals

​​​​​​​MRV: Pact MRV in place

Status date: Submitted (22/07/2022)

Data source: CDP Climate Change 2022

 

Buildings

Our actions – the Pathway

  • Have an initiative in place to drive GHG emissions reduction through energy efficiency in buildings

MRV: Pact MRV in place

Status date: Submitted (22/07/2022)

Data source: CDP Climate Change 2022

 

Value chain engagement

North Star

  • TETRA PAK has a supplier engagement target to get 26.0% of its suppliers by procurement spend to set a science-based emission reduction target

Pledge: Have a supplier engagement target in order to reduce scope 3 GHG emissions, to get a share of our suppliers by procurement spend set science-based GHG emissions reduction targets in line with the SBTi Criteria and Recommendations

MRV: Pact MRV in place

Status date: Submitted (22/07/2022)

Data source: CDP Climate Change 2022

How we want to achieve this – our roadmap

  • Have a supplier engagement strategy designed to offer financial incentives for suppliers who reduce upstream GHG emissions (Scope 3)
  • Have an ongoing and transparent dialogue with our value chain around climate-related issues

​​​​​​​MRV: Pact MRV in place

Status date: Submitted (22/07/2022)

Data source: CDP Climate Change 2022