The new recycled content target, which is three times its previous target of 10%, comes as Amcor reflects on a landmark year for its efforts on sustainability. In fiscal year 2022, the company committed to net zero emissions by 2050, more than doubled post-consumer recycled material purchased since 2019 and achieved a Gold rating from EcoVadis for its industry-leading sustainability practices, placing Amcor among the top 5% of all companies assessed.
The Report highlights how Amcor has advanced on its pledge to make all products recyclable, reusable or compostable by 2025, with 74% of total production by weight already designed to be recycled and the number of innovative solutions with more sustainable properties continually growing. In 2022, the company launched a product rebrand that includes its new EcoGuardTM brand that makes it easier for customers to choose from a number of more sustainable solutions, including products that reduce the carbon footprint of packaging, are designed to be recycled and use recycled content or biomaterials.
Progress on Amcor’s EnviroAction program also continues, with a 33% reduction in waste sent to disposal over the past three years and 121 Amcor sites achieving zero waste-to-disposal last year. All sites have water management plans in place, and every site that uses plastic pellets, granules or flakes has implemented Operation Clean Sweep methodology for preventing plastic pellet loss.
Ron Delia, CEO at Amcor, commented: “We’re continuing to show ambition and leadership to deliver better sustainability results for our people, our customers, our investors and the environment. We’re working with every part of the value chain to make this happen.
“I am particularly proud of our colleagues around the world who are dedicated to delivering on our sustainability ambitions. We now have an exciting lineup of innovative packaging products and we keep raising the bar to deliver the very best solutions for our customers’ specific needs.”