Avery Dennison Corporation has joined 200 of the world’s leading sustainable businesses as the newest member of the World Business Council for Sustainable Development (WBCSD), setting ambitious sustainability goals for 2030 and 2050.
Avery Dennison last year introduced Easy Apply digital print films
“We are looking forward to bringing our expertise and scale to bear in tackling the most pressing sustainability issues our industry faces,” said Pascale Wautelet, Avery Dennison’s VP R&D and Sustainability, Label and Graphic Materials. “This partnership with WBCSD reflects our commitment to being both a leader and a trusted partner in the global efforts to reduce carbon emissions.”
Avery Dennison’s 2030 sustainability goals are aligned with the United Nations Sustainable Development Goals (SDGs) and encompass innovations that advance the circular economy, actions to reduce the environmental impact of its operations and supply chains as well as making a positive social impact.
“WBCSD’s Climate Action Imperative is focused on accelerating climate action and tackling Scope 3 transparency and its Partnership for Carbon Transparency (PACT) particularly seeks to address the challenge of Scope 3 GHG emissions accounting by developing the methodological and technical infrastructure required for the exchange of primary product emissions data based on a common approach,” the company said.
“Setting ambitious 2030 sustainability goals, Avery Dennison has committed to reducing absolute scope 1 and 2 GHG emissions by 70% from a 2015 baseline year and reducing absolute scope 3 GHG emissions from purchased goods and services and end-of-life treatment of sold products by 30% from a 2018 base year.
“These targets have been approved by the Science Based Targets initiative (SBTi) as consistent with levels required to meet the goals of the Paris Agreement. The company’s overall ambition is to have net-zero emissions by 2050.”
Dominic Waughray, WBCSD executive VP: “Materials science and process engineering are important innovations to achieve circularity and reduce environmental impact. Together we will work toward a regenerative future and strive for a world where 9+ billion people live well, within planetary boundaries.”
Avery Dennison Corporation (NYSE: AVY) is a global materials science company specializing in the design and manufacture of a wide variety of labelling and functional materials. The company’s products, which are used in nearly every major industry, include pressure-sensitive materials for labels and graphic applications; tapes and other bonding solutions for industrial, medical, and retail applications; tags, labels and embellishments for apparel; and radio frequency identification (RFID) solutions serving retail apparel and other markets. The company employs approximately 36,000 employees in more than 50 countries. Reported sales in 2021 were $8.4 billion.
WBCSD member companies come from all business sectors and all major economies, representing a combined revenue of more than USD $8.5 trillion and 19 million employees. “Our global network of almost 70 national business councils gives our members unparalleled reach across the globe,” the council said. “Since 1995, WBCSD has been uniquely positioned to work with member companies along and across value chains to deliver impactful business solutions to the most challenging sustainability issues.
“Together, we are the leading voice of business for sustainability, united by our vision of a world in which 9+ billion people live well within planetary boundaries by mid-century.”