Press Release26-02-2024

Petainer Surpasses Industry Average with Improved CDP Score

Carbon Disclosure Platform (CDP) 2023 Logo

Petainer are delighted to announce an improvement in their Carbon Disclosure Platform (CDP) Score from a B- to a B in its third disclosure to the CDP. This score places them above the plastics manufacturing average of C and at the European average of B. The Carbon Disclosure Platform is a global non-profit organisation that runs the world’s leading environmental disclosure platform. 

In its submission, measured from a 2018 baseline, Petainer details the progress made to key sustainability targets. Measured against our intensity metric, an impressive reduction of 39 % (in tonnes of CO 2 per tonne of resin purchased) was made.) A large contribution in carbon reduction is in the substitution of virgin PET for recycled PET. The increase in rPET usage reduces the need for virgin PET manufacture and uses ‘waste’ material for new products which is sensible for sustainable products. Coupled with incoming EU legislation and brands own commitments to carbon reduction, recycled content will become ever more important. 

The greatest impact on the target is the transition to renewable energy (Scope 2). At our two major manufacturing sites, which account for 98 % of the energy purchased across the group, Petainer has used renewable power since 2019. Furthermore, operations at our Lidköping site are Climate Partner Certified which is conferred by fulfilling the following: calculating carbon footprints, setting reduction goals, implementing reduction measures, financing climate projects, and maintaining transparent communication. 

As part of strict internal measures targets are being assessed every quarter to ensure Petainer is on track and any course correction can be taken. 

We continue to support businesses to grow, without growing their carbon footprint. A key pillar of this is sustainable manufacture, which is why we commit to science-based targets and transparency in our processes. Improving from our score of a B- last year is recognition of the work we continue to undertake to reduce our impact. The plastic product manufacturing sector averages at a C score, and we are committed to lead the sector in terms of sustainable practices. We work closely with our customers and understand that their own carbon reduction strategies rely heavily on emissions out of their direct control, Scope 3. The work we can do to make our production more sustainable has an impact down the value chain, making it a simpler process for our customers to work to their own carbon reduction strategies.

Michael Joyes, Sustainability Director

 

Climate change poses a present and future risk to companies and their supply chains. Only by measuring environmental risks and opportunities can companies manage them now, prepare for the future and remain competitive – especially as large mainstream investors and policymakers increasingly push for greater transparency through disclosure. By disclosing their environmental impact through CDP, Petainer has taken an important first step. I look forward to their continued dedication to transparency and effort in securing a sustainable 1.5-degree future.

Sonya Bhonsle, Global Head of Value Chains at CDP