In a significant milestone for sustainability initiatives, Colpac’s net-zero targets have been officially validated by the Science Based Targets initiative (SBTi). This validation includes the company’s overall net-zero target date of 2045, demonstrating a commitment to environmental responsibility and climate action in the food and drink packaging industry.
Thorough data collection and emissions calculations, in collaboration with sustainability consultants – Inspired Plc, have contributed to the development of an ambitious yet achievable net-zero programme. The validation of these targets enhances the integrity of Colpac’s actions, indicating a dedication to positive environmental impact.
Colpac has successfully navigated the Small and Medium Enterprise (SME) pathway provided by the SBTi, setting near- and long-term science-based targets. The company’s overall net-zero target date of 2045 and the interim scope 1 and 2 target of 42% reduction by 2030 have been validated, aligning with the Paris Agreement to limit global warming to 1.5ºC.
As part of its commitment and ambition, Colpac has set interim targets for all three scopes, aiming to reduce scope 1 emissions by 2035 and scope 2 emissions by 2030, ultimately progressing towards an overall net-zero target of 2045.
Talia Goldman, ESG Manager at Colpac, expressed the company’s enthusiasm, stating, “We are thrilled to have net-zero targets validated by the Science Based Targets initiative. It really reinforces our commitment to sustainability and gives us, and our customers, even more confidence in our ability to reduce our carbon impact.”
Colpac has already taken significant steps to reduce its environmental impact, focusing on areas such as factory efficiencies, transport optimization, and energy conservation. Furthermore, the company has showcased determination by implementing its net-zero programme and setting multiple targets ahead of mandated requirements for SMEs.
Notably, Colpac is leading the way for UK SMEs by actively encouraging others to adopt similar initiatives. The company’s ESG Manager, Talia Goldman, recently shared insights at Sustainability Live London, highlighting practical approaches for SMEs to achieve sustainability goals alongside Emma Hird from Inspired Plc.
