Tetra Pak’s target to reach net-zero greenhouse gas emissions (GHG) across the value chain by 2050 has been approved by Science Based Target initiative (SBTi)*. We committed to set such a target in October 2021 under the Business Ambition for 1.5°C. For us, this means a 46% reduction of absolute scope 1, 2 and 3 GHG emissions by 2030, and a 90% reduction across the same set of scopes by 2050.
In addition, Tetra Pak commits to reach net-zero greenhouse gas (GHG) emissions in its own operations (scopes 1, 2 and business travel) by 2030. To achieve that, we are targeting 100% renewable electricity in our operations by 2030 in line with RE100 commitment, phasing out the use of fossil fuels in our onsite vehicles and offsite global car fleet, and halving travel related emissions by 2030 compared to 2019 by reducing the number of trips and increasing the use of alternatives to air travel for short haul.
As part of the commitment, and to balance residual emissions, we invested in an industry-first nature-based land restoration programme in Brazil: The Araucaria Conservation Programme. The programme is set to restore up to 7,000 hectares of degraded land in the Atlantic Forest and it includes the certification of up to 13.7 million hectares under international voluntary carbon and biodiversity standards** for carbon sequestration measurement.
*Our trajectory towards net-zero emission across our own operations by 2030, and across our value chain by 2050, builds on a combination of reduction and mitigation of emissions in our own operations as well as and our customers’ use of our products, our material suppliers' emissions, and compensation of residual emissions initially via our land restoration project.
**Certification of the project to the Verra VCS and CCB standards.