Science-based targets for climate protection confirmed

In 2022, Greiner caused emissions of 2.8 million tons of CO₂ worldwide. This corresponds to the annual emissions of 339,087 Europeans. Greiner Packaging was responsible for 1.1 million tons of this amount. Following, the impact that the company can make in terms of contributing to limiting global warming is large. Greiner and its divisions have now taken a major step in this direction by having their Science Based Targets confirmed. The Science Based Targets initiative is a global initiative that has committed itself to developing methods and criteria for effective climate protection in companies and validating their set reduction targets on a scientific basis. The prerequisite for being validated as an SBTi target is that it significantly contributes to the fulfillment of the Paris Climate Agreement and thus to limiting global warming. Together with Greiner, companies that meet these high requirements take on an absolute pioneering role and underscore their ambitions for climate protection. 

The Greiner goals: 

• Greiner AG commits to reduce absolute scope 1 and 2 GHG emissions 60% by 2030 from a 2021 base year. 

• Greiner AG also commits to reduce absolute scope 3 GHG emissions from fuel and energy related activities, upstream transportation and distribution, downstream transportation and distribution, and end-of-life treatment of sold products 25% within the same time frame. 

• Greiner AG further commits that 80% of its suppliers by emissions covering purchased goods and services, will have science-based targets by 2027. 

Greiner wants to achieve these goals through a wide variety of measures. One lever is to further increase the use of renewable electricity. In 2022, Austrian Greiner facilities already sourced 100 of its electricity from renewable sources; worldwide this figure was 58 percent. Four percent of Austria's electricity also came from a total of eight PV plants of its own. The global share of self-generated renewable electricity was 0.19 percent in 2022 and is expected to rise to 2.5 percent by 2030. In addition to a focus on renewable electricity, Greiner Packaging aims to considerably reduce emissions in the materials used for packaging production. On the one hand, the recycling share in packaging is to be increased even further in the future. At the same time, the company will make sure to continuously improve the recyclability of its packaging. In addition, Greiner Packaging wants to contribute to the fact that more and more companies are committing to scientifically based climate targets through intensive exchange with its suppliers.