ZURICH, Switzerland,
Nov. 17, 2020 /PRNewswire/ -- In
2020, Amcor – a leading packaging company - received a rating of AA
(on a scale of AAACCC) in the MSCI ESG Ratings assessment. This
rating is the highest in the packaging industry and is the second
highest rating available. 2020 is the 4th year in a row
that Amcor has achieved an AA rating - MSCI describes AA rated
companies as 'a company leading its industry in managing the most
significant ESG risks and opportunities'.
This rating is announced following the release of Amcor's
Sustainability Report and Sustainability Review – both of which
outline progress towards the company's 2025 commitment to make all
of its packaging recyclable or reusable and which track progress
against a range of other metrics including use of recycled content
and CO2 reductions. Amcor's AA rating is supported by the company's
investment in research and development to enable innovations in
designed-to-be-recycled packaging and by its efforts to reduce
environmental impact throughout the business. This rating
recognizes the ongoing integration of sustainability into Amcor's
business and is a tribute to Amcor's ongoing success in managing
its ESG risks and opportunities.
David Clark, Vice President for
Sustainability at Amcor said: "We are proud and pleased that
Amcor's industry leading efforts on sustainability have been
recognized by MSCI. Our AA rating reflects the integration of
sustainability into Amcor's business – from our innovation
priorities to our supply chain to our management of our factories
and plants. Investors can be confident that Amcor are managing our
ESG risks and opportunities, and we are pioneering progress in the
packaging sector."
Amcor reports on its sustainability metrics in accordance with
the Global Reporting Initiative (GRI) Standards: Core option and
Sustainability Accounting Standards Board (SASB) Containers &
Packaging Sustainability Accounting Standard version 2018-10. This
is the ninth year that Amcor has reported in accordance with GRI
and the first year it has reported using the SASB Standards. Learn
more about Amcor's sustainability activities
at www.amcor.com/sustainability
About Amcor
Amcor is a global leader in developing and producing responsible
packaging for food, beverage, pharmaceutical, medical, home and
personal-care, and other products. Amcor works with leading
companies around the world to protect their products and the people
who rely on them, differentiate brands, and improve supply chains
through a range of flexible and rigid packaging, specialty cartons,
closures, and services. The company is focused on making packaging
that uses less materials, is increasingly recyclable and reusable,
and is made with more recycled content. Around 47,000 Amcor people
generate $12.5 billion in annual
sales from operations that span about 230 locations in 40-plus
countries. NYSE: AMCR; ASX: AMC
www.amcor.com I LinkedIn I
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SOURCE Amcor