Siegwerk, a prominent global provider of printing inks and coatings for packaging applications and labels, has achieved a notable milestone by securing a CDP Scoring B for its efforts in minimizing its impact on climate change. This recognition comes from the prestigious Carbon Disclosure Project (CDP), an internationally acclaimed platform for climate and environmental disclosure and scoring.
In its inaugural year of voluntary participation in the CDP disclosure process, Siegwerk has demonstrated its commitment to transparency and sustainability. The CDP scoring, which ranges from A to D, with A representing the highest level of transparency and performance, highlights Siegwerk’s dedication to addressing climate change and increasing industry transparency.
Of the 17 evaluated categories, Siegwerk received particularly high scores, both absolute and relative to its peers, in key areas such as Emission Reduction Initiatives and Low Carbon Products, as well as Risk and Opportunity Management. Notably, Siegwerk’s risk and opportunity management score reflects its proactive approach to addressing climate transition risks and integrating climate considerations into its business models.
The recognition underscores Siegwerk’s extensive efforts in reducing emissions and promoting circular and low climate-impact products. It validates the company’s strategic decision to prioritize climate change and sustainability in its business operations and growth strategy.
The CDP score serves as encouragement for Siegwerk to continue its pursuit of ambitious targets outlined in its Sustainability Management Program, HorizonNOW, for 2025. These targets include achieving carbon neutrality for Scope 1 and 2 emissions and ensuring that 75 per cent of sales come from products and services enabling circular packaging. HorizonNOW aligns with the Science Based Target Initiative (SBTi) and the United Nations Sustainable Development Goals (UN SDG), reaffirming Siegwerk’s commitment to global sustainability objectives.
