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TricorBraun's 2024 Sustainability Report: A Commitment to Ethical Practices

TricorBraun, a global leader in the packaging industry, has unveiled its 2024 Sustainability Report, emphasizing the company's dedication to ethical, responsible, and sustainable practices benefitting employees, customers, communities, and the planet. This report not only highlights TricorBraun's significant achievements in sustainability but also outlines ambitious goals for the future.

Progress and Commitment to Sustainability

Liz Futch, the director of strategy and ESG (Environmental, Social, Governance) programs at TricorBraun, stated, "This year's report showcases how far we've come, not just in pursuing more ambitious sustainability goals, but also in developing complex data required to measure and manage them more precisely, especially concerning greenhouse gas emissions." This commitment is characterized by a focus on ongoing innovation and local community support, ensuring that growth in sustainable practices remains a priority.

The report's key highlights include:

1. Commitment to Renewable Energy: TricorBraun reaffirms its pledge to source 100% of its electricity in North America by purchasing Renewable Energy Certificates (RECs). The company aims to expand this initiative globally, achieving 100% and 56% renewable electricity sourcing in the EU and UK, respectively, thereby surpassing the 50% target set for these regions.

2. Enhanced ESG Governance: The company has aimed to strengthen its ESG governance by launching a new data platform, conducting an independent verification of its emissions, and committing to the Science Based Targets initiative (SBTi).

3. Recognition in ESG Standards: TricorBraun has achieved maximum recognition in ESG efforts, securing the EcoVadis silver medal, placing it in the top 6% of all global applicants.

4. Sustainable Innovations in Packaging: The firm has launched various sustainable packaging innovations across different materials, including paper, plastic, metal, and flexible substrates. Its independent substrate model is rooted in the deep knowledge of the industry.

5. Zero Waste Initiatives: With an aim to promote zero waste, TricorBraun has garnered validation across different facilities and initiated regional diversification programs that have already produced measurable environmental benefits.

6. Commitment to Workforce Development: The company emphasizes investing in workforce training, professional growth, and recognition programs that empower employees and foster a culture of excellence.

A Legacy of Innovation and Responsibility

Founded in 1902, TricorBraun has established itself as a preeminent player in the packaging sector. Leveraging its extensive network, unmatched expertise, and comprehensive coverage, the company addresses complex customer packaging challenges while maintaining a competitive edge in the market. With over 2,000 packaging professionals operating in more than 100 locations across the Americas, Europe, Asia, and Australia, TricorBraun is committed to driving change and innovation in packaging solutions.

In conclusion, TricorBraun's 2024 Sustainability Report illustrates the company's strategic direction toward responsible business practices and positive impacts. As they move forward, TricorBraun aims to set a standard within the industry, proving that sustainability is not just beneficial but essential in today’s world.