TricorBraun Unveils Its 2024 Sustainability Report Highlighting Key Commitments and Innovations

TricorBraun Releases Its 2024 Sustainability Report

TricorBraun, a global leader in packaging solutions, has formally released its 2024 Sustainability Report, shedding light on its ongoing commitment to ethical, responsible, and sustainable practices that benefit employees, clients, communities, and the planet. The report serves as a testament to the company’s relentless pursuit of heightened sustainability objectives and the development of the necessary data to measure and manage these goals with increased precision, particularly regarding greenhouse gas emissions.

Liz Futch, Director of ESG Strategy and Programs at TricorBraun, articulated, "This year's report underscores not only how far we have come in pursuing more ambitious sustainability goals but also highlights our efforts to develop the data required for precise measurement and management. At the same time, our team continues to drive purposeful, sustainable innovations across our organization that support our customers and communities. Our journey is evolving, and we remain steadfast in our commitment to making a positive impact through responsible business practices."

Highlights from the 2024 Sustainability Report

1. Commitment to Renewable Energy: TricorBraun reaffirmed its commitment to 100% renewable energy sourcing for all electricity consumed in its North American operations. This initiative has been extended internationally, with 100% of electricity sourced in the EU and 56% in the UK coming from renewable sources, surpassing the goal of achieving at least 50% in these regions.

2. Enhanced ESG Governance Structure: The company has established a new data platform to improve its Environmental, Social, and Governance (ESG) governance structure. Additionally, it conducted an independent audit of its emissions inventory and committed to the Science Based Targets initiative (SBTi). This structured approach enhances transparency and accountability in TricorBraun's sustainability measures.

3. ESG Recognition: TricorBraun achieved the highest level of ESG recognition, maintaining its EcoVadis Silver Medal status and ranking among the top 6% of all submissions globally. This recognition signifies TricorBraun's leadership and dedication to sustainable practices within the packaging industry.

4. Innovative Sustainable Packaging: The report outlines the introduction of sustainable packaging innovations across various materials including paper, plastic, metal, and flexible substrates. TricorBraun's deep industry knowledge and a substrate-agnostic model empower the company to provide innovative solutions that meet customer needs while minimizing environmental impact.

5. Zero Waste Initiatives: The Zero Waste initiatives have expanded, with validation achieved across multiple sites and the launch of regional waste diversion programs yielding measurable environmental benefits. These comprehensive strategies reflect TricorBraun's drive to mitigate waste and foster resource conservation.

6. Employee Commitment: The company emphasized its commitment to employees by investing in training, development, and recognition programs that promote team success. A culture celebrating excellence is a core tenet of TricorBraun's workplace philosophy.

A Legacy of Leadership

Founded in 1902, TricorBraun has evolved into one of the world's foremost packaging companies. With a team of over 2,000 packaging experts spanning more than 100 locations in the Americas, Europe, Asia, and Australia, TricorBraun leverages its scale, extensive offering, and unparalleled expertise to solve complex packaging challenges and help customers succeed in the marketplace.

For more details, browse the full report and gain insights into TricorBraun's impactful strategies and future directions in sustainable business practices.