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Sealed Air Achieves Notable Progress in Sustainability and Environmental, Social, and Governance (ESG) Priorities

Strategic Insights

— 2 min read

Sealed Air, a leading provider of packaging solutions, has made significant strides in its sustainability and environmental, social, and governance (ESG) efforts, as outlined in its Global Impact Report for the reporting year 2021. The report highlights the company's progress toward its science-based greenhouse gas emission reduction targets, diversity, equity, and inclusion (DEI) commitments, and other key priorities. Notably, Sealed Air has introduced a net positive approach, focusing on developing market-centric solutions that create environmental, social, and economic value that largely exceed their investment.

Key Takeaways:

  • **Mitigating Climate Change**: Sealed Air generated 146,113 tonnes of CO2eq global Scope 1 CO2 emissions and 285,848 tonnes of CO2eq global Scope 2 CO2 emissions, while reducing GHG intensity by 17.5% from a 2019 base year. The company aims to achieve net-zero carbon dioxide emissions by 2040 through a technical roadmap that will inform actions to reduce energy consumption, increase operational efficiencies, and find renewable energy opportunities for its manufacturing facilities.
  • **Eliminating Resource Waste**: Sealed Air achieved a 10.1% reduction in energy intensity from a 2019 base year, diverted 67% of waste from landfill and external incineration, and reached a 13.4% reduction in water intensity from a 2019 base year.
  • **Accelerating a Circular Economy**: Solutions designed for recyclability accounted for approximately 50% of the material weight sold, up from 47% in 2020. Recycled or renewable content accounted for 19% of the material weight sold, and net sales generated from products defined as recyclable, designed for recyclability, or reusable were $1.935 bn.
  • **Achieving Zero Harm**: Sealed Air reduced total recordable injuries by 8% and achieved zero recordable incidents at 64% of its manufacturing facilities. The company also reported a 25% global female workforce and 34% of its US workforce belonged to racial and ethnic minority groups.

Statistics:

  • Sealed Air generated 146,113 tonnes of CO2eq global Scope 1 CO2 emissions and 285,848 tonnes of CO2eq global Scope 2 CO2 emissions.
  • The company reduced GHG intensity by 17.5% from a 2019 base year.
  • Sealed Air achieved a 10.1% reduction in energy intensity from a 2019 base year and diverted 67% of waste from landfill and external incineration.
  • The company reached a 13.4% reduction in water intensity from a 2019 base year.
  • Solutions designed for recyclability accounted for approximately 50% of the material weight sold.
  • Recycled or renewable content accounted for 19% of the material weight sold.
  • Net sales generated from products defined as recyclable, designed for recyclability, or reusable were $1.935 bn.

Sources:

  • Sealed Air, website: http://www.sealedair.com/, Copyright Sealed Air Corporation 2022.

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