Amcor’s commitment to sustainability recognized by Dow Jones Sustainability Indices Australia

AUSTRALIA – Amcor has once again secured a position in the Dow Jones Sustainability Indices (DJSI): Australia Index (DJSI Australia), underscoring the company’s unwavering commitment to delivering cutting-edge and more sustainable packaging solutions.

Amcor achieved a ranking within the 91st percentile of the packaging and containers industry in the 2023 S&P Corporate Sustainability Assessment, a pivotal factor determining inclusion in the esteemed DJSI. This recognition serves to reaffirm Amcor’s pivotal leadership role within the industry.

The Global Head of Investor Relations at Amcor, Tracey Whitehead, expressed the significance of this acknowledgment, stating, “This recognition is significant to Amcor, not just because we’re being honored in the country of our founding, but because it acknowledges our ability to deliver responsible packaging benefitting our customers and the planet.

“We remain committed to continually innovating more sustainable packaging solutions across a wide range of materials, while enabling our customers to meet their own sustainability goals.”

First introduced in 1999, the Dow Jones Sustainability Indices cater to investors who prioritize sustainable business practices for shareholder value.

With sustainability as a driving force in shaping the future of packaging, Amcor steadfastly expands its products, partnerships, and services through dedicated teams and strategic investments in research and development.

Simultaneously, Amcor’s FY23 Sustainability Report elucidates the substantial progress made in fulfilling ambitious, industry-leading sustainability commitments made over the past decade.

The report offers tangible evidence of progress across various dimensions, including a reduction in carbon footprint, innovative product design, and increased use of recycled content.

In its manufacturing operations, Amcor achieved a noteworthy 10% reduction in absolute greenhouse gas emissions from FY22 to FY23, with 22 Amcor sites achieving 100% renewable electricity use. In waste management, the company realized a commendable 46% reduction in FY23 compared to the FY19 baseline.

Annually investing around US$100 million in research and development, Amcor consistently introduces innovative solutions to the market, aiding customers in meeting their sustainability objectives.

By the end of FY23, 90% of Amcor’s global product portfolio, designed to be recycled, reusable, or compostable, was realized, with a targeted achievement of 100% by 2025.

Breaking it down by segment, 89% of Amcor’s flexible packaging portfolio now boasts a recycle-ready design solution, and 95% of rigid packaging, by weight, is practically recyclable. In the past year, the company increased its use of recycled material by almost 30%.

Further extending its commitment to sustainable practices, Amcor has broadened the availability of paper-based packaging that is recyclable in most waste streams. Over 92% of purchased fibers were certified to an external sourcing standard (a significant rise from 75% in FY22).

The company also launched its AmFiber™ Performance Paper in Asia, Latin America, and North America while expanding its offering in Europe.

Notably, 100% of packaging produced by Amcor Specialty Cartons is certified as recyclable by the Institute cyclos-HTP.

Amcor continues to strengthen its partnerships across the value chain. Collaborating with Mondelez International, Inc., the company announced an investment in advanced recycling technology pioneer Licella to establish one of the first advanced recycling facilities in Australia.

Additionally, Amcor entered into a multi-year deal to secure access to high-performance certified-circular material from ExxonMobil globally.

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