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Constantia Flexibles, one of the world's leading manufacturers of flexible packaging and labels, has been recognized with a strong CDP climate score rating for its highly transparent climate reporting and climate protection efforts . The annual rating is based on CDP's evaluation of the company's strategy, goals and actual emissions reductions, as well as transparency and verification of reported data. Constantia Flexibles is listed for the second time by CDP.
“We are very proud to have achieved 100 percent in the disclosure score and were rated with a “B” rating with regard to our contribution to climate change mitigation, adaptation and transparency,” said CEO Alexander Baumgartner. “The results of the CDP rankings confirm our strategy to reduce emissions sustainably, while maintaining the highest standards of transparency when it comes to reporting.”
Constantia Flexibles considers environmental responsibility as an integral part of its entrepreneurial activities. This responsibility is based on the following principles: Awareness of possible environmental risks and their minimization through product technologies; use of environment-friendly materials in the product portfolio and the reduction of atmospheric, soil and water impacts.
Since 2005, Constantia Flexibles has been measuring its direct and indirect emissions in accordance with the Greenhouse Gas Protocol. The company already reached in 2012 the halfway mark of its goal of a 40 percent reduction in CO2 emissions per output by 2023.
Background Information – CDP
The CDP (formerly the "Carbon Disclosure Project") is an organization based in the United Kingdom, which works with shareholders and corporations to disclose the greenhouse gas emissions of major corporations. As disclosure of emission related data is CDP's primary activity, the quality of the data reported to CDP is key. In 2015, nearly 4,000 businesses reported climate change data to CDP. The organization operates in most major economies worldwide and channels information and progress through individual programs.