Siegwerk releases 2024 Sustainability Report
- Published: December 11, 2024
Advancing Target Achievement and New Initiatives on Human Rights, Carbon Emissions, and Circular Economy Coatings
Siegwerk, one of the leading global providers of printing inks and coatings for packaging applications and labels, today announces the release of its latest Sustainability Report. This update highlights significant advancements in the company's commitment to sustainability, focusing on areas such as Human Rights, Supplier Code of Conduct, Carbon Emissions, PCF and CCF Third Party Certification, CIRKIT Products, and the new Circular Economy (CE) Coatings Business Unit.
Key Highlights from the Report:
- Human Rights and Supplier Code of Conduct
Siegwerk has taken a proactive stance on human rights by appointing a dedicated Human Rights Officer and building a comprehensive Supplier Sustainability Program. This program emphasizes the importance of human rights and sustainable procurement practices throughout Siegwerk’s supply chain. Its newly introduced Business Partner Code of Conduct outlines the company’s expectations for business partners. This initiative aims to foster transparency and collaboration, driving continuous improvement in human rights and environmental standards.
- Carbon Emissions Update
In Siegwerk’s ongoing efforts to combat climate change, the company has achieved significant milestones in reducing carbon emissions. Siegwerk has successfully completed a comprehensive carbon audit with TÜV SÜD Industrie Service GmbH, which included the validation of its Corporate Carbon Footprint (CCF) and Product Carbon Footprint (PCF). This third-party certification ensures full transparency and reliability of its carbon data. Siegwerk’s commitment to achieving carbon neutrality for scope 1 and scope 2 by 2025 remains steadfast, with ambitious targets validated by the Science-Based Targets initiative (SBTi). A big milestone: sourcing 100% renewable electricity in 2023.
- CIRKIT Products and New CE Coatings Business Unit
Siegwerk is excited to expand the CIRKIT product range, a broad array of functional coatings designed to enhance the recyclability and reusability of packaging. These innovative coatings provide essential functionalities such as barriers and sealability while ensuring compatibility with circular economy principles. Additionally, the company has established a new global business unit dedicated to Circular Economy Coatings, further solidifying its commitment to sustainable packaging solutions.
"Our commitment to sustainability is at the core of everything we do. In this report we are happy to share the progress we made and give concrete examples on how we are living up to our commitment”, states Alina Marm, Head of Global Sustainability and Circular Economy at Siegwerk.
Siegwerk's Sustainability Update for 2024 underscores the company’s unwavering dedication to creating a more sustainable future. By addressing critical areas such as human rights, carbon emissions, and circular economy innovations, Siegwerk continues to lead the industry in sustainable practices.
Learn more at www.siegwerk.com.
