Our journey to net zero
True sustainability is end-to-end: from procurement and working with our suppliers, to production and product delivery to our customers. Our economic goals are aligned with our social, community and environmental responsibilities. Our long-term ambition, third party validated targets and continued action today have us well positioned to deliver on our commitments.
2005
2005 is the baseline year of our CO2 target
2010
Set target of 20% reduction in relative CO2 emissions by 2020.
2013
2020 target of 20% reduction achieved with a 21% reduction by the end of 2013.
2014
New relative emissions reduction target of 25% reduction set for 2020.
2018
2020 target of 25% reduction achieved and more ambitious relative emissions reduction target of 40% by 2030 set.
2019
Approval of €134 million new recovery boiler in Nettingsdorf, Austria.
2020
Long-term target of at least net zero emissions by 2050 and the 2030 emissions reduction target to 55%.
2021
SBTi approval received for our CO2 emissions target as being in line with the Paris Agreement and a well below 2oC trajectory. Launched Better Planet 2050 commitments.
2022
43.9% reduction in CO2 emissions. Successfully trialled hydrogen project at our Saillat paper mill in France. Announced a major investment in our Cali paper mill in Colombia of almost US$100 million in a sustainable biomass boiler.
2023
Significant investment in our Hoya paper mill and board manufacturing plant in Germany. A CO2 emissions reduction of 5,500 tonnes per annum is expected.
2024
Review of our third party validation.
2024-2025
Approximately 60 projects identified to implement until 2030 in order to achieve our 55% CO2 emissions reduction target.
2030
Contribution from a state-of-the-art sustainable biomass boiler at our paper mill in Cali, Colombia which will reduce our global Scope 1 and Scope 2 CO2 emissions by approximately 6%.
Beyond 2030
Scaling new and emerging technologies, as they become available.
