Graphic Packaging Holding Company released its 2024 Impact Report, detailing progress toward its Better by 2030 commitments. The report emphasizes the company's focus on innovation, environmental stewardship, and culture within its Vision 2030 business strategy.
Key highlights from the report include over $200 million in innovation-driven sales growth in 2024, driven by sustainable packaging solutions like Boardio™ and EnviroClip™. The company is also working towards a 45% reduction in water use intensity and a 20% reduction in energy intensity relative to 2021.
In environmental responsibility, Graphic Packaging executed a virtual Power Purchase Agreement in 2024, scheduled to come online in late 2025, which is expected to increase renewable electricity use in its EMEA region to approximately 70%. The company also reaffirmed its aspiration of net-zero greenhouse gas emissions by 2050 and its commitment to sustainably source 100% of purchased forest products.
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