Pharmaceutical manufacturing solutions provider ACG Packaging Materials has had its greenhouse gas (GHG) emission reduction targets validated by the Science Based Targets initiative (SBTi).
The validated targets fit in with ACG's core philosophy of "Making it Better", and will progress the company's efforts to create a more sustainable future.
ACG Packaging Materials has committed to reducing absolute Scope 1 and 2 GHG emissions by 90%, while also reducing Scope 3 GHG emissions from purchased goods and services, fuel and energy-related activities, and upstream transportation and distribution by 97% per tonne of products produced within the same timeframe.
Speaking on this milestone, Karan Singh, Managing Director of ACG, said, “At ACG, we recognise that the future of the pharmaceutical and nutraceutical industries depends on our ability to innovate responsibly and operate sustainably. This validation provides us with a clear, science-backed framework to drive meaningful progress in reducing our environmental impact.”
He continued, “As we move forward, our focus will be on integrating sustainable practices across our operations, investing in advanced technologies, and collaborating with stakeholders to build a resilient, low-carbon future. This milestone is a testament to our dedication to making it better while ensuring that our industry remains aligned with global climate goals.”
Mr. Shivshankar S.R, CEO of ACG Packaging Materials, said, “The SBTi validation solidifies our commitment to a business model that thrives in a carbon-conscious future. We’re not simply aiming for incremental improvements; we’re undertaking a fundamental shift in how we operate."
"Our ambitious interim targets—reducing absolute Scope 1 and 2 emissions by 54.6% and Scope 3 emissions by 61.07% per tonne of products by FY2033—demonstrate our dedication to tangible progress. This commitment enhances our ability to attract sustainability-focused investors, fortifies our supply chain, and establishes ACG as a leader in responsible manufacturing.”
Sunil Kumar, Head of CSR and Sustainability at ACG, said, “This validation is a testament to our unwavering commitment to environmental stewardship and social responsibility. At ACG, we believe that business success is intrinsically linked to the well-being of our planet and communities. Our focus now is on expanding our sustainability initiatives beyond our operations, engaging our employees, and partnering with local communities to create a lasting positive impact. We are dedicated to building a more sustainable and equitable future for all.”
The Science Based Targets initiative (SBTi), a collaboration between the Carbon Disclosure Project (CDP), United Nations Global Compact (UNGC), World Resources Institute (WRI), and World Wide Fund (WWF), provides a globally recognised framework for companies to set GHG reduction targets aligned with climate science. It specifies how much and how quickly emissions must be reduced to limit global warming to well below 1.5°C above pre-industrial levels.
