ZURICH, March 21, 2023 – Amcor (NYSE: AMCR, ASX: AMC), a global leader in developing and producing responsible packaging solutions, has been recognized for its strong commitment to sustainability with an ‘AA’ rating in the MSCI Environmental, Social and Governance (ESG) rating. This prestigious rating evaluates companies’ performance on a range of environmental, social, and governance factors and is an important indicator of corporate responsibility and sustainability. Amcor’s ‘AA’ rating confirms its leadership position in responsible packaging solutions and its unwavering commitment to environmental, social, and corporate governance topics.
The MSCI report highlights Amcor’s strong sustainability performance, specifically recognizing its efforts to reduce greenhouse gas emissions, increase clean energy procurement, and accelerate the use of recycled content in its products. These initiatives have been driven by Amcor’s focus on circular economy solutions as one of the key priorities of Amcor’s sustainability strategy. By reducing the environmental impact of products and increasing their recyclability, Amcor continues to demonstrate its strong commitment to more sustainable packaging solutions and its leadership in the packaging value chain.
David Clark, vice president Sustainability at Amcor, said, “We’re extremely proud to receive MSCI’s prestigious ‘AA’ rating for the fifth consecutive year, which is a testament to Amcor’s ability to deliver more sustainable solutions. Our efforts to ensure our products retain the highest efficiency and safety standards and to collaborate on introducing cutting-edge waste management infrastructure have been instrumental in achieving this rating. While we are pleased with this recognition, we will continue to work tirelessly on ESG. We are determined to continue leading the industry by example, pursuing measures that significantly reduce our environmental impact and paving the way towards a more sustainable future.”
MSCI ESG Research provides MSCI ESG Ratings on global public, and a few private, companies on a scale of AAA to CCC, according to exposure to industry-specific ESG risks and the ability to manage those risks relative to peers. Learn more about MSCI ESG ratings here.
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About Amcor
Amcor is a global leader in developing and producing responsible packaging solutions for food, beverage, pharmaceutical, medical, home and personal-care, and other products. Amcor works with leading companies around the world to protect their products and the people who rely on them, differentiate brands, and improve supply chains through a range of flexible and rigid packaging, specialty cartons, closures, and services. The company is focused on making packaging that is increasingly lighter weight, recyclable and reusable, and made using an increasing amount of recycled content. In fiscal year 2022, 44,000 Amcor people generated $15 billion in annual sales from operations that span 220 locations in 43 countries. NYSE: AMCR; ASX: AMC
