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Avery Dennison makes pledge on climate change

Avery Dennison makes pledge on climate change

Calling climate change ‘an imminent global threat that demands urgent action from all segments of society,’Avery Dennison Corporation has signed the American Business Act on Climate Pledge, a White House initiative to enlist U.S. companies in reducing greenhouse gas emissions.

With this pledge, Avery Dennison is joining more than 140 companies that have voiced support for a strong outcome at the United Nations Climate Change Conference currently being held in and have underscored their commitment to reducing emissions from their operations.

Commenting on this initiative, Dean Scarborough, Avery Dennison’s Chairman and Chief Executive Officer, said:  “Signing the pledge was an easy decision because we’re already doing the things that it asked of us and we unequivocally support an agreement coming out of Paris that takes a strong step towards a low-carbon future. We are cutting our own carbon emissions and taking additional measures to tackle climate change.”

Building on a 2009 pledge to reduce greenhouse gas emissions, indexed to net sales, by 15 percent from 2005 to 2015, Avery Dennison pledges to reduce absolute greenhouse gas emissions from its operations by at least 3 percent annually, and by at least 26 percent overall, between 2015 and 2025, while also eliminating deforestation from the production of agricultural commodities by 2020, in alignment with the 2014 New York Declaration on Forests.

Additionally, it will purchase 100 percent of its paper from certified sources by 2025, with at least 70 percent coming from FSC-certified sources.  It also aims to develop long-term business plans that align with the deep decarbonisation necessary to keep global average temperatures from rising more than 2°C.

Scarborough will speak in Paris as part of the Sustainable Innovation Forum, which will run concurrently with the COP21 climate talks. Avery Dennison supports an agreement that will cut emissions enough to keep the average global temperature increase below two degrees Celsius, which scientists say is necessary to avoid the worst effects of climate change.

He confirmed that his company supports strong and immediate efforts to curb emissions for reasons both ethical and commercial, saying: “Climate change is an imminent global threat that demands urgent action from all segments of society,including business,while we still have time to act.

“It poses risks to people, communities, ecosystems and, obviously, our business. Responding to climate change by reducing emissions is, above all, a moral imperative. It’s consistent with our company’s ethics and guiding principles. And if we want to stay in business for the long term, then addressing the risks posed by climate change is simply sound strategy.”

For further information on Avery Dennison visit: www.averydennison.com

For further information on the American Bisiness Act on Climate Pledge, visit: www.whitehouse.gov

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