The SBTi validation process rigorously evaluated Logoplaste’s medium-term and long-term emission reduction goals. Earlier this year, Logoplaste outlined its ambitious plan:
- A 90% reduction in absolute scope 1 and 2 greenhouse gas (GHG) emissions from 2020 levels by 2050
- A 97% reduction in scope 3 GHG emissions per ton of material input from 2022 levels by 2050
Additionally, the company has also set impactful near-term targets, committing to:
- A 45.3% reduction in scope 1 and 2 emissions from 2020 levels by 2030
- A 51.6% reduction in scope 3 emissions per ton of material input by 2030
Pioneers in a Sustainable Business Model for Plastic Packaging
Sustainability has been at the core of Logoplaste’s operations since the beginning. The company's wall to wall manufacturing model embeds packaging plants in customer facilities, eliminating transportation of finished products and secondary packaging while minimizing excess stock. The Logoplaste wall to wall model significantly decreases carbon footprints and improves supply chain efficiency and transparency.
The same ethos drives packaging development at the Logoplaste Innovation Lab where the sustainability and recyclability of raw materials are front and center of the development process.
Key Progress in Sustainability Efforts
Logoplaste has published its GRI Sustainability Report annually since 2018, tracking its emissions in a standardized way. These reports identify the main sources of emissions, such as raw material and electricity use, and detail how the company is working to reduce them, providing transparency on the company's challenges and progress.
Between 2018 and 2023, Logoplaste already made significant progress:
- Recycled content rose from 8% to 22%
- Renewable energy consumption rose from 7% to 34%
Logoplaste’s climate efforts are further incentivized through an ESG-linked loan, which rewards CO2 avoidance directly linked to our business model. This commitment links our financial performance to an ever more positive environmental impact.
