Sealed Air Maintains A-Climate Change Score From CDP

CHARLOTTE, NC / ACCESSWIRE / January 25, 2023 / Based on its environmental disclosures, Sealed Air (NYSE:SEE) recently received an A- score from CDP for its climate change efforts.

Sealed Air has been awarded an A or A- for its work to reduce greenhouse gas emissions for the last nine years consecutively and has previously been recognized by CDP as a Supplier Engagement Leader. The company has earned a B for its water security efforts for the past three years. CDP, a voluntary reporting framework, scores companies based on environmental impacts, risks, opportunities, and actions. Scores range from A to D-.

To manage and reduce greenhouse gas emissions associated with its operations and mitigate the negative impacts of climate change, Sealed Air is developing a strategy that includes building a technical roadmap for its transition to net-zero carbon dioxide emissions by 2040. The roadmap will inform actions taken to reduce energy consumption, increase operational efficiencies, and install renewable energy sources such as the solar farm now powering Sealed Air's manufacturing facility in Madera, California. Progress on the company's climate goals are outlined in its Global Impact Report.

"We are committed to climate and have put practices in place to collect data and understand opportunities to improve," said Myra Hughes Foster, Sealed Air's Executive Director of Sustainability Strategy and Advocacy. "By having a holistic approach to our climate strategy-which is not just about hitting a number but instead is about changing the way we run our operations-we've positioned ourselves to be able to maintain A and A- CDP scores even though the criteria is getting more stringent each year. Our scores reflect our intentionality."

In its latest disclosure, Sealed Air shared emissions reduction initiatives such as upgrading compressed air systems, installing power controllers, and optimizing heating processes, all of which reduce the use of electricity. By disclosing through CDP, Sealed Air is prepared to respond to the increasing demand for environmental transparency from financial institutions, customers, and policymakers

Nearly 20,000 organizations worldwide disclosed data through CDP in 2022, including more than 18,700 companies worth half of global market capitalization, and more than 1,100 cities, states and regions.

About Sealed Air

Sealed Air (NYSE:SEE) is in business to protect, solve critical packaging challenges, and make our world better than we find it. Our automated packaging solutions promote a safer, more resilient, and less wasteful global food, fluids and liquids supply chain, enable e-commerce, and protect goods transported worldwide.

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