Key Highlights from the Report:
- Human Rights and Supplier Code of Conduct
Siegwerk has taken a proactive stance on human rights by appointing a dedicated Human Rights Officer and building a comprehensive Supplier Sustainability Program. This program emphasizes the importance of human rights and sustainable procurement practices throughout Siegwerk’s supply chain. Its newly introduced Business Partner Code of Conduct outlines the company’s expectations for business partners. This initiative aims to foster transparency and collaboration, driving continuous improvement in human rights and environmental standards.
- Carbon Emissions Update
In Siegwerk’s ongoing efforts to combat climate change, the company has achieved significant milestones in reducing carbon emissions. Siegwerk has successfully completed a comprehensive carbon audit with TÜV SÜD Industrie Service GmbH, which included the validation of its Corporate Carbon Footprint (CCF) and Product Carbon Footprint (PCF). This third-party certification ensures full transparency and reliability of its carbon data. Siegwerk’s commitment to achieving carbon neutrality for scope 1 and scope 2 by 2025 remains steadfast, with ambitious targets validated by the Science-Based Targets initiative (SBTi). A big milestone: sourcing 100% renewable electricity in 2023.
- CIRKIT Products and New CE Coatings Business Unit
Siegwerk is excited to expand the CIRKIT product range, a broad array of functional coatings designed to enhance the recyclability and reusability of packaging. These innovative coatings provide essential functionalities such as barriers and sealability while ensuring compatibility with circular economy principles. Additionally, the company has established a new global business unit dedicated to Circular Economy Coatings, further solidifying its commitment to sustainable packaging solutions.
