Siegwerk, one of the leading global providers of printing inks and coatings for packaging applications and labels, has received a CDP Scoring B for its actions and contributions to minimize impact on climate change. This is a remarkable achievement for Siegwerk, as it was the first year that the company voluntarily participated in disclosing its climate-related strategy and initiatives through CDP, one of the most widely commended and internationally recognized climate and environmental disclosure and scoring platforms. The CDP scoring scale ranges from A to D, where companies with an A score are among the most transparent when it comes to disclosure and performance of their climate actions. Siegwerk's CDP B score reflects its commitment to sustainability and climate action, as well as its efforts to increase industry transparency.
Noteworthy are the high scores (absolute and relative to peers) awarded for the following categories out of a total of 17 evaluated categories:

Emission Reduction Initiatives and Low Carbon Products Siegwerk Score: A-

• Siegwerk Score: A-
• Activity Peer Average : C

Risk and Opportunity Management

• Siegwerk Score : A
• Activity Peer Average: B

Siegwerk’s risk and opportunity management score is attributed to effective oversight on climate transition risks, incorporation of climate considerations into our business models, and engagement with stakeholders on climate reduction opportunities.  

The scoring recognizes  Siegwerk’s extensive and ongoing efforts to reduce emissions, as well as stewardship in developing and promoting circular and low climate impact products. On top of that it is a validation of its decision to adopt climate change and sustainability as a value driver for its business and growth strategy.

The CDP score is a boost for Siegwerk to continue its efforts and focus to realize the seven ambitious targets set by its Sustainability Management Program HorizonNOW for 2025, including carbon neutrality Scope 1 and 2 emissions and achieving 75 percent of sales from products and services enabling circular packaging. HorizonNOW, with its clear targets, is aligned with the Science Based Target Initiative (SBTi) and United Nations Sustainable Development Goals (UN SDG).

About Siegwerk
Siegwerk is one of the leading global manufacturers of printing inks and coatings for packaging applications and labels. Based on 200 years of expertise, we provide customized solutions for all types of packaging needs - from functional and eye-catching to safe and sustainable. As a seventh-generation family business, we have long been aware of our responsibility for future generations. Under the motto “rethINK packaging”, we are therefore actively driving the transformation to a circular economy by developing eco-friendly solutions that enable packaging circularity. Here, 30+ country organizations and ~5,000 employees worldwide ensure consistent high-quality products and customized support around the world. Learn more at www.siegwerk.com

Media Contact:
Femke Thiele
Manager Corporate Communications
Tel.: +49 2241 304-8843
E-mail: press@siegwerk.com

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