![Huhtamaki recognized as a Climate Leader for three consecutive years](http://media.assettype.com/foodtechbiz%2F2024-05%2Fee3671a9-0a69-46a4-ba17-67951ecd7f9a%2F1393074661_22.webp?w=480&auto=format%2Ccompress&fit=max)
Huhtamaki has achieved recognition as a Climate Leader in Europe, a commendation bestowed by the esteemed Financial Times. This prestigious acknowledgment is reserved for top-tier European companies with revenues exceeding €40 million, selected from a pool of nominees. The selection criteria are stringent, focusing on companies that have significantly reduced their Scope 1 and 2 emissions intensity between 2017 and 2022.
Huhtamaki's inclusion in the list was propelled by the validation of its climate targets by the Science Based Targets initiative (SBTi) and its CDP Climate score. Notably, achieving a CDP Climate score of at least B- is mandatory for inclusion, a threshold that it surpassed with a B rating.
Huhtamaki's commitment to emissions reduction has been continuous. The company is proud to have earned a score of 63.8 points from Financial Times, reflecting a 9.5% decrease in emissions intensity overall between 2017 and 2022, and an 8.9% reduction in core emissions during the same period. Maintaining its B rating from CDP over the past three years, despite increasingly stringent criteria, underscores Huhtamaki's dedication to sustainability.
"Our global ranking is a testament to our ongoing commitment to sustainability. However, it also serves as a reminder that our journey towards climate leadership is ongoing. During the past few years, we have focused on further reducing our emissions through Virtual Power Purchase Agreements and other renewable electricity projects. We remain committed to reducing our Scope 1 and 2 emissions through additional renewable electricity projects," states Huhtamaki.
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