Aptar Recognized with Prestigious ‘A’ Score on the CDP Climate Change Assessment
CRYSTAL LAKE, Ill.–(BUSINESS WIRE)–
AptarGroup, Inc. (NYSE: ATR), a global leader in drug and consumer product dosing, dispensing and protection technologies, has been recognized for its leadership on climate change topics by the global environmental non-profit CDP, securing a place on its prestigious “A List.”
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Graphic: Aptar Recognized with Prestigious ‘A’ Score on the CDP Climate Change Assessment
Aptar was recognized for its actions to cut emissions, mitigate climate risks and further the low-carbon economy, based on the data reported by the Company through CDP’s 2024 corporate questionnaire. In 2024, over 700 financial institutions with over 142 trillion USD in assets requested companies to disclose data on environmental impacts, risks, and opportunities through CDP’s platform. A record-breaking 24,800 companies responded. Through significant demonstrable action on climate, Aptar is a leader in corporate environmental ambition, action and transparency worldwide.
“We are proud to be recognized by CDP as a leader on climate related topics. Our actions that demonstrate our continuous efforts in this area, and the products and solutions we provide, play an important role in improving everyday life for consumers and patients around the world,” said Stephan B. Tanda, Aptar President and CEO. “As we focus on the future, we intend to continue our efforts on reducing climate risks and increasing actions that lead to a more sustainable future.”
Aptar recognizes that caring for the environment means reducing climate emissions. Aptar has set formalized science-based targets for Scope 1 and Scope 2 emissions reductions that are in line with requirements to keep global warming at 1.5° Celsius by 2030. In addition, the Company has a renewable electricity target, as well as a Scope 3 target. Aptar’s targets have been validated by the Science Based Targets Initiative (SBTi). The Company also improved its risk and opportunities disclosures in accordance with the Task Force on Climate-Related Financial Disclosures (TCFD). In addition, Aptar received the ISO 14046 certification, assuring the reduction in greenhouse gas emissions in all scopes, especially as it increased renewable electricity purchases. Aptar has signed Power Purchase Agreements (PPA) in Europe and the US to provide more localized sources of renewable energy dedicated to Aptar.
“It is encouraging that Aptar’s progress is recognized by CDP, especially given our ever-changing global environment. As companies across the globe aim to become more transparent, we believe it is important to share our progress with the world and reduce our carbon emissions year-over-year. This is why our focus at Aptar has been on continuous improvement and collaborating with our teams around the world as we make the next steps on our journey,” said Beth Holland, Chief Sustainability Officer.
A detailed and independent methodology is used by CDP to assess these companies, allocating a score of A to D- based on the comprehensiveness of disclosure, awareness and management of environmental risks as well as demonstration of best practices associated with environmental leadership, such as setting ambitious and meaningful targets. CDP disclosure and the A List rankings help organizations on their journey of continuous improvement. CDP, in collaboration with other leading frameworks, set the bar on what qualifies as environmental leadership and increased transparency in line with emerging science, stakeholder feedback, and market needs.
Paul Simpson, Chief Delivery Officer of CDP, said, “As the founder of environmental reporting, CDP is dedicated to building a world where people, planet and profit are truly balanced. We greatly appreciate the support of Aptar in our efforts to continue pioneering transparency, powering corporate environmental action. Transparency drives action at all levels…. Disclosure is far more than a box to tick. It’s a tool to see clearly, act decisively and create change.”
About Aptar
Aptar is a global leader in drug and consumer product dosing, dispensing and protection technologies. Aptar serves a number of attractive end markets including pharmaceutical, beauty, food, beverage, personal care and home care. Using market expertise, proprietary design, engineering and science to create innovative solutions for many of the world’s leading brands, Aptar in turn makes a meaningful difference in the lives, looks, health and homes of millions of patients and consumers around the world. Aptar is headquartered in Crystal Lake, Illinois and has over 13,000 dedicated employees in 20 countries. For more information, visit www.aptar.com.
About CDP
CDP is a global non-profit that runs the world’s environmental disclosure system for companies, cities, states and regions. Founded in 2000 and working with more than 700 financial institutions with over $142 trillion in assets, CDP pioneered using capital markets and corporate procurement to motivate companies to disclose their environmental impacts, and to reduce greenhouse gas emissions, safeguard water resources and protect forests. Over 24,000 organizations around the world disclosed data through CDP in 2023, with more than 23,000 companies – including listed companies worth two thirds global market capitalization – and over 1,100 cities, states and regions. Fully TCFD aligned, CDP holds the largest environmental database in the world, and CDP scores are widely used to drive investment and procurement decisions towards a zero carbon, sustainable and resilient economy. CDP is a founding member of the Science Based Targets initiative, We Mean Business Coalition, The Investor Agenda and the Net Zero Asset Managers initiative. Visit www.cdp.net or follow us @CDP to find out more.
This press release contains forward-looking statements, including with regard to our sustainability goals and targets. Expressions or future or conditional verbs such as “will” are intended to identify such forward-looking statements. Forward-looking statements are made pursuant to the safe harbor provisions of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and are based on our beliefs as well as assumptions made by and information currently available to us. Accordingly, our actual results may differ materially from those expressed or implied in such forward-looking statements due to known or unknown risks and uncertainties that exist in our operations and business environment including, but not limited to: the successful integration of acquisitions; the regulatory environment; and competition, including technological advances. For additional information on these and other risks and uncertainties, please see our filings with the Securities and Exchange Commission, including the discussion under “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our Form 10-Ks and Form 10-Qs. We undertake no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.
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Aptar Investor Relations Contact:
Mary Skafidas
[email protected]
+1 347 351 6407
Aptar Media Contact:
Katie Reardon
[email protected]
+1 815 479 5671
KEYWORDS: United States North America Illinois
INDUSTRY KEYWORDS: Professional Services Pharmaceutical Food/Beverage Environment Cosmetics Retail Packaging Medical Supplies Climate Change Environmental, Social and Governance (ESG) Manufacturing Health
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