Potential offtaker

Sealed Air Corp.

www.sealedair.com

Estimated electricity consumption

N/A

Countries of production presence

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Sealed Air Corp. is a leading global manufacturer of packaging materials and solutions, with a strong focus on sustainability and decarbonisation. The company operates in the Plastic Packaging Film & Sheet sector, providing innovative products and services that help customers reduce waste, improve efficiency, and enhance their environmental performance.

Founded in 1960, Sealed Air has grown into a multinational corporation with operations in over 60 countries and a workforce of more than 16,000 employees. The company's products are used in a wide range of industries, including food and beverage, healthcare, e-commerce, and industrial manufacturing.

Sealed Air's commitment to sustainability is reflected in its corporate energy strategy, which aims to reduce the company's carbon footprint and increase its use of renewable energy sources. The company has set ambitious targets for decarbonisation, including a goal to achieve net-zero greenhouse gas emissions by 2040.

To achieve these goals, Sealed Air has implemented a range of initiatives focused on energy efficiency, renewable energy, and corporate power purchase agreements (PPAs). The company has invested in energy-efficient technologies and processes, such as LED lighting, high-efficiency motors, and advanced control systems, to reduce its energy consumption and carbon emissions.

Sealed Air has also increased its use of renewable energy sources, such as solar and wind power, to reduce its reliance on fossil fuels. The company has installed solar panels at several of its facilities, including its headquarters in Charlotte, North Carolina, and has signed PPAs with renewable energy providers to purchase electricity from wind and solar farms.

In 2020, Sealed Air announced a new corporate PPA with Apex Clean Energy, a leading renewable energy provider. The agreement will enable Sealed Air to purchase 90 MW of wind power from Apex's Lincoln Land Wind project in Illinois, which is expected to come online in 2021. The PPA will help Sealed Air achieve its decarbonisation goals and reduce its carbon emissions by an estimated 50,000 metric tons per year.

Sealed Air's commitment to sustainability extends beyond its own operations to its products and services. The company has developed a range of sustainable packaging solutions, such as its Cryovac® brand of food packaging, which is designed to reduce food waste and improve shelf life. Sealed Air's packaging materials are also recyclable and made from renewable materials, such as plant-based plastics.

In addition to its sustainability efforts, Sealed Air is also focused on innovation and customer service. The company has a strong research and development program, with a team of scientists and engineers working to develop new packaging solutions that meet the evolving needs of its customers. Sealed Air also offers a range of services, such as packaging design, testing, and optimization, to help customers improve their supply chain efficiency and reduce costs.

Overall, Sealed Air Corp. is a leading player in the Plastic Packaging Film & Sheet sector, with a strong focus on sustainability and decarbonisation. The company's commitment to renewable energy, corporate PPAs, and energy efficiency has helped it reduce its carbon footprint and achieve its decarbonisation goals. Sealed Air's innovative packaging solutions and customer service have also made it a trusted partner for businesses around the world.

✓ Science Based Targets member
✓ Declared Net Zero commitment