Potential offtaker

Huhtamäki Oyj

www.huhtamaki.com

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Which other companies from Finland are actively involved in decarbonization initiatives?
  • Elisa Corporation
  • Keva
  • Paulig Group
  • Berner Ltd
  • Caverion Corporation
  • UPM-Kymmene Corporation
  • Huhtamäki Oyj is a Finnish company that operates in the Plastic Packaging Film & Sheet sector. The company is committed to sustainability and has taken several steps towards decarbonisation and the use of renewable energy. Huhtamäki Oyj is a leading provider of sustainable packaging solutions, and its products are used by customers in the food, beverage, and healthcare industries.

    Decarbonisation is a key focus area for Huhtamäki Oyj. The company is committed to reducing its carbon footprint and has set ambitious targets to achieve this. In 2020, the company announced its commitment to reduce its carbon emissions by 50% by 2030 and to achieve net-zero emissions by 2050. To achieve these targets, Huhtamäki Oyj is implementing several measures, including the use of renewable energy, energy efficiency improvements, and the adoption of low-carbon technologies.

    Corporate energy is another area of focus for Huhtamäki Oyj. The company is committed to reducing its energy consumption and increasing the use of renewable energy sources. In 2020, the company announced that it had signed a corporate power purchase agreement (PPA) for wind power in the United States. The PPA will enable Huhtamäki Oyj to purchase renewable energy from a wind farm in Texas, which will help the company to reduce its carbon footprint and achieve its renewable energy targets.

    Corporate PPAs are an important tool for companies that want to increase their use of renewable energy. A corporate PPA is a long-term agreement between a company and a renewable energy provider, which enables the company to purchase renewable energy at a fixed price. This provides the company with certainty over its energy costs and enables it to reduce its carbon footprint.

    Renewable energy is a key focus area for Huhtamäki Oyj. The company is committed to increasing its use of renewable energy sources and has set a target to source 100% of its electricity from renewable sources by 2030. In addition to the corporate PPA for wind power in the United States, Huhtamäki Oyj has also invested in renewable energy projects in Europe. In 2019, the company announced that it had signed a long-term agreement to purchase renewable electricity from a wind farm in Finland.

    In addition to its focus on decarbonisation, corporate energy, corporate PPAs, and renewable energy, Huhtamäki Oyj is also committed to sustainability in other areas. The company is a signatory to the United Nations Global Compact and has committed to implementing the ten principles of the compact in its business operations. These principles cover areas such as human rights, labor rights, environmental sustainability, and anti-corruption.

    Huhtamäki Oyj is also committed to circular economy principles. The company is working to reduce waste and increase the use of recycled materials in its products. In 2020, the company announced that it had achieved a recycling rate of 78% for its paper-based products. The company is also working to increase the use of recycled materials in its plastic packaging products.

    In conclusion, Huhtamäki Oyj is a Finnish company that operates in the Plastic Packaging Film & Sheet sector. The company is committed to sustainability and has taken several steps towards decarbonisation and the use of renewable energy. Huhtamäki Oyj is a leading provider of sustainable packaging solutions, and its products are used by customers in the food, beverage, and healthcare industries. The company's focus on decarbonisation, corporate energy, corporate PPAs, renewable energy, and circular economy principles demonstrates its commitment to sustainability and its role as a responsible corporate citizen.

    ✓ Science Based Targets member
    ✓ Declared Net Zero commitment
    Decarbonizing Manufacture of plastic packing goods: Unlocking the Path to Sustainability

    Which companies in the industry of Manufacture of plastic packing goods have made significant pledges or efforts to address global warming?
  • EPL Ltd.
  • ALIMAC s.r.l.
  • Berry Global Group, Inc.
  • Graham Packaging
  • Silgan Plastics
  • Xiongxian Liya Packaging Material Co., Ltd.