Summary
The DS Smith Sustainability Report 2024 is a comprehensive document detailing the company's commitment to reducing greenhouse gas (GHG) emissions and achieving Net Zero by 2050. The report outlines specific targets, including a 46% reduction in Scope 1, 2, and 3 GHG emissions by 2030, based on a 2019 baseline. It presents data on emissions reductions achieved in the past year, highlighting a 19% decrease since 2019/20. The report describes various decarbonisation projects across operations, including energy efficiency improvements and the transition to renewable energy sources. It also discusses the engagement with strategic suppliers to encourage them to set their own science-based targets. The document emphasizes the importance of circular economy principles in reducing emissions and outlines the company's Net Zero Transition Plan, which details the actions and resources allocated to meet these sustainability goals. The report serves as a transparent account of DS Smith's environmental impact and sustainability initiatives.
