Ranpak Holdings Corp. Moves Forward with Sustainable Initiatives

Ranpak Holdings Corp. has released its Environmental, Social and Governance (ESG) Report for 2020.

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Ranpak Holdings Corp. has released its Environmental, Social and Governance (ESG) Report for 2020. The report sets ambitious goals for the company, committing by 2030 to reduce greenhouse gas emissions by 46%, source an aggregate paper supply of at least 75% recycled pulp, sell 100% of paper products as FSC-certified and more.

In addition, the report mentions additional ESG data for 2020, noting its commitment to aligning its corporate mission with the Sustainable Development Goals that was established by the United Nations in 2015.

“Ranpak will continue to advance our overall ESG performance and is excited to establish these important targets for 2030. With these targets, Ranpak looks forward to proving once again that it is possible to both protect our natural environment and produce more sustainable and more effective packaging solutions for the global supply chain,” says David Murgio, Ranpak’s Chief Sustainability Officer & Secretary.

Per BusinessWire:

  • The report also discloses additional ESG data for 2020 including energy consumption, greenhouse gas emissions, diversity, and safety performance.

  • In preparing the 2020 ESG Impact Report, Ranpak incorporated several metrics from the Sustainability Accounting Standards Board (SASB) standards for Containers & Packaging, as well as certain Global Reporting Initiative Standards.