2030 Sustainability Goals and Metrics

Avery Dennison is committed to reaching our sustainability goals by the year 2030. Our 2030 sustainability goals complement and live alongside our 2025 sustainability goals. Our 2030 sustainability goals were developed based on careful analysis of what is most important for our business and stakeholders, covering the areas where we can, and should, make the greatest difference. Striving to meet our new goals will be the greatest test yet of our capacity to innovate and an invaluable opportunity to position our business for lasting success.

Our 2030 sustainability goals align with seven of the United Nations Sustainable Development Goals (SDGs). A framework adopted by 193 countries, the SDGs have become a common standard for governments, the private sector and civil society to track progress toward sustainability.

Deliver innovations that advance the circular economy

Deliver innovations that advance the circular economy

Satisfy the recycling, composting or reuse requirements of all single-use consumer packaging and apparel with our products and solutions.

RBIS

  • 100% of products within our Core Product Categories will meet our third-party verified Sustainable Advantage Standard.

LGM

  • 100% of Core Film and Paper Product Categories will contain recycled or renewable content. All of our regions will have labels that enable circularity of plastics.
  • Continued investment and industry collaboration to provide the industry with recycling outlets globally.
  • Expand the adoption of Intelligent Labeling to enable our industries to communicate data, reducing costs and waste, and creating smarter recycling processes.

 

Reduce our environmental impact in our operations and supply chain

Reduce our environmental impact in our operations and supply chain

  • Reduce our Scope 1 and 2 GHG emissions by 70% from our 2015 baseline and work with our supply chain to reduce our 2018 baseline Scope 3 GHG emissions by 30% - with an ambition of net zero by 2050.
  • Source 100% of paper fiber from certified sources focused on a deforestation-free future.
  • Divert 95% of our waste away from landfills, with a minimum of 80% of our waste recycled and the remainder either reused, composted, or sent to energy recovery
  • Deliver a 15% increase in water efficiency at our sites that are located in high or extremely high risk countries as identified in the WRI Aqueduct Tool.
  • Engage 80% of our spend of LGM’s direct suppliers on their environmental and social policies including water, human rights, fair business, forestry, etc.

 

Make a positive impact by enhancing the livelihoods of our employees and communities

Make a positive impact by enhancing the livelihoods of our employees and communities

Foster an engaged team and an inclusive workplace.

  • Inclusion Index: 85%
  • Employee Engagement: 82%
  • Females in manager level or above positions: 40%
  • Safety: 0.2 RIR

Drive employee participation in ADF grants and foster the well-being of the communities in which we and our supply chain operate.

  • 85% of countries in which we operate receive ADF grants
  • 50% of all ADF grants incorporate volunteerism

Progress toward our 2025 sustainability goals

Sustainability is one of our core values and has long been an integral part of the way we do business. Our aim is to improve the sustainability of our products and processes, build a more diverse workforce and an inclusive culture, maintain a culture of health and safety, and support our communities to create value for all our stakeholders. Key to our progress has been integrating sustainability into our business strategies and engaging employees at all levels.

In our 2020 integrated sustainability and annual report, we present highlights of our achievements against our 2025 sustainability goals and announce our more ambitious 2030 sustainability goals.

In the first five years of the 10-year horizon for our 2025 sustainability goals, we have made meaningful progress, as shown in the scorecard shown below.

Greenhouse Gas Emissions

Greenhouse Gas Emissions

2025 Target

  • Achieve at least 3% absolute reduction year-over-year and at least 26% overall reduction by 2025

2015 Baseline

2020 Progress

  • Reduced absolute GHG emissions by ~19% in 12 months through Q3 2020 compared to same period in prior year, primarily due to increased purchase of renewable energy credits; GHG emissions fell ~45% compared to baseline year
Paper

Paper

2025 Target

  • Source 100% certified paper, of which at least 70% is Forest Stewardship Council®-certified

2015 Baseline

  • 45% FSC-certified

2020 Progress

  • Of total volume of paper procured in 2020, ~92% was certified, with ~83% of facestocks Forest Stewardship Council®-certified
Films

Films

2025 Target

  • Ensure that 70% of films we buy conform to, or enable end products to conform to, our environmental and social guiding principles

2015 Baseline

2020 Progress

  • ~97% of 2020 film volume conformed to LGM’s restricted substance list
Chemicals

Chemicals

2025 Target

  • Ensure that 70% of chemicals we buy conform to, or enable end products to conform to, our environmental and social guiding principles

2015 Baseline

2020 Progress

  • ~96% of 2020 chemical volume conformed to LGM’s restricted substance list
Waste

Waste

2025 Target

  • Be 95% landfill-free, with at least 75% of our waste reused, repurposed or recycled
  • Eliminate 70% of the matrix and liner waste from our value chain

2015 Baseline

  • 90% landfilll-free; 55% recycled

2020 Progress

  • Diverted ~94% of solid waste from landfills and recycled ~67% of waste as of year-end 2020
Products and Solutions

Products and Solutions

2025 Target

  • Through innovation, deliver above-average growth in sales from sustainability-driven products and services
  • Ensure that 70% of our products and solutions conform to, or enable end products to conform to, our environmental and social guiding principles

2015 Baseline

2020 Progress

  • ~44% and ~55% of LGM and RBIS sales, respectively, in 2020 came from sustainability driven products that are responsibly sourced, enable recyclability, contain recycled content, or use less material without compromising performance
People

People

2025 Target

  • Continue to cultivate diverse (40%+ female at level of manager and above), engaged, safe (recordable incident rate of <0.25), productive and healthy workforce
  • Continue to invest in our employees and the communities in which they live and work

2015 Baseline

  • 32% women in manager level and above; 0.31 Recordable Incident Rate (RIR); 80% engagement

2020 Progress

  • Increased female representation at level of manager and above by ~7% from baseline year; level was 34% at year-end 2020
  • Continued world-class safety record, with recordable incident rate of 0.21 in 2020, far surpassing manufacturing industry average of 3.0 in 2019 (most recently available industry average)
Transparency

Transparency

2025 Target

  • Commit to goals publicly and be transparent in reporting progress

2015 Baseline
N/A

2020 Progress

  • Enhanced transparency by providing greater ESG disclosures in 2019 integrated sustainability and annual report published in March 2020, committing to publishing progress annually; first ESG Download published in August 2020; and 2020 integrated sustainability and annual report and ESG Download, both published in March 2021