According to the UN, only 15 percent of the Sustainable Development Goal targets are on track. In September 2023, UPM joined the UN Global Compact Forward Faster initiative to accelerate this pace. To demonstrate its commitment to the Climate Action initiative and help its customers reduce the carbon footprint of their packaging materials and drive action, UPM Raflatac has announced the launch of its Carbon Action Plastic Labels portfolio.
Beginning April 30, 2024, the first products offered under the Carbon Action portfolio were available to customers in EMEIA and the Americas. Further products are planned to be launched as part of the portfolio, all of which will focus on supporting the multiple circular economy Rs – Reduced, Recycled, or Renewable materials that enable Recycling or Reuse. Designed to address the entire value chain’s impact, the Carbon Action portfolio offers a tangible path toward achieving Scope 3 emission reductions for printers and brand owners. This is underpinned by the DEKRA validated LCA calculation process through UPM Raflatac’s Label Life service.
The goal of UN Global Compact Forward Faster initiative is to accelerate progress toward the 2030 Sustainable Development Goals in five areas of action: Climate Action, Living Wage, Gender Equality, Water Resilience and Finance & Investment. By joining the Climate Action initiative, UPM commits to setting science-based net-zero emission reduction targets in line with a 1.5°C pathway, with the goal of halving global emissions by 2030 and reaching net-zero by 2050 at the latest.
