CMC Packaging Automation, a global leader in sustainable fully automated packaging on demand solutions, is proud to announce the publication of its annual Sustainability Report. This comprehensive report highlights CMC's steadfast commitment along the three ESG dimensions and details the Group’s significant achievements and strategic plans within their roadmap.
Key Highlights from the 2023 Sustainability Report:
Environmental Commitment: CMC has made remarkable strides in reducing its carbon footprint, achieving a 26.17% reduction in total emissions from 2022 to 2023. This accomplishment is part of the Group's broader decarbonization strategy, aiming for Net Zero by 2050. The Group's carbon footprint assessment revealed a total of 61,305 tCO2eq emissions in 2023, down from 83,031.82 tCO2eq in 2022. The Group also started tackling its Scope 3 emissions by engaging its supply chain and evaluating suppliers' performance also through key environmental parameters.
Innovation in Packaging: The report showcases CMC's advanced, right-sized packaging technology, which minimizes waste and reduces transport-related carbon emissions. The introduction of the 'My Impact Calculator' empowers clients to evaluate and improve their environmental footprint, promoting a collective effort toward sustainability. In 2023, the Group also focused on embedding energy efficiency features into new products and developing a remote monitoring platform for better impact and energy optimization.
Social Responsibility: CMC is deeply committed to social performance, focusing on talent retention, community engagement, and fostering innovation through educational projects. The Group committed to diversity and inclusion by adopting clear objectives to increase equality in the workforce. Other key social initiatives include the assessment of the gender pay gap among the whole workforce to identify and tackle hotspots, the implementation of anti-harassment training for managers, which will be further expanded to the entire workforce in 2024 and the continuous investment in local communities for recruitment and skills development.
Governance and Data Security: Maintaining robust governance frameworks and enhancing data security practices have been pivotal in 2023. These measures are crucial for building long-term partnerships and maintaining customer trust.
Francesco Ponti CEO of CMC Packaging Automation commented: "Our journey toward sustainability is deeply rooted in our corporate DNA. We are dedicated to shaping a future where business success and environmental conservation go hand in hand. This report is a testament to our relentless pursuit of sustainable innovation and our unwavering commitment to creating a positive impact on the planet."
“CMC Packaging Automation continues to lead by example, driving positive change through sustainable solutions and setting industry standards for environmental responsibility. The 2023 Sustainability Report reflects the Group’s ongoing efforts and future plans, reinforcing its position as a pioneer in the sustainable packaging industry.” Luca Barzaghi, CMC CFO and Head of ESG and IT said.