Aptar Named One of America’s Climate Leaders by USA Today | ATR Stock News

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    (Very Positive)

    Rhea-AI Summary

    Aptar, a global leader in drug delivery and consumer product dispensing technologies, has been named one of America’s Climate Leaders 2024 by USA Today for the second consecutive year. The company has showcased significant advancements in sustainability, including a climate transition plan aligned with the latest climate science, and achieving 97% of its electricity consumption from renewable sources by the end of 2023. Additionally, Aptar has reduced its absolute Scope 1 and Scope 2 emissions by 77% since 2019, and has seen a year-over-year reduction in Scope 3 emissions. The company was also recognized among America’s Most Responsible Companies 2024 by Newsweek and one of Barron’s 100 Most Sustainable U.S. Companies. These achievements are highlighted in their 2023 Corporate Sustainability/ESG Report, which adheres to GRI Standards.

    Positive

    • Aptar recognized as one of America’s Climate Leaders 2024 by USA Today.
    • 97% of electricity consumption from renewable sources by end of 2023.
    • Reduced Scope 1 and Scope 2 emissions by 77% from the 2019 baseline.
    • Year-over-year reduction in Scope 3 emissions.
    • Named among America’s Most Responsible Companies 2024 by Newsweek.
    • Included in Barron’s 100 Most Sustainable U.S. Companies.
    • Publication of a comprehensive 2023 Corporate Sustainability/ESG Report.

    Negative

    • No concrete financial benefits or cost savings from sustainability efforts disclosed.
    • Scope 3 emissions, while reduced, still present a challenge.
    • The recognition is based on past performance and does not guarantee future results.

    Second consecutive year that Aptar is recognized

    CRYSTAL LAKE, Ill.–(BUSINESS WIRE)– AptarGroup, Inc. (NYSE: ATR), a global leader in drug delivery, consumer product dispensing and protection technologies was named one of America’s Climate Leaders 2024 by USA Today.

    Aptar is part of America's Climate Leaders 2024 by USA Today (Graphic: Business Wire)

    Aptar is part of America’s Climate Leaders 2024 by USA Today (Graphic: Business Wire)

    “We are honored to be named to USA Today’s list of America’s Climate Leaders for the second consecutive year,” said Beth Holland, Aptar’s Chief Sustainability Officer. “We continue to raise the bar on sustainability by creating products that are fully recyclable, made from sustainable materials or in some cases reusable, and by running our company in a more sustainable matter both within our own operations and as expected from our value chain partners.”

    Aptar has published a climate transition plan that is aligned with the latest climate science to support the transition towards a low-carbon economy. At year-end 2023, 97% of Aptar’s total electricity consumption was from renewable sources. We made significant progress on our other validated science-based targets, returning a 77% reduction in our absolute Scope 1 and Scope 2 emissions from baseline year 2019, and a year-over-year reduction in our absolute Scope 3 emissions as well.

    Aptar recently released its 2023 Corporate Sustainability / Environment, Social and Governance (ESG) Report entitled Progress Takes Shape. This report, prepared in accordance with the Global Reporting Initiative (GRI) Standards, highlights the key milestones of Aptar’s global sustainable strategy which is built upon the framework of care, collaboration and circularity. In addition to this recognition from USA Today, Aptar was also recently named among America’s Most Responsible Companies 2024 by Newsweek and one of Barron’s 100 Most Sustainable U.S. Companies.

    To identify America’s Climate Leaders 2024, USA Today, in partnership with Statista, evaluated over 2,000 US-based companies with revenue of more than $50 million in 2022. Companies were then further considered based on their publicly available environmental record, including Scope 1 and Scope 2 emissions and a Carbon Disclosure Project (CDP) score of at least C. Final rankings were determined using every company’s emissions reduction rate over a two year period. More information about the methodology used can be found on Statista’s webpage.

    For more information on this recognition and Aptar’s sustainability initiatives, please visit https://www.aptar.com/esg/.

    About Aptar

    Aptar is a global leader in the design and manufacturing of a broad range of drug delivery, consumer product dispensing and active material science solutions and services. Aptar’s innovative solutions and services serve a variety of end markets including pharmaceutical, beauty, personal care, home, food and beverage. Using insights, proprietary design, engineering and science to create dispensing, dosing and protective technologies for many of the world’s leading brands, Aptar in turn makes a meaningful difference in the lives, looks, health and homes of millions of patients and consumers around the world. Aptar is headquartered in Crystal Lake, Illinois and has over 13,000 dedicated employees in 20 countries. For more information, visit www.aptar.com.

    Investor Relations Contact:

    Mary Skafidas

    mary.skafidas@aptar.com

    815-479-5658

    Media Contact:

    Katie Reardon

    katie.reardon@aptar.com

    815-479-5671

    Source: AptarGroup, Inc.

    FAQ

    What recent recognition has Aptar received?

    Aptar was named one of America’s Climate Leaders 2024 by USA Today.

    What percentage of Aptar’s electricity consumption was from renewable sources by end of 2023?

    97% of Aptar’s electricity consumption came from renewable sources by the end of 2023.

    How much has Aptar reduced its Scope 1 and Scope 2 emissions since 2019?

    Aptar has reduced its Scope 1 and Scope 2 emissions by 77% from the 2019 baseline.

    What other recognitions has Aptar received recently?

    Aptar was named among America’s Most Responsible Companies 2024 by Newsweek and one of Barron’s 100 Most Sustainable U.S. Companies.

    Where can I find more information about Aptar’s sustainability initiatives?

    More information about Aptar’s sustainability initiatives can be found on their website at https://www.aptar.com/esg/.

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    AptarGroup, Inc.

    NYSE:ATR

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    About ATR

    aptar is a leading global supplier of a broad range of innovative dispensing systems for the beauty, personal care, home care, prescription drug, consumer health care, injectables, food, and beverage markets. aptar is headquartered in crystal lake, illinois, with manufacturing facilities in north america, europe, asia and south america. for more information, visit www.aptar.com.

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