Atlantic Packaging is named in CDP’s A List 2023 for its environmental transparency and performance on climate change.
CDP is a global nonprofit that helps companies, cities, states, regions, and public authorities disclose their environmental impact. The organization annually grades entities based on their commitments to sustainability.
Based on data reported through CDP’s 2023 Climate Change questionnaire, Atlantic is one of 346 companies that achieved an ‘A’ out of over 21,000 companies scored.
CDP scores are used to inform investment and procurement decisions that encourage a move toward a zero-carbon, sustainable, and resilient economy. In 2023, over 740 financial institutions with over $136 trillion in assets requested companies to disclose data on environmental impacts, risks, and opportunities through CDP’s platform. A record-breaking 23,000 companies responded.
CDP uses a detailed and independent methodology to assess these companies, allocating a score of ‘A’ to ‘D-’ based on the comprehensiveness of disclosure, awareness and management of environmental risks, and demonstration of best practices associated with environmental leadership, such as setting ambitious and meaningful targets. Those that don’t disclose or provide insufficient information are scored an ‘F.’
“Earning a place on CDP’s A List is a significant milestone for Atlantic Packaging as we continue to strategically reduce our company’s environmental impact within the global packaging supply chain,” said Atlantic Packaging President Wes Carter. “Our efforts are guided by a regenerative vision for the future of our planet, and we understand that we must set a strong example through an internal commitment to environmental ethics. Atlantic will continue to remain adaptable to new technologies and systems that seek to solve environmental challenges, while encouraging other companies to join our efforts.”
Acknowledging its unique position in the supply chain, Atlantic continues to recognize its obligation to do its part in keeping global temperatures from rising 1.5°C above pre-industrial levels. Recent achievements include becoming the first packaging company in North America with an approved net-zero target from the Science Based Targets initiative as well as launching A New Earth Project, a global effort that advocates for scalable and sustainable packaging solutions to help eliminate plastic pollution from the world’s oceans, lakes, and rivers.
Additionally, Atlantic continues to implement climate-smart strategies across key areas including renewables for logistics and material handling, energy efficiency in lighting, and zero-waste facilities. As part of an ongoing commitment to influencing its value chain, Atlantic has also been one of 20 brands enrolling key suppliers in the Supplier Leadership on Climate Transitions (S-LoCT) program, a knowledge platform and brand collaborative that aims to collectively reach net-zero emissions by 2050.
Sherry Madera, CEO of CDP, said: “Congratulations to all the companies on CDP’s A List, and those companies that started or accelerated their journey towards environmental transparency in 2023 – we saw a 24% increase of disclosures last year and that trajectory is to be applauded. It is only by laying the groundwork of disclosure that companies can show they are serious about the vital part they play in securing a net-zero, nature-positive future.
Earning a place on the A List is about more than the score. It’s an indication of high-quality, complete data that equips companies with a holistic view of their environmental impact, serves as a baseline for transition plans, and – crucially – enables them to follow through on their ambitions. As we move deeper into the decade of action, and as CDP continually raises the bar for what represents environmental leadership, the work of A List companies is never complete. We look forward to seeing all companies turn their commitments into further and more meaningful and effective action.”