AGI Greenpac today partnered with PricewaterhouseCoopers (PwC) to strengthen and streamline its Environment, Social and Governance (ESG) goals to deliver on the company’s longstanding commitment to being a responsible and environmentally-conscious business, according to a statement from AGI Greenpac.
Under the partnership, PwC will offer ESG professional services and help AGI Greenpac to innovate, develop and implement new management systems that meet and exceed compliance across environmental and safety aspects relating to all business operations and activities. The company will be working on a set of ESG-related improvement initiatives such as carbon footprint reduction, raw material sourcing, labour management, chemical safety, board diversity, remuneration, ownership and reporting, among others, notified the statement.
It also said that to build a comprehensive ESG strategy and implementation plan, AGI Greenpac wants to understand the current ecosystem better, evaluate existing market practices and take steps to minimise and delete the gaps in the company. PwC has tailored the ESG strategic framework to deliver a diagnostic benchmarking study for AGI Greenpac, to drive growth by identifying gaps and designing a roadmap to meet customer and stakeholder expectations. As AGI Greenpac continues to drive its expansion plans, the company’s environmental impact remains a key priority. It aims to minimise its carbon footprint and increase the use of renewable energy by 2030.
Further, according to the statement, the company has installed a wastewater recycling and Reverse Osmosis (RO) plant and uses renewable energy sources in the manufacturing process across businesses. Additionally, under its brand AGI Glaspac, it plans to use 35 per cent recycled glass in its production. The company has also invested in an Electrostatic Precipitation System to monitor and reduce Nitrogen Oxides (NOx) and Sulfur Oxides (SOx) exhaust from the chimneys. Under its sustainability goals, the company aims to minimise its carbon footprint and use substantial renewable energy by 2030.