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Edgewell lowers GHG emissions by 23.5% in 2023: Report

26 Jun '24
3 min read
Edgewell lowers GHG emissions by 23.5% in 2023: Report
Pic: Edgewell

Insights

  • Edgewell Personal Care Company has reduced greenhouse gas emissions by 23.5 per cent from its FY19 baseline (Scope 1 and 2) in fiscal 2023, exceeding its energy and water reduction goals ahead of schedule.
  • The company's sustainability report highlights progress across brands, operations, and supply chain towards its Sustainable Care 2030 commitments.
Edgewell Personal Care Company has reduced greenhouse gas (GHG) emissions by 23.5 per cent in fiscal 2023 versus FY19 baseline (Scope 1 and 2), as per its 2023 Sustainability Report, which details the sustainability progress the company has made over the past year in its efforts to enable the business to 'Move Forward'.

The report outlines key actions and progress in advancing the company's Sustainable Care 2030 commitments across its brands, operations and supply chain, as well as through supporting its teammates and communities around the world.

The company exceeded its 10 per cent energy reduction goal by 2030 ahead of schedule, reducing energy use by 11.3 per cent against FY19 baseline. Edgewell achieved its 5 per cent water reduction goal by 2030 ahead of schedule, reducing water use by 5.2 per cent against FY19 baseline.

"With the launch of this year's report, I continue to have an optimistic outlook on our company's growth strategy and sustainability journey. I am pleased to say that our business continues to deliver consistent, structural top-line growth, fueled by a stronger portfolio of brands and underpinned by the strides we have made across brand building, product innovation, retail execution and e-commerce activation. Sustainability is one of the most important topics facing our global future and equally important is the vibrant culture and people that make up our organisation,” Rod Little, CEO of Edgewell Personal Care, said.

The company has been recognised as a climate leader in America in USA Today's ranking of American companies that have achieved the greatest reductions in core GHG emissions intensity. It also ranked #2 out of 400 companies listed on Forbes America's Best Midsize Employers in 2024 — first time being listed and a testament to its commitment to being a people-first employer, the report stated.

“Being named as the Forbes #2 Best Midsize Company to work for in America, we take our purpose, values and behaviours seriously and continue to live by them and work together to make our community a positive and supportive one. By continually striving to work toward our sustainability commitments throughout the business and wherever possible, we demonstrate our dedication and commitment to doing our small part to care for our planet and I am confident that Edgewell will continue to make progress moving forward,” added Little.

Edgewell also continued to make notable advancements through product and packaging innovation. Its sun care brand, Banana Boat, launched a disruptive packaging innovation in the sunscreen category – the Banana Boat 360 Coverage Sunscreen Mist. The new suncare innovation features a reusable sprayer, with corresponding refill bottles that contain 25 per cent post consumer recycled (PCR) plastic and are recyclable where recycling facilities exist.

"At Edgewell, we are dedicated to Moving Forward. Throughout FY23, our passionate teammates across the globe have continued to bring this sentiment to life — whether through evolving products that inspire moments of consumer joy or embracing opportunities to reduce waste, emissions, energy use and water consumption. I am so proud to see how engaged our teammates are in pushing our Sustainable Care 2030 strategy onward, collectively delivering progress against our goals, ambitions and vision. I am proud of what we've accomplished so far, and know we have a bright future ahead of us on our sustainability journey,” Amy Knight, vice president of Global Sustainability, said.

Fibre2Fashion News Desk (RR)

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