Amcor sets new environmental targets to cut gas emissions, water use, waste

HAWTHORN, Australia, June 6, 2011 (Press Release) - Amcor today announces new reduction targets for greenhouse gas emissions, water use and waste to landfill.

Using FY 2010/11 as the baseline year, Amcor's new environmental targets are:

• 10% reduction in greenhouse gas emissions intensity by FY 2015/16
• 50% reduction in waste to landfill intensity by FY 2015/16.
• 25% reduction in potable water use intensity at Amcor's Australian sites by FY 2015/16 and having active water management plans in place at all other sites by the end of 2011.

In addition to the new short term targets, Amcor will continue with the long term emissions reduction target of 60% by FY 2029/30, using the baseline year of FY 2005/06.

Greenhouse gas emissions, include scope 1 & 2 and scope 3 and are reported against the ISO 14064 Greenhouse Gas Reporting Standard.

Progress against targets is reported annually in Amcor's sustainability report, which is assured by an independent third party. Environmental data is also supplied on an ongoing basis to third parties for indices such as the Carbon Disclosure Project and the Dow Jones Sustainability Index.

"As the world's largest packaging company, we have the opportunity to take the lead on packaging sustainability. Our approach to sustainability continues to evolve and move beyond compliance and operational efficiencies to one that will drive sustainability across the supply chain of packaged goods," said Ken Mackenzie, Amcor's Managing Director and CEO.

Amcor has been recognised as a sustainability leader, being the only packaging company in the Dow Jones Sustainability Asia Pacific Index as well as being included in both the Carbon Disclosure Project Leadership Index (Aus &NZ) and the FTSE4Good index.