Business
O-I Glass Announces New Ambitious 2030 Sustainability Goals
NORTHAMPTON, MA / ACCESS Newswire / March 28, 2025 / O-I Glass: Glass is already the most sustainable packaging material. Now, we're taking bold steps to further support its circularity and decarbonization by elevating our 2030 sustainability goals. ...
About this update from O-i Glass, Inc.
[{"type":"text","content":"NORTHAMPTON, MA / ACCESS Newswire / March 28, 2025 / O-I Glass:","length":63,"tagName":"p"},{"type":"text","content":"Glass is already the most sustainable packaging material. Now, we're taking bold steps to further support its circularity and decarbonization by elevating our 2030 sustainability goals.","length":189,"tagName":"p"},{"type":"text","content":""2025 is going to be a milestone year for O-I in sustainability," said Chief Administrative and Sustainability Officer Randy Burns at O-I's Investor Day on March 14, 2025. "This year, we are going to hit many of our sustainability goals that we initially set for 2030. Today, we will unveil a new set of even more ambitious sustainability goals."","length":370,"tagName":"p"},{"type":"text","content":"This accomplishment marks a pivotal moment for the company. Even as O-I focuses on radically reducing enterprise costs, we're raising the bar with updated sustainability targets for 2030, with 2019 as the baseline year.","length":223,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"47% reduction in GHG emissions","length":30,"tagName":"p"}]},{"val":[{"type":"text","content":"80% use of renewable electricity","length":32,"tagName":"p"}]},{"val":[{"type":"text","content":"60% use of cullet (recycled glass) on average","length":45,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":107,"olType":false},{"type":"text","content":"These elevated goals not only put O-I on par with our competitors' stated goals but also align with a 1.5-degree pathway.","length":125,"tagName":"p"},{"type":"text","content":"Achieving Our Goals","length":19,"tagName":"p"},{"type":"text","content":"Our updated goals represent a significant increase from our previous targets. Specifically, we are raising our GHG emissions reduction goal from 25% to 47%, our renewable electricity goal from 40% to 80%, and our average cullet usage goal from 50% to 60%.","length":255,"tagName":"p"},{"type":"text","content":"To achieve these ambitious targets, we'll leverage several key strategies:","length":78,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Renewable Electricity: A substantial portion of our GHG reduction will come from increasing our use of renewable electricity. We primarily purchase Renewable Electricity Certificat...