The global leader in luxury glass packaging for the beauty industry, publishes its 2022-2023 Sustainability Report, approved by independent third-party KPMG. This sixth report highlights the progress made by Verescence in its fundamental pillars: People First, Act For Society, and Eco Solutions, as part of its GLASS MADE TO LAST program.
“The significant advances made by Verescence, as illustrated in this sixth sustainability report, have only been possible thanks to robust governance and a solid performance system,” said Thomas Riou, CEO of Verescence in a statement. “Our efforts were once again recognized in 2022 by EcoVadis, which awarded us its Platinum medal, as well as by CDP, which awarded us a double ‘A’ rating for our leadership in climate action and water management.”
Reduction of carbon emissions
Among the report’s key highlights, we can note that Verescence has reduced its CO2 emissions (scopes 1 & 2) by 20% since 2017, and its decarbonization plan for 2019-2034 has been approved by the Science Based Targets initiative (SBTi) based on the WB2C scenario.
Verescence also says it recycles 98% of the water used in its industrial processes through closed-loop systems on its sites and also highlight to have reduced water withdrawals by 50% since 2017.
Furthermore, 91% of the waste is recycled while 62% of the bottles are produced from post-consumer recycled glass (PCR).
Beyond environmental issues, Verescence maintains a lost-time accident frequency rate below 5, which is 2.5 times lower than the industry average, and the company has achieved gender parity in hiring, with 52% of new recruits being women, including positions in production, quality, molding, and maintenance.
The 2022-2023 Sustainability Report is available for download on the company’s website: here.
