Since the successful SBTi (Science Based Targets initiative) validation of short-term and long-term climate targets within the Panther Group in October 2024, efforts to achieve our own sustainability targets have been making steady progress. The scientific methods formally confirm that limiting global warming to a maximum of 1.5°C compared to pre-industrial levels will be achieved.
The first talks with the largest paper suppliers on the commitment adopted by the Panther Group took place back in 2022. Among other things, the dialogue indicated the suppliers' contribution to the CO2 footprint in Scope 3 of the Panther mills. Strategies and measures jointly discussed and defined at top management level within this supply chain have since served as the basis for how suppliers can make their sustainable contribution to achieving the Panther Group's goals.
In 2024, the Panther Group was once again able to reduce CO2 emissions in Scope 1 plus Scope 2 by 6.22% compared to the previous year and thus once again significantly exceed the SBTi commitment to reduce emissions by 4.2% per year. Overall, the Group is therefore well on track to achieve the SBTi CO2 reduction of 58.5% set in this area compared to the base year 2019.
This makes Panther Packaging GmbH & Co. KG is the first corrugated board producing and processing group in Germany and the fifth company in Europe and worldwide to achieve a successfully validated net zero 1.5°C target in the ‘Forest and Paper Products - Forestry, Timber, Pulp and Paper, Rubber’ sector. And it is the first corrugated board company worldwide to fulfil all SBTi targets (near-term, net-zero and FLAG targets).
Everything is put to the test for the important goals
As CO2 reduction and the associated topic of energy saving are playing an increasingly important role, the Panther Group has decided to massively expand the consumption measurement system that was already installed in all of the Group's operating plants in 2007. To this end, the company invested in state-of-the-art software for measuring consumption, which is used in the automotive industry worldwide. In addition to the existing recording of natural gas, electricity and fresh water consumption at all of the Group's main consumers, the medium compressed air will also be recorded in future. It was also decided to massively increase the number of measuring points for all supply media from the original 308 to a future total of 611 measuring points within the Group as part of the expansion measures. In this way, even supposedly small but important optimisation and energy-saving opportunities can be exploited. The new energy recording system makes it possible to obtain an up-to-date overview of energy and fresh water consumption in all plants in real time. The new software can also be used to automatically send information and measures to the relevant departments in the event of fault reports and significant energy over-consumption so that corrective action can be taken immediately in the faulty processes.