{"id":953651,"date":"2026-04-22T08:55:06","date_gmt":"2026-04-22T12:55:06","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/greif-commits-to-science-based-targets-initiative-and-releases-17th-annual-sustainability-report\/"},"modified":"2026-04-22T08:55:06","modified_gmt":"2026-04-22T12:55:06","slug":"greif-commits-to-science-based-targets-initiative-and-releases-17th-annual-sustainability-report","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/greif-commits-to-science-based-targets-initiative-and-releases-17th-annual-sustainability-report\/","title":{"rendered":"Greif Commits to Science Based Targets Initiative and Releases 17th Annual Sustainability Report"},"content":{"rendered":"

\nDemonstrating continued climate leadership, innovation, and measurable sustainability progress
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DELAWARE, Ohio, April 22, 2026 (GLOBE NEWSWIRE) — Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, today announced that it has formally committed to the Science Based Targets initiative (SBTi), marking a significant milestone in the company\u2019s long-standing approach to climate action and emissions reduction. The company also released its 17th annual Sustainability Report, highlighting 2025 progress in advancing its responsible business practices and long-term value creation.<\/p>\n

\n Advancing Toward Science-Based Net-Zero Targets<\/strong>
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Through its SBTi commitment, Greif will develop science-based near-term and long-term greenhouse gas emissions reduction targets, including Scope 3 value chain emissions reduction targets, in accordance with the SBTi Net-Zero Standard. Once finalized, the company will submit these targets to the SBTi for independent validation. Greif will announce its validated targets following completion of the review process.<\/p>\n

The commitment builds on a climate program that is embedded across operations and extended through its value chain and represents the fifth generation of climate targets established since 2007. Over nearly two decades, the company has consistently met its prior targets, underscoring a track record of disciplined execution, transparency, and accountability in managing its environmental impact.<\/p>\n

Ole Rosgaard, President and Chief Executive Officer of Greif, said the announcement reflects both continuity and progress in the company\u2019s climate strategy. \u201cGreif has been actively working to reduce its environmental footprint for many years. Committing to the Science Based Targets initiative reinforces our focus on credible, science-based climate action and supports our customers, partners, and other stakeholders as they pursue their own climate and sustainability goals.\u201d<\/p>\n

\n Delivering Measurable Progress in 2025 Sustainability Report<\/strong>
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This commitment is complemented by the release of Greif\u2019s 17th<\/sup> annual Sustainability Report<\/a>, which details the company\u2019s progress and performance over the past year. The report demonstrates continued advancement in climate action and circular economy solutions, including the activation of a <\/strong>virtual power purchase agreement (VPPA)<\/strong><\/a> supporting solar energy in Spain and new on-site solar installations in Costa Rica and China.<\/p>\n

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\n Additional highlights from the report include:<\/strong>\n <\/p>\n