Huhtamaki Oyj 2023 AR2
The report outlines Huhtamaki's progress in 2023, highlighting the launch of its updated 2030 growth strategy and three breakthrough mono-material flexible packaging solutions under the blueloop brand. The company achieved a 26.3% reduction in absolute Scope 1 and 2 greenhouse gas emissions compared to the 2019 base year, nearing its science-based target. Additionally, Huhtamaki expanded its paper cup recycling initiative, The Cup Collective, to Dublin and increased its share of renewable electricity to 41.7%. Despite volatile market conditions, the company maintained a strong EBIT margin of 9.4% and generated EUR 321 million in free cash flow.
Company: Huhtamaki Oyj
Sector: Materials
Country: Finland
Year: 2023
Type: AR2
Pages: 212
Huhtamaki Oyj
Annual Report
The report outlines Huhtamaki's progress in 2023, highlighting the launch of its updated 2030 growth strategy and three breakthrough mono-material flexible packaging solutions under the blueloop brand. The company achieved a 26.3% reduction in absolute Scope 1 and 2 greenhouse gas emissions compared to the 2019 base year, nearing its science-based target. Additionally, Huhtamaki expanded its paper cup recycling initiative, The Cup Collective, to Dublin and increased its share of renewable electricity to 41.7%. Despite volatile market conditions, the company maintained a strong EBIT margin of 9.4% and generated EUR 321 million in free cash flow.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Renewable Energy
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Employees