Verescence publishes its 2019-2020 Sustainability Report

23th September 2020

verescence announced the publication of its 2019-2020 Sustainability Report. This third report presents the progress made as part of its strategy for RSC 'Glass Made to Last'.

Verescence confirmed its excellent CSR results in 2019, receiving the Gold level rating in the EcoVadis evaluation for the second year in a row. The Group has also obtained a B score on the CDP for reducing GHG emissions and water management. Verescence continues its efforts in eco-efficiency through its incorporation into SBTi, in order to structure a long-term approach to reducing its emissions and energy consumption, aligned with the recommendations of the scientific community.

Thomas riouVerescence CEO said: “We can be proud of the progress made in 2019, which confirms the relevance of our 'Glass Made to Last' approach. A solid CSR strategy that is now fully integrated into our overall strategy, with sustainability at the heart of our corporate project 'Verescence 2022 - Forming the Future'. Today, more than ever, CSR performance is essential throughout our value chain to combine the growth of our activity and the reduction of our environmental impact ”.

The three pillars of Verescence's 'Glass Made to Last' CSR strategy are: People First, Act for Society and Eco Solutions. Among the 2019 highlights at Eco Solutions, Verescence realized its commitment to phase out solvent-based solutions from all of its finishing factories; its CO2 emissions (Scope 1 and Scope 2) decreased by 2,4%, while its production increased in the same period; they have been rated as "B" by CDP in both Climate Change and Water Safety; participate in the project "Furnace of the future", a key milestone for the industry towards climate neutral glass containers; saw a 130% increase in bottles produced from Verre Infini® NEO and are developing a new high-end recycled glass offering.

The report is published in accordance with the Global Reporting Initiative's Basic Reporting Guidelines (cf. Gri-G4). In line with its commitment to transparency and objectivity, Verescence's third CSR report and the data used to achieve it have been evaluated by an independent third party (KPMG).

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