Silverstream Business Park, Monaghan, Ireland

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Carbon Reduction Plan

Publication Date: 05/11/2026

Commitment to Achieving Net Zero

Versatile Packaging is committed to achieving Net Zero emissions by 2050.

Baseline Emissions Footprint

Baseline emissions are a record of the greenhouse gases that have been produced in the past and prior to the introduction of any strategies to reduce emissions. Baseline emissions are the reference point against which emissions reductions can be measured.

Baseline Year: 2025

Additional Details Relating to the Baseline Emissions Calculations

Scope 1 and Scope 2 emissions were calculated in line with GHG Protocol methodology.

EmissionsTotal (tCO₂e)
Scope 1207
Scope 213
Scope 31,392
Total Emissions1,612

Scope 3 emissions include:

Current Emissions Reporting

Reporting Year: 2025

EmissionsTotal (tCO₂e)
Scope 1207
Scope 213
Scope 31,392
Total Emissions1,612

Scope 3 emissions include:

Emissions Reduction Targets

In order to continue our progress towards achieving Net Zero, we have adopted the following carbon reduction targets.

We project that carbon emissions will decrease over the next five years to 161 tCO₂e by 2030. This represents a 10% reduction against our 2025 baseline and forms part of our long-term commitment to achieving Net Zero by 2050.

Carbon Reduction Projects

Completed Carbon Reduction Initiatives

The following environmental management measures and projects have been completed or implemented since the 2025 baseline. The carbon emission reductions achieved by these schemes equate to 5.5 tCO₂e, representing a 0.5% reduction against the 2025 baseline. These measures will remain in effect when performing future contracts.

Future Carbon Reduction Initiatives

In the future, we hope to implement further measures, including:

Declaration and Sign-Off

This Carbon Reduction Plan has been completed in accordance with PPN 06/21 and the associated guidance and reporting standard for Carbon Reduction Plans.

Emissions have been reported and recorded in accordance with the published reporting standard for Carbon Reduction Plans and the GHG Reporting Protocol Corporate Standard and use the appropriate Government emission conversion factors for greenhouse gas company reporting.

Scope 1 and Scope 2 emissions have been reported in accordance with SECR requirements (where applicable), and the required subset of Scope 3 emissions have been reported in accordance with the published reporting standard for Carbon Reduction Plans and the Corporate Value Chain (Scope 3) Standard.

This Carbon Reduction Plan has been reviewed and signed off by the Board of Directors (or equivalent management body).

Signed on Behalf of the Supplier

Versatile Packaging

References

  1. https://ghgprotocol.org/corporate-standard
  2. https://www.gov.uk/government/collections/government-conversion-factors-for-company-reporting
  3. https://ghgprotocol.org/standards/scope-3-standard