Amcor PLC

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Governments have an important role to play in providing waste management and recycling services as a public good. Effective policies are needed to support recycling, waste management, climate impact and other issues. Because of this, it is essential to ensure legislators and regulators have the information they need to deliver policy solutions that achieve the intended outcomes. Amcor's advocacy and public policy efforts focus on empowering this audience with science and research to support their policymaking activities. We aim to ensure policy is focused on delivering successful waste management and recycling infrastructure. Across our global business, Amcor monitors the emerging policy landscape and engages in advocacy activities as necessary to ensure proposed policy solutions are effective, transparent and fair. We and other members of the packaging value chain have a role to play in advocating for policies that allow for innovation and competition in a resource-efficient manner, while addressing waste, climate change and other environmental impacts. We engaged in strategic advocacy work throughout FY24 to promote a regulatory environment that supports packaging sustainability and circularity objectives. Our advocacy campaign was carried out through industry organizations and trade associations, as well as through direct engagement with governments and institutions. For example, our Rigid Packaging business in North America actively engaged with local, state and federal elected officials to discuss the importance of recycling and hosted visits at six plants throughout the United States to emphasize the importance of a circular economy for packaging. [...] In March 2022, the United Nations Environmental Assembly decided to work toward an international legally binding instrument to end plastic pollution. The Intergovernmental Negotiation Committee (INC) on Plastic Pollution was tasked with developing this instrument, beginning its work during the second half of 2022. Amcor is proud to have been present at all four sessions of the INC negotiations, where we worked with our industry partners and the Business Coalition for a Global Plastics Treaty to represent the perspectives of a packaging industry committed to developing a circular economy for packaging. We will continue to engage in these discussions until the INC negotiation process is completed. We look forward to continuing to support the implementation of an effective treaty that will help reduce plastic pollution. No Amcor funds or assets were used for political contributions in FY24, nor were there any requests for Board approval to make a political contribution.

Describe the process(es) your organization has in place to ensure that your engagement activities are consistent with your overall climate change strategy[…]Our sustainability initiatives are centrally coordinated by Amcor's Vice President of Sustainability, who reports to the Chief Commercial Officer. A Sustainability Steering Committee - consisting of functional leaders from across the business, including Amcor's Chief Executive Officer (CEO), C-suite leaders, and representatives from sustainability, investor relations, communications, and Business Group leadership teams - supports this role in an advisory capacity. Sustainability Steering Committee members meet regularly to provide feedback on new initiatives to advance Amcor's sustainability strategy, including topics such as long-term GHG emission reduction goals, climate change mitigation and adaptation strategies, strategic partnerships, and goals related to the sustainability of our product portfolio. Amcor's CEO, who also holds a position on the board of directors, is actively involved in Sustainability Steering Committee discussions and strategic planning activities. Through the Sustainability Steering Committee, he also provides feedback on our annual sustainability report throughout the development process and holds the final sign-off on each year's report. Sustainability updates are separately shared with the full board of directors at every board meeting. During these updates, board members review and advise on proposals put forth by the Sustainability Steering Committee regarding Amcor's short-, medium-, and long-term sustainability strategy.

Responsibility for the implementation of sustainability initiatives at Amcor is shared between a global sustainability team and Business Group-level sustainability teams. Together, these groups comprise Amcor's Sustainability Leadership Council (SLC), which coordinates sustainability activities across the company and promotes the sharing of information, ideas, and feedback. This group formally meets once monthly to review and coordinate on a range of internal and external initiatives. The SLC also regularly updates Amcor's Business Group Management Teams on progress toward sustainability goals through quarterly business reviews that cover topics including waste, energy, water, raw materials, sourcing activities, and design for recyclability. The Sustainability Steering Committee supports the SLC in an advisory capacity.

Describe the process(es) your organization has in place to ensure that your external engagement activities are consistent with your climate commitments and/or climate transition plan?[…]Governments have an important role to play in providing waste management and recycling services as a public good. It is essential to ensure legislators and regulators have the information they need to make sound and effective policy decisions in support of these goals. As governments become more active in this space, it is important that they work with the whole packaging value chain to deliver policy solutions that are effective and deliver the intended outcomes.