Siegwerk has just launched “HorizonNOW 2030”, the next phase of its sustainable business agenda. 

Building on the HorizonNOW strategy introduced in 2021, the updated agenda defines new ambitious and measurable goals to be achieved by 2030. This strategy reinforces sustainability as a key pillar of Siegwerk’s overall business strategy.

With “FORMULA 2030,” the company recently unveiled its updated strategic agenda for the next five years, which aims, among other things, to further integrate responsible practices throughout the value chain. 

“Sustainability is an integral part of how we create value, which reinforces the competitiveness of our customers and partners,” said Nicolas Wiedmann, CEO at Siegwerk. “HorizonNOW 2030 now connects every step of our business to a sustainable packaging future and supports our ambition to grow responsibly while enabling holistic sustainable packaging innovation.”

HorizonNOW 2030 systematically embeds sustainability in the areas of procurement, operations, and product innovation. All with the strategic goal of maintaining its leading position as enabler of sustainable packaging and making “sustainable packaging enabled by Siegwerk” a clear value proposition and differentiator for customers worldwide.

The agenda is structured around three key areas and eight measurable goals to be achieved by 2030: Sustainable Procurement, Operations, and Products.

Under Sustainable Procurement, the company aims to reduce high-risk suppliers by 95% (2024 baseline) and reduce scope 3 emissions by 25% (2020 baseline).

Under Sustainable Operations, Siegwerk aims to reduce climate scope 1 & 2 emissions by 60% (2020 baseline), reduce waste by 10% relative to produced volumes (2024 baseline), achieve Total Incident Rate (TIR) below 1.0, and increase female representation in leadership roles to 30%.

As for Sustainable Products, the company aims to maure sure 65% of products sold enable circular packaging (by volume) and establish a data-backed sustainable product assessment covering circularity, carbon footprint and product safety.