GlobeNewswire·Oct 13, 2026, 8:00 AM ET

Greif Emissions Reduction Targets Validated by SBTi

Greif Inc. announced that its greenhouse gas emissions reduction targets have been validated by the Science Based Targets initiative (SBTi).
The validation follows a commitment made in April 2026 to set science-based targets across the company's operations & value chain.
Using fiscal 2024 as the baseline, Greif aims to reduce absolute Scope 1 & 2 emissions by 30% by fiscal 2030.
The company also targets a 17.5% reduction in absolute Scope 3 emissions by fiscal 2030.
A long-term goal is set to reduce absolute Scope 1, 2, & 3 emissions by 90% by fiscal 2050.
SBTi validation confirms the targets meet established science-based criteria while advancing Greif's "Protect Our Future" mission.
Greif is developing a decarbonization plan to translate commitments into action, with completion expected by the end of the fiscal second quarter.
The company will focus on building a practical roadmap, measuring progress, & collaborating with customers & suppliers to reduce emissions.