Consumer Discretionary
Amcor plc (AMCR)
Data as of July 13, 2026
Environment story
Amcor demonstrates commitment to sustainability through science-based net-zero targets validated by SBTi (net zero by 2050), but lacks full operational transparency on Scope 1&2 emissions reduction and Scope 3 supply-chain decarbonization. Company has set ambitious recycled-content targets (30% by 2030) and invested in in-house recycling operations via Berry merger, but greenwashing risk exists due to heavy reliance on offset mechanisms and undefined emission reduction specifics. No major environmental controversies documented in filings, though water and waste management practices in 210+ facilities require ongoing audits.
Criticisms on file
No material criticisms on file for this pillar.
Disclosed initiatives
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Science-Based Targets (SBTi Validation)Near-term and net-zero science-based targets validated by Science Based Targets initiative in fiscal 2024; targets being re-baselined post-Berry merger for submission in early fiscal 2026.Establishes credible decarbonization pathway; however, 2050 net-zero target is late-stage (not pre-2035).
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EnviroAction ProgramMulti-decade program focused on energy, GHG emissions, water, and waste reduction across manufacturing locations; includes decarbonization roadmap with five key levers: renewable electricity, supply-chain footprint reduction, recycled materials, product redesign, operational efficiency.Operational improvements documented; scope and quantified impact not fully disclosed.
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Recycled Content CommitmentIncreased target from prior commitment to 30% recycled materials by 2030; pledged in November 2022 to increase use of recycled content.Positive; demonstrates material circularity focus; Berry merger added in-house recycling operations.
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Responsible Packaging & 2025 PledgeJanuary 2018: committed all packaging designed to be recyclable, compostable, or reusable by 2025. Focuses on product innovation, consumer participation, waste management infrastructure.Addresses circular economy; execution on consumer participation and infrastructure not quantified.
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Innovation & R&D InvestmentApproximately $180 million annually on R&D post-Berry merger; 1,500+ R&D professionals; 7,000+ patents, designs, and trademarks; global Innovation Centers focused on sustainable material science.Supports decarbonization and material innovation; no direct operational emission reduction claim.
Social story
Amcor reports strong health and safety culture (TRIR 0.27 in FY2025; 68% sites injury-free 12+ months) and benefits from union-neutral posture (~37% workforce covered by collective bargaining; no documented union-suppression activities or major strikes in past 24 months). However, CEO-to-median-worker pay ratio undisclosed, limiting assessment of pay equity. Leadership diversity metrics not fully transparent in filed documents; diversity commitment articulated but specific percentages for women/underrepresented groups in executive and board roles not quantified. Supply-chain human-rights audits not detailed; cobalt/lithium exposure minimal given packaging focus but warrants verification. Approximately 77,000 employees post-merger; regional diversity noted but granular demographic data absent.
Criticisms on file
No material criticisms on file for this pillar.
Disclosed initiatives
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Health & Safety CultureSafety core value; global EHS programs and standards; FY2025 TRIR 0.27; 68% of sites injury-free for 12+ months; commitment to injury-free culture.Industry-leading safety metrics; demonstrates systematic EHS management.
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Human Capital StrategyEmphasis on leadership development, succession planning, employee engagement, inclusion as drivers of resilience; focus on purpose-driven, high-performing, inclusive culture.Framework established; quantified outcomes on retention and diversity not disclosed.
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Collective Bargaining Engagement37% of workforce covered by collective bargaining; active management of contract renewals; ~4% under expired agreements.Indicates collaborative labor relations; no union-hostile stance documented.
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Regional Workforce Diversity77,000 employees post-merger; ~38% North America, ~35% EMEA, ~12% Latin America, ~15% Asia Pacific.Geographic distribution disclosed; demographic representation (gender, race/ethnicity) not transparently reported.
Governance story
Amcor maintains a board structure with 11 directors and stated independence commitment, though exact board independence percentage not explicitly disclosed in provided excerpts (target >80% not confirmed). Four Berry-designated directors appointed April 30, 2025 per merger agreement; no dual-class supermajority structure identified. Lobbying expenditures and climate-advocacy alignment not detailed in filings; no active climate-deregulation lobbying documented. No significant antitrust, consumer-safety, or financial-fraud regulatory proceedings reported. Audit Committee governance framework established; related-party transactions none meeting Item 404 threshold in FY2025. Risk governance and oversight of ESG, cybersecurity, human capital noted; Sarbanes-Oxley 404(b) attestation filed. Board refreshment and shareholder engagement mechanisms in place.
Criticisms on file
No material criticisms on file for this pillar.
Disclosed initiatives
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Board Composition & Refresh11 directors; four Berry-designee directors appointed April 30, 2025 per merger agreement; Graeme Liebelt (Chairman), Stephen E. Sterrett (Deputy Chairman); Nominating & Corporate Governance Committee manages director selection; shareholder recommendation process established.Active board refreshment post-merger; governance continuity maintained.
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Risk Management & OversightBoard oversight of ESG matters, cybersecurity risk, human capital management, strategic initiatives; Risk Management and Strategic Oversight agenda items identified.Documented governance framework; execution effectiveness not independently verified.
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Related-Party Transaction PolicyAudit Committee reviews and approves all related-party transactions; materiality and business purpose assessed; no qualifying transactions in FY2025.Robust governance mechanism; zero FY2025 violations indicates compliance.
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Shareholder EngagementBoard provides process for shareholders to communicate; Nominating & Corporate Governance Committee considers shareholder-recommended director candidates; proxy statement includes say-on-pay and frequency votes.Transparent engagement channels established; shareholder advisory votes non-binding but considered.
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Sarbanes-Oxley 404(b) ComplianceIndependent registered public accountant attestation on internal control effectiveness filed; large accelerated filer status.Financial reporting controls independently audited; robust compliance framework.
These are Missionomics' own editorial scores — directional signals built from disclosed facts under a published method, not certifications or definitive ratings of Amcor plc. Coverage and confidence vary by data point, and figures can lag real-world changes. Read the full Methodology for sourcing, scoring, and correction details — or open Amcor plc in the app for interactive charts and portfolio building.
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