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O-I Glass Inc DE

For the period ended May 15, 2024. Filed Apr 5, 2024.

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About this filing

What shareholders are asked to vote on at a company's meeting. It is where to find what directors and top executives are paid, and who owns the most shares.

May 15, 2024 · Filed Apr 5, 2024

OI$5.17-4.1%Stored close · as of Nov 6, 2026
See the whole filing, with its images and exhibits
Contents

Our Commitment to a Sustainable Future

​​O-I SUSTAINABILITY GOALS​​
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​We are in continuous pursuit of 10 sustainability goals driven from a global leadership level. Our goals are purposefully ambitious and aspirational because it’s what drives innovation and transformation. We see the fundamental role that businesses have in collectively achieving the 17 United Nations Sustainable Development Goals (“SDGs”) and therefore, we have aligned our goals to the SDGs we believe are most relevant to our business. We believe empowering our people under a broader sustainability umbrella with a more global reach will enhance our efforts to make progress toward our sustainability goals and SDG alignment. Our baseline is 2017 unless otherwise noted.​
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​Increase recycled content to 50% average by 2030. O-I is taking a tailored approach to increase recycled content rates across its enterprise network as rates vary significantly by geography.​​Reduce the amount of natural resources used and reduce the generation of waste by reusing and recycling as we drive towards a Zero Waste organization.​
​50%RECYCLED CONTENT​​ZEROWASTE​
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​As part of our journey toward zero injuries, we are committed to a 50% improvement of our Total Recordable Incident Rate (“TRIR”) by 2030.​​We are committed to reducing our global water usage 25% by 2030, prioritizing operations in higher risk areas.​
​50%IMPROVEMENT​​25%WATER REDUCTION​
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​Renewable energy is a pillar in our strategy to lower carbon emissions. Our goal is to reach 40% renewable electricity use and a reduction of total energy consumption by 9% by 2030.​​Reinvent and re-imagine glassmaking– where the circularity of glass meets the potential of our MAGMA melting technology, low-carbon alternative fuels, and light-weighted glass packaging.​
​40%RENEWABLES​​R&DTRANSFORMATION​
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​We see tremendous opportunity to positively impact the planet and communities where we operate. We will collaborate with customers, NGOs, suppliers and local leaders to make glass recycling available in 100% of our locations.​​Approved SBTi target to reduce GHG emissions 25% by 2030 (interim target of 10% by 2025).​
​SOCIALIMPACT​​25%GHG REDUCTION​
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​At O-I, we are better when we reflect the diverse world we serve, feel welcome, and have equal access to opportunities. We are focused on increasing all aspects of diversity, equity and inclusion across our team.​​Achieve sustainability balance, together, by aligning our supply chain with our 2030 sustainability vision and goals.​
​DIVERSITYEQUITY & INCLUSION​​SUPPLY CHAINSUSTAINABILITY​
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O-I GLASS, INC. 2024 PROXY STATEMENT2

Our 2023 Sustainability Report Update shows the progress we’re making and outlines our roadmap and goals. Join us as we continue our transformation in 2024.

Advancements in Sustainability Reporting

As O-I continues our sustainability transformation, significant acknowledgments highlight our progress. O-I was recognized by Sustainalytics for managing our ESG risks with a “low risk” score. Sustainalytics is a provider of analytical environmental, social, and governance research, rating, and data to institutional investors and companies.

O-I currently holds a gold medal sustainability rating by EcoVadis, a trusted provider of business sustainability ratings, intelligence, and collaborative performance improvements for tools for global supply chains. Additionally, O-I maintained B scores in both Climate Change and Water Security categories through CDP.

Our vision at O-I for a sustainable future is here, today. Our sustainability ambitions for today and tomorrow are grounded in the same resiliency created by our foundational commitment to innovation and transformation of our products, processes, and relationships with our stakeholders. This recognition is an acknowledgment of achieving balance across this ecosystem and will be a driving force for creating an organization designed for the long term modeled on this evolving balance.

Neither our 2022 Sustainability Report, 2023 Sustainability Report Update, nor any other information contained on our website is incorporated by reference into this proxy statement or any other O-I filing under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended.

O-I GLASS, INC. 2024 PROXY STATEMENT3
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.