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O-I GLASS VALIDATES EARLY ACHIEVEMENT OF KEY SUSTAINABILITY GOALS, SETS SIGHTS ON PARIS-ALIGNED TARGETS

1. O-I Glass achieved sustainability goals six years early. 2. 51% renewable electricity, exceeding the 40% target. 3. 30% reduction in greenhouse gas emissions surpassed the 25% goal. 4. New 2030 goals include an 80% renewable electricity target. 5. Total Recordable Incident Rate decreased by 48% since 2019.

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Why Bullish?

O-I's early achievements in sustainability enhance brand value and market positioning, appealing to eco-conscious investors. Historically, companies excelling in sustainability often see positive stock performance, e.g., Unilever's market growth post sustainability pledges.

How important is it?

The article showcases significant operational improvements and future commitments critical for investor confidence. Advanced sustainability metrics are increasingly linked to lower operational costs and higher consumer appeal.

Why Long Term?

Sustainability commitments improve operational efficiencies and brand loyalty over time, akin to Tesla's long-term stock price appreciation following their sustainability focus.

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Perrysburg, Ohio, July 22, 2025 (GLOBE NEWSWIRE) -- With newly validated 2024 data, O-I Glass confirms it has achieved two of its most ambitious sustainability goals -- six years ahead of schedule. Originally set for 2030, the company’s targets for renewable electricity and greenhouse gas emissions have already been met, underscoring O-I’s momentum in sustainable glass manufacturing and its commitment to measurable progress.  O-I surpassed its renewable electricity goal by reaching 51% globally, well above the original 40% target. The company also reduced global Scope 1 and 2 greenhouse gas emissions by 30%, exceeding its initial goal of a 25% reduction from the 2017 baseline.  This data-driven progress has paved the way for a bold next chapter. At O-I's Investor Day event in March, O-I announced enhanced sustainability goals for 2030, aligned with the Paris Agreement’s 1.5°C pathway:   47% reduction in GHG emissions  80% use of renewable electricity  60% average use of cullet (recycled glass)   These elevated targets reflect O-I’s continued drive to reduce environmental impact and deliver greater value to customers through sustainable innovation.  "This accomplishment marks a pivotal moment for the company," says Chief Sustainability and Administrative Officer Randy Burns. " For more than 120 years, O-I has been a strategic partner to the biggest brands in the world. Even as O-I focuses on radically reducing costs, we’re raising the bar with updated sustainability targets for 2030, with 2019 as the baseline year."  At O-I, sustainability isn't just about what we make -- it's how we make it. Safety is at the core of building a sustainable business. New data confirms O-I's Total Recordable Incident Rate for O-I employees in 2024 was 1.48, a 48% decrease from 2019.   The new performance data is now available on the Sustainability Scorecard on O-I's website: https://www.o-i.com/sustainability/sustainability-report/.    ABOUT O-I GLASS  At O-I Glass, Inc. (NYSE: OI), we love glass, and we are proud to be one of the leading producers of glass bottles and jars around the globe. Glass is not only beautiful, it is also pure, healthy, and completely recyclable, making it the most sustainable rigid packaging material. Headquartered in Perrysburg, Ohio (USA), O-I is the preferred partner for many of the world’s leading food and beverage brands. We innovate in line with customers’ needs to create iconic packaging that builds brands around the world. Led by our diverse team of approximately 21,000 people across 69 plants in 19 countries, O-I achieved revenues of $6.5 billion in 2024. Learn more about us:  o-i.com / Facebook / Twitter / Instagram / LinkedIn 

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