California Climate Disclosure Statement – AB 1305
Methodological Information
Information on O-I Glass Inc.’s (O-I or the Company) climate-related goals and efforts to advance them, including third-party verification for select claims, can be found in our 2024 Sustainability Report and related Indexes. In calculating emissions savings from cullet usage, we generally look at average cullet usage per tons of glass packed. For further information, please refer to our CDP responses.
Offset Information
The below information covers our purchases of “voluntary carbon offsets,” as defined in AB 1305; these are associated with our B0 Estampe bottle, as discussed in our 2024 sustainability report. Under the Carbon Trust methodology relevant for this product certification, such purchases have been characterized as investments in ex-ante carbon removals, which we will retire as necessary to address residual emissions under the certification requirements.
| Name of Offset Registry/Program | Name of Entity Selling Offset | Project ID Number | Project Name | Project Type | Site Location | Estimation Protocol | Third-Party Verification | |
|---|---|---|---|---|---|---|---|---|
| Verra | Agendi | 832 | Cikel Brazilian Amazon REDD APD Project | Carbon Avoidance | Brazil | VM0007 | Carbon Trust | |
| Verra | Agendi | 832 | Cikel Brazilian Amazon REDD APD Project Avoiding Planned Deforestation | Carbon Avoidance | Brazil | VM0007 | Carbon Trust | |
Disclaimer
This disclosure, including the materials referred to in this disclosure, contain “forward-looking” statements related to O-I Glass. Forward-looking statements reflect the Company’s current expectations and projections about future events at the time, and thus involve uncertainty and risk. In some instances, words such as “will,” “expect,” “target,” and similar expressions and their negatives generally identify forward-looking statements. It is possible the Company’s future financial performance may differ from expectations due to a variety of factors including, but not limited to, the risk factors discussed in the Company’s filings with the Securities and Exchange Commission. Moreover, the materials referred to are often subject to their own qualifications and other notes, which should be kept in mind in reviewing such information. We do not intend, and expressly disclaim any obligation, to update any forward-looking statements contained in this disclosure or the documents referred to in this disclosure, except to the extent required by law.
The disclosures in this document are provided solely for the purposes of complying with the California Voluntary Carbon Markets Disclosure Act (also commonly referred to as “AB 1305”) and is not intended, and we hereby disclaim any, legal relations, right or obligations to any third-party. By providing this information, neither we nor any of our affiliates are conceding any specific item is required to be disclosed nor is waiving any arguments about the interpretation of AB 1305, nor should any of this information necessarily be deemed to be material under US securities law, the European Union’s Corporate Sustainability Reporting Directive and applicable transpositional legislation, or other laws, regulations, or requirements which may apply to us.
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