Improved GHG inventory accuracy and robustness Completed another GHG inventory with significantly improved accuracy and robustness of emissions data; retained an independent third party to calculate Scope 1-3 emissions. Positions Prestige to explore Science Based Targets initiatives (SBTi).
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Initiated first TCFD-aligned climate risk and opportunities assessment This year, Prestige initiated its first climate risk and opportunities assessment aligned with TCFD, exploring SBTi alignment with long-term decarbonization objectives.
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DenTek packaging shift to recycled paperboard & SFI certification DenTek product category achieved packaging milestones in 2024 — all shippers now made from recycled material, SFI logo added, plastic windows removed from dental Guards and transitioned to recyclable paperboard packaging consistent with SFI standards.
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Second annual sustainability report This is Prestige's second annual sustainability publication; reporting period FY24 (April 1, 2023 – March 31, 2024). GHG and energy data reported on fiscal-year basis with no prior-year comparative for emissions (first year of robust methodology).
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Dependent: Supplier Code of Conduct & contract manufacturer engagement Scope 3 (141,348 tCO2e) dominates Prestige's footprint at ~94% of total emissions, driven by purchased goods and the network of global suppliers and Contract Manufacturing Organizations (CMOs). Prestige requires suppliers to comply with the Supplier Code of Conduct, including waste reduction practices, and is 'developing a strategy for engaging with our supply chain and CMOs' on Rx-360 style audit programs for future disclosure.
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Briemar Manufacturing acquired in 4Q FY24 Prestige acquired the Briemar (Victoria, Australia) manufacturing facility in FY23/4Q FY24. Waste tables explicitly note 'Data does not include Briemar Manufacturing acquired in 4Q FY24', affecting period-over-period comparability.
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Walmart Project Gigaton participation Making progress toward meeting Walmart's Project Gigaton goals as part of supplier emissions reduction effort.
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Life Cycle Assessments finalising for two brands Finalising LCAs for two brands to support sustainable product practices.
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Primary: Manufacturing site energy & natural gas consumption Prestige's two owned manufacturing sites (Lynchburg, Virginia and Briemar, Victoria) drive most operational energy use, with FY24 total energy of 77,489.59 GJ (51,421 GJ electricity, 26,069 GJ natural gas). Scope 1 emissions of 1,438 tCO2e and Scope 2 of 7,141 tCO2e reflect this manufacturing footprint. The EHS Manager and VP Manufacturing & Operations oversee site-level energy and emissions.
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Primary: Packaging material reduction and recyclable substitution Across brands Prestige is reducing material use and switching to recyclable inputs. DenTek shippers are now made of recycled material with SFI logo; dental Guards transitioned from plastic-windowed packaging to recyclable paperboard packaging consistent with SFI standards.
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