Altium Packaging Sustainability Profile
Altium Packaging, a leading provider in the flexible packaging industry, is headquartered in the United States. Founded in 2018, the company has quickly established itself as a key player in the market, focusing on innovative packaging solutions that cater to various sectors, including food, beverage, and consumer goods. With a commitment to sustainability, Altium Packaging offers a range of products, such as flexible films and pouches, that are designed to reduce environmental impact while maintaining high performance. Their unique approach combines advanced technology with eco-friendly materials, setting them apart from competitors. Recognised for their dedication to quality and innovation, Altium Packaging continues to expand its operational footprint across North America, solidifying its position as a trusted partner in the packaging landscape.
DitchCarbon Score
How does Altium Packaging's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Business Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Altium Packaging's score of 44 is higher than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Altium Packaging's reported carbon emissions
In 2024, Altium Packaging reported total carbon emissions of approximately 159,753,000 kg CO2e, comprising 9,120,000 kg CO2e from Scope 1 and 150,633,000 kg CO2e from Scope 2 emissions. This marks a slight decrease from 2023, where total emissions were about 165,263,000 kg CO2e, with Scope 1 emissions at 10,150,000 kg CO2e and Scope 2 emissions at 155,113,000 kg CO2e. The company has made significant strides in reducing its carbon footprint through initiatives such as the development of Dura-Lite® in 2016, which has led to a reduction of approximately 38 million pounds (about 17,236,000 kg) of CO2 emissions by 2025. This reduction is primarily attributed to light-weighting efforts, specifically targeting Scope 2 emissions. Altium Packaging operates as a current subsidiary of Altium Packaging, LLC, and all emissions data is cascaded from this parent organization. The company has not disclosed any Scope 3 emissions data, indicating a focus on direct and indirect emissions from its operations and energy use. Overall, Altium Packaging is committed to ongoing emissions reductions and sustainability initiatives, aligning with industry standards and climate commitments.
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| 2019 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 7,111,000 | 0,000,000 | 00,000,000 | 0,000,000 |
| Scope 2 | 265,322,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - |
How Carbon Intensive is Altium Packaging's Industry?
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Altium Packaging's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Altium Packaging has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
