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 25 is lower than 57% 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 2022, Altium Packaging reported total carbon emissions of approximately 272,433,000 kg CO2e, comprising 7,111,000 kg CO2e from Scope 1 emissions and 265,322,000 kg CO2e from Scope 2 emissions. The Scope 1 emissions primarily stem from stationary combustion, while Scope 2 emissions are attributed to purchased electricity. Altium Packaging has made significant strides in reducing its carbon footprint, particularly through its Dura-Lite® initiative, which has achieved a reduction of about 38 million pounds (approximately 17,236,000 kg) of CO2 emissions since its inception in 2016. This initiative is part of their broader commitment to sustainability, with a focus on light-weighting products to lower emissions. The company operates as a current subsidiary of Altium Packaging, LLC, and its emissions data is cascaded from this parent organization. Altium Packaging has not disclosed any Scope 3 emissions data, indicating a potential area for future reporting and improvement. Overall, Altium Packaging's climate commitments reflect a proactive approach to reducing emissions and enhancing sustainability within the packaging industry.
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| 2019 | 2022 | |
|---|---|---|
| Scope 1 | 7,111,000 | 0,000,000 |
| Scope 2 | 265,322,000 | 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.
