BillerudKorsnäs Inc. Sustainability Profile
BillerudKorsnäs Inc., a leading player in the sustainable packaging industry, is headquartered in the United States, with significant operations across Europe and North America. Founded in 2012 through the merger of Billerud and Korsnäs, the company has quickly established itself as a pioneer in innovative paper and packaging solutions. Specialising in high-quality, renewable materials, BillerudKorsnäs offers a diverse range of products, including kraft paper, containerboard, and sustainable packaging solutions. Their commitment to sustainability and circular economy principles sets them apart in a competitive market. With a strong focus on customer collaboration and product development, BillerudKorsnäs has achieved notable milestones, positioning itself as a trusted partner for businesses seeking eco-friendly packaging alternatives. The company continues to lead the way in transforming the packaging landscape, ensuring a greener future for generations to come.
DitchCarbon Score
How does BillerudKorsnäs Inc.'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 Paper Products 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
BillerudKorsnäs Inc.'s score of 40 is higher than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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BillerudKorsnäs Inc.'s reported carbon emissions
In 2021, BillerudKorsnäs Inc. reported total carbon emissions of approximately 114,000,000 kg CO2e. This figure includes Scope 1 emissions of about 35,000,000 kg CO2e, Scope 2 emissions of around 33,000,000 kg CO2e, and Scope 3 emissions totalling approximately 46,000,000 kg CO2e. Within Scope 3, emissions from purchased goods and services accounted for about 23,000,000 kg CO2e, while downstream transportation and distribution contributed approximately 17,000,000 kg CO2e. BillerudKorsnäs has set ambitious climate commitments, aiming for net zero emissions from operations under their control by 2050, which encompasses both Scope 1 and Scope 2 emissions. Additionally, the company has pledged to reduce direct emissions from its operations and indirect emissions from purchased energy by 50% by 2030, using 2020 as the baseline year. It is important to note that BillerudKorsnäs Inc. is a current subsidiary of Billerud AB (publ), and the emissions data and climate initiatives are cascaded from this parent organisation. The commitments and targets reflect a broader industry trend towards sustainability and carbon neutrality, aligning with global climate goals.
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| 2021 | |
|---|---|
| Scope 1 | 35,000,000 |
| Scope 2 | 33,000,000 |
| Scope 3 | 46,000,000 |
How Carbon Intensive is BillerudKorsnäs Inc.'s Industry?
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BillerudKorsnäs Inc.'s Scope 3 Categories Breakdown
A significant portion of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 40% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 50% of Scope 3 emissions.
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BillerudKorsnäs Inc.'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.
BillerudKorsnäs Inc. 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.
