Ccl Industries

CCL Industries, a Canadian-headquartered company in the Paper and paper products sector, reported total greenhouse gas emissions of approximately 2.17 billion kg CO2e in 2024. This figure includes about 153.3 million kg CO2e from Scope 1 emissions, 254.5 million kg CO2e from Scope 2 emissions, and approximately 1.76 billion kg CO2e from Scope 3 emissions.

For 2023, the company's total emissions were about 2.15 billion kg CO2e, comprising approximately 136.3 million kg CO2e (Scope 1), 251.9 million kg CO2e (Scope 2), and 1.76 billion kg CO2e (Scope 3). In 2022, total emissions stood at approximately 2.15 billion kg CO2e, with Scope 1 at about 152.3 million kg CO2e, Scope 2 at approximately 259.4 million kg CO2e, and Scope 3 at about 1.74 billion kg CO2e.

CCL Industries has set ambitious climate commitments, with targets validated by the Science Based Targets initiative (SBTi). The company aims to achieve net-zero greenhouse gas emissions across its entire value chain by 2050, with a 2022 base year.

Near-term, CCL Industries commits to reducing absolute Scope 1 and 2 GHG emissions by 50% by 2030, from a 2022 base year. For the long term, they aim for a 90% reduction in absolute Scope 1, 2, and certain Scope 3 GHG emissions by 2050, also from a 2022 base year. This long-term Scope 3 target specifically includes emissions from purchased goods and services, capital goods, fuel- and energy-related activities, upstream and downstream transportation and distribution, waste generated in operations, processing of sold products, use of sold products, and end-of-life treatment of sold products.

Additionally, CCL Industries has set targets for its supply chain: 75% of suppliers by emissions (covering purchased goods and services, capital goods, upstream transportation and distribution, and waste generated in operations) are committed to having science-based targets by 2029. Furthermore, 20% of customers by revenue (covering downstream transportation and distribution, processing of sold products, and end-of-life treatment of sold products) are expected to have science-based targets by 2029.