Elopak

Elopak's Carbon Emissions and Climate Commitments

Elopak, headquartered in Norway and operating within the Packaging and Labelling Services industry, is committed to reducing its environmental impact. The company has set ambitious targets for greenhouse gas (GHG) emission reductions, aligning with the Science Based Targets initiative (SBTi) and a net-zero goal by 2050.

Latest Emissions Data:

• 2025: Elopak reported total emissions of approximately 794.2 million kg CO2e. This included Scope 1 emissions of about 627,000 kg CO2e, Scope 2 market-based emissions of roughly 153,000 kg CO2e, and substantial Scope 3 emissions amounting to approximately 718.6 million kg CO2e. The largest contributors to Scope 3 were purchased goods and services (around 488.1 million kg CO2e), followed by the use of sold products (about 44.3 million kg CO2e) and end-of-life treatment of sold products (approximately 64.2 million kg CO2e).
• 2024: Total emissions for 2024 were approximately 675.2 million kg CO2e. Scope 1 emissions were around 4,000 kg CO2e, Scope 2 market-based emissions were approximately 186,000 kg CO2e, and Scope 3 emissions totalled about 671.2 million kg CO2e. Purchased goods and services were the primary driver of Scope 3 emissions, at roughly 462.2 million kg CO2e.
• 2023: Total emissions stood at approximately 742.8 million kg CO2e, with Scope 1 at about 4.7 million kg CO2e, Scope 2 market-based at approximately 987,000 kg CO2e, and Scope 3 at about 737.1 million kg CO2e.

Climate Commitments and Targets:

Elopak has established a comprehensive climate strategy with clear targets:

• Net-Zero by 2050: The company is committed to achieving net-zero GHG emissions across its entire value chain by 2050. This long-term goal is supported by a commitment to reduce absolute Scope 1, 2, and 3 GHG emissions by 90% by 2050 from a 2020 baseline.
• Near-Term Reductions (by 2030):
  • Elopak aims to reduce absolute Scope 1 and 2 GHG emissions by 42% by 2030, using 2020 as the baseline year. This target is aligned with the 1.5°C pathway.
  • A reduction of absolute Scope 3 GHG emissions by 25% by 2030, also from a 2020 baseline, is targeted. This Scope 3 target aligns with the "Well below 2°C" pathway.
• Renewable Electricity: Elopak is committed to continuing to purchase 100% renewable electricity for its entire consumption at all wholly-owned sites through to 2030.

Elopak's commitment to SBTi validation underscores its dedication to scientifically rigorous climate action. The company's efforts are focused on significant reductions across all emission scopes to contribute to global climate goals.