Favini, officially known as Favini S.p.A., is a distinguished Italian company headquartered in the heart of Italy. Established in 1735, Favini has evolved into a leader in the paper and packaging industry, renowned for its innovative and sustainable solutions. The company operates primarily in Europe, with a strong presence in various international markets. Favini's core offerings include high-quality paper products, eco-friendly packaging solutions, and unique specialty papers, such as those made from recycled materials and natural fibres. Their commitment to sustainability and creativity sets them apart in a competitive landscape. With a rich history and a focus on environmental responsibility, Favini has garnered recognition for its pioneering efforts in sustainable practices, solidifying its position as a trusted name in the industry.
How does Favini'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.
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.
Favini's score of 18 is higher than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Favini reported total carbon emissions of approximately 55,212,000 kg CO2e, with all emissions classified under Scope 1. This represents a decrease from 61,115,000 kg CO2e in 2022 and 61,359,000 kg CO2e in 2021. The company has shown a commitment to reducing its carbon footprint, although specific reduction targets or initiatives have not been disclosed. Favini's emissions data indicates a consistent reliance on direct emissions sources, as Scope 2 emissions were recorded at zero across the years reported. The company has not established any science-based targets or formal climate pledges, which places it in a challenging position within the industry context of increasing climate commitments. Overall, while Favini has made strides in reducing its emissions over the past few years, further transparency regarding its climate strategies and commitments would enhance its sustainability profile.
Access structured emissions data, company-specific emission factors, and source documents
2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Scope 1 | 49,772,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 432,000 | - | - | - |
Scope 3 | - | - | - | - |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Favini is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.