Favini
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.
DitchCarbon Score
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.
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
Favini's score of 18 is higher than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Favini's reported carbon emissions
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, indicating a positive trend in reducing their carbon footprint. The company has not disclosed any Scope 2 emissions for these years, maintaining a focus on direct emissions from their operations. Despite these reductions, Favini has not set specific reduction targets or initiatives as part of their climate commitments, nor have they engaged with the Science Based Targets initiative (SBTi) for formal targets. The absence of documented reduction strategies suggests that while emissions have decreased, a structured approach to long-term sustainability may still be in development. Overall, Favini's emissions data reflects a commitment to reducing their carbon impact, although further transparency regarding their climate strategies and future goals would enhance their sustainability profile.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 49,772,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 432,000 | - | - | - |
| Scope 3 | - | - | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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 participating in any of the initiatives that 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.
