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 4 is lower than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Favini reported total carbon emissions of approximately 5,501,981,000 kg CO2e, with all emissions classified under Scope 1. This marks a slight increase from 2023, where emissions were about 5,499,629,000 kg CO2e. The company has consistently reported emissions solely from Scope 1, with no data available for Scope 2 or Scope 3 emissions. Over the past few years, Favini's emissions have shown fluctuations, with 2022 emissions recorded at about 61,115,000 kg CO2e and 2021 at approximately 61,359,000 kg CO2e. The emissions for 2020 were lower, at around 50,223,000 kg CO2e, indicating a trend of increasing emissions in recent years. Despite these figures, Favini has not established specific reduction targets or initiatives, as indicated by the absence of SBTi (Science Based Targets initiative) reduction targets or documented climate pledges. The company does not appear to inherit emissions data from a parent organization, maintaining its own reporting standards. Favini's commitment to sustainability remains evident, but the lack of defined reduction strategies highlights an area for potential improvement in their climate action efforts.
Access structured emissions data, company-specific emission factors, and source documents
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 49,772,000 | 00,000,000 | 00,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 432,000 | - | - | - | - |
| Scope 3 | - | - | - | - | - |
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.
Favini 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.
