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 13 is lower than 59% 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 kg CO2e, all of which fall under Scope 1 emissions. This marks a reduction from 2022, where emissions were about 61,115 kg CO2e, also entirely from Scope 1. The company has not disclosed any Scope 2 or Scope 3 emissions data. Favini's emissions have shown a slight downward trend over the past few years, with 2021 emissions recorded at about 61,359 kg CO2e and 2020 emissions at approximately 50,223 kg CO2e. Notably, the 2020 data included both Scope 1 and Scope 2 emissions, with Scope 1 contributing about 49,772 kg CO2e and Scope 2 at approximately 43,200 kg CO2e. Despite these reductions, Favini has not set any specific reduction targets or initiatives as part of their climate commitments, nor do they participate in initiatives such as the Science Based Targets initiative (SBTi). The absence of formal climate pledges or reduction targets indicates a need for further commitment to sustainability practices within the industry context. Overall, while Favini has made progress in reducing its carbon footprint, the lack of comprehensive emissions data and formal reduction strategies suggests there is room for improvement in their climate commitments.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 49,772 | 00,000 | 00,000 | 00,000 |
| 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.
