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Public Profile
Paper Products
IT
updated a month ago

Favini

Company website

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.

29

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.

14

Industry Benchmark

Favini's score of 29 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.

62%

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Favini's reported carbon emissions

In 2024, Favini reported total carbon emissions of approximately 3,622,000 kg CO2e, comprising 62,000 kg CO2e from Scope 1 (process emissions), 55,000 kg CO2e from Scope 2 (purchased electricity), and a significant 3,566,000 kg CO2e from Scope 3 (purchased goods and services). This marks a slight decrease in Scope 1 emissions from 43,000 kg CO2e in 2023, while Scope 2 emissions remained relatively stable at 56,000 kg CO2e. The Scope 3 emissions have consistently been high, reflecting the impact of their supply chain. Favini has not set specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges, indicating a potential area for future commitment. The company’s emissions data is not cascaded from any parent organization, ensuring that the reported figures are solely reflective of Favini's operations. Overall, Favini's emissions profile highlights the importance of addressing Scope 3 emissions, which represent the largest portion of their carbon footprint, while also maintaining a focus on reducing direct and indirect emissions in line with industry standards.

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20202021202220232024
Scope 1
72,000
000,000
00,000
00,000
00,000
Scope 2
58,000
00,000
00,000
00,000
00,000
Scope 3
1,618,000
0,000,000
0,000,000
0,000,000
0,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Favini's primary industry is Paper and paper products, which is high in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Favini is in IT, which has a low grid carbon intensity relative to other regions.

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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