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 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.
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.
Access structured emissions data, company-specific emission factors, and source documents
2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
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 |
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.