Public Profile

Formika

Formika, officially known as Formika Sp. z o.o., is a leading player in the packaging industry, headquartered in Poland (PL). Established in 2005, the company has rapidly expanded its operations across Europe, focusing on innovative packaging solutions that cater to various sectors, including food, cosmetics, and pharmaceuticals. Renowned for its commitment to sustainability, Formika offers a diverse range of products, including flexible packaging and eco-friendly materials, setting itself apart with cutting-edge technology and design. The company has achieved significant milestones, such as ISO certification and numerous industry awards, solidifying its market position as a trusted provider of high-quality packaging solutions. With a strong emphasis on customer satisfaction and environmental responsibility, Formika continues to lead the way in the evolving packaging landscape.

DitchCarbon Score

How does Formika'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.

4

Industry Average

Mean score of companies in the Maritime Transport 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.

5

Industry Benchmark

Formika's score of 4 is higher than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.

85%

Formika's reported carbon emissions

In 2022, Formika reported total carbon emissions of approximately 38,665,053 kg CO2e from Scope 3, 16,112,671 kg CO2e from Scope 2, and 30,675,412 kg CO2e from Scope 1. This represents a significant reduction from 2019, where emissions were approximately 55,771,345 kg CO2e in Scope 3, 26,778,807 kg CO2e in Scope 2, and 45,095,872 kg CO2e in Scope 1. Despite these reductions, Formika has not publicly disclosed specific reduction targets or commitments under the Science Based Targets initiative (SBTi) or other climate pledges. The company continues to focus on improving its emissions intensity, as indicated by a decrease in emissions intensity per revenue from 0.001458 in 2022 to 0.000676 in 2023. Overall, while Formika has made strides in reducing its carbon footprint, further transparency regarding its climate commitments and future targets would enhance its sustainability profile.

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20192022
Scope 1
45,095,872
00,000,000
Scope 2
26,778,807
00,000,000
Scope 3
55,771,345
00,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Formika's primary industry is Sea and coastal water transportation services, 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. Formika is headquartered in PL, which has a rank of very high, indicating very high grid carbon 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.

Formika is not committed to any reduction initiatives 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
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

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