Greif Sustainability Profile
Greif, Inc., a leading global provider of industrial packaging solutions, is headquartered in Delaware, Germany. Founded in 1877, the company has established a strong presence across Europe, North America, and Asia, serving diverse industries such as chemicals, food, and pharmaceuticals. Greif is renowned for its innovative products, including steel and plastic drums, intermediate bulk containers, and flexible packaging solutions, which are designed to meet the highest standards of safety and sustainability. With a commitment to quality and customer satisfaction, Greif has achieved significant milestones, including numerous awards for environmental stewardship and operational excellence. As a market leader, Greif continues to set the standard in the packaging industry, leveraging advanced technology and a robust supply chain to deliver unique, tailored solutions that enhance product protection and efficiency.
DitchCarbon Score
How does Greif'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 Services Auxiliary to Financial Intermediation 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
Greif's score of 51 is higher than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Greif's reported carbon emissions
In 2024, Greif reported total carbon emissions of approximately 6.3 billion kg CO2e, comprising about 625 million kg CO2e from Scope 1 and approximately 5.1 billion kg CO2e from Scope 3 emissions. This marks a slight increase from 2023, where total emissions were about 6.2 billion kg CO2e, with Scope 1 emissions at approximately 605 million kg CO2e and Scope 3 emissions at around 5.1 billion kg CO2e. In 2022, total emissions were approximately 6.4 billion kg CO2e, with Scope 1 emissions of about 756 million kg CO2e. Greif has set ambitious climate commitments, aiming for net zero emissions by 2030 across both Scope 1 and Scope 2 emissions. This target is part of a broader strategy to reduce absolute Scope 1 and Scope 2 greenhouse gas emissions by 28% from a 2019 baseline by 2030. In the near term, Greif has reported a 12% reduction in absolute Scope 1 and Scope 2 emissions compared to the previous fiscal year (2022). The company has undertaken scenario analysis to align its targets with the Science Based Targets Initiative (SBTi), ensuring that its reduction goals are consistent with the global aim of limiting temperature rise to well below 2 degrees Celsius. Greif's commitment to reducing energy use by 10% per unit of production from a 2019 baseline further underscores its dedication to sustainability and climate action.
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| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 362,300,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 496,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | - | - | - |
| Scope 3 | 251,500,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is Greif's Industry?
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Greif's Climate Goals (2030 & 2050)
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.
Greif 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.
