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Greif Inc., commonly referred to as Greif, is a leading provider of packaging and labelling services headquartered in the United States. Established in 1877, the company has a long-standing history of delivering innovative packaging solutions across various industries, including industrial, consumer, and agricultural sectors. With a global presence, Greif operates in multiple regions, supporting customers worldwide with its extensive network of manufacturing facilities and distribution centres.
Specialising in steel, fibre, and plastic drums, intermediate bulk containers, and custom packaging solutions, Greif is recognised for its commitment to quality and sustainability. Its comprehensive range of products and services positions it as a key player in the packaging industry, known for its reliability and industry expertise. Over the years, Greif has achieved notable milestones, reinforcing its reputation as a trusted partner in packaging and labelling services.
+28 vs industry average
Greif’s score of 74 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Packaging and Labeling Services has below-average carbon intensity
The Packaging and Labeling Services industry has reduced its overall emissions by 26% since 2018
Scope 3 accounts for ••• of total emissions.
Greif, a US-headquartered company in the Packaging and Labelling Services industry, reported total carbon emissions of approximately 6.26 billion kg CO2e in 2024. This figure includes about 625.19 million kg CO2e from Scope 1 emissions, approximately 494.80 million kg CO2e from Scope 2 market-based emissions, and around 5.14 billion kg CO2e from Scope 3 emissions.
Greif has set several climate commitments. The company aims to reduce absolute Scope 1 and Scope 2 greenhouse gas emissions by 28% by 2030, using a 2019 baseline. Furthermore, Greif has committed to reducing its energy use by 10% for every unit of production from a 2019 baseline by 2030. They also aim to achieve net-zero emissions by 2030.
In 2019, Greif's total carbon emissions were approximately 5.34 billion kg CO2e, with Scope 1 emissions at about 676 million kg CO2e, Scope 2 market-based emissions at approximately 636 million kg CO2e, and Scope 3 emissions at around 4.02 billion kg CO2e.
Greif's subsidiary, Greif Textile Mietsysteme, has also set Science Based Targets initiative (SBTi) commitments. Greif Textile Mietsysteme commits to reducing Scope 1 and Scope 2 GHG emissions by 38% per unit of gross value added by 2025, from a 2017 base year. These targets are considered consistent with reductions required to keep global warming to 2°C. Greif, Inc. itself is also "Committed" to net-zero with SBTi.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Common questions about Greif’s sustainability data and climate commitments
Data year: 2024
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