Guala Closures

Guala Closures's reported carbon emissions

Guala Closures, headquartered in Italy and operating within the real estate services sector (70), has demonstrated significant carbon emissions performance and outlined ambitious climate commitments. For the 2024 reporting year, Guala Closures reported total Scope 1 and 2 emissions of approximately 70,153,000 kg CO2e. Scope 1 emissions for this period were approximately 35,672,000 kg CO2e, and Scope 2 emissions, on a market-based approach, were approximately 34,481,000 kg CO2e. Scope 3 emissions reached approximately 418,382,000 kg CO2e. In 2023, the company's total Scope 1 and 2 emissions were approximately 82,824,000 kg CO2e, with Scope 1 at about 35,701,000 kg CO2e and Scope 2 (market-based) at approximately 47,123,000 kg CO2e. Scope 3 emissions for 2023 were reported as approximately 413,523,000 kg CO2e. The company is actively working towards climate mitigation, as evidenced by its Science Based Targets initiative (SBTi) commitments. Guala Closures commits to reducing absolute Scope 1 and 2 GHG emissions by 44% by 2030, using a 2020 baseline. Furthermore, the company aims to reduce Scope 3 GHG emissions from purchased goods and services and fuel and energy-related activities by 25% per million manufactured closures within the same timeframe. These targets are considered consistent with keeping warming to 1.5°C. Previous years' data also shows a commitment to intensity reductions; for instance, a target was set to reduce Scope 1 and 2 CO2 emissions by 25% for each tonne of finished product by 2022, against a 2016 baseline. Analysis indicates progress towards some near-term targets. Guala Closures' emissions data is inherited from its parent organisation, Guala Closures S.p.A., with a cascade level of 1 and a relationship type of 'current subsidiary'. The SBTi and performance data are sourced from Guala Closures S.p.A. itself.