Guala Closures

Guala Closures, an Italian company operating in the real estate services industry, has demonstrated a commitment to reducing its carbon footprint. For the year 2024, the company reported total Scope 1 emissions of approximately 35.7 million kg CO2e, Scope 2 market-based emissions of about 34.5 million kg CO2e, and Scope 3 emissions totalling approximately 418.4 million kg CO2e. The combined Scope 1 and 2 emissions for 2024 were approximately 70.2 million kg CO2e.

In 2023, Guala Closures reported total Scope 1 emissions of around 35.7 million kg CO2e, Scope 2 market-based emissions of approximately 47.1 million kg CO2e, and Scope 3 emissions of about 413.5 million kg CO2e, leading to combined Scope 1 and 2 emissions of approximately 82.8 million kg CO2e. The previous year, 2022, saw Scope 1 emissions at about 38.0 million kg CO2e, Scope 2 market-based emissions at approximately 56.6 million kg CO2e, and Scope 3 emissions of roughly 509.9 million kg CO2e, with combined Scope 1 and 2 emissions totalling approximately 94.6 million kg CO2e.

Earlier reporting includes 2021, with total emissions of approximately 617.1 million kg CO2e, comprising Scope 1 emissions of about 43.5 million kg CO2e, Scope 2 market-based emissions of approximately 69.9 million kg CO2e, and Scope 3 emissions of around 503.7 million kg CO2e. In 2020, Scope 1 emissions were approximately 40.7 million kg CO2e, Scope 2 emissions were about 115.4 million kg CO2e, and Scope 3 emissions stood at roughly 497.2 million kg CO2e. For 2019, Scope 1 emissions were around 37.1 million kg CO2e, Scope 2 emissions approximately 130.5 million kg CO2e, and Scope 3 emissions about 456.3 million kg CO2e. In 2018, Scope 1 emissions were approximately 33.6 million kg CO2e, Scope 2 emissions about 126.6 million kg CO2e, and Scope 3 emissions approximately 463.1 million kg CO2e. Historical data from 2017 shows Scope 1 emissions of about 34.1 million kg CO2e, Scope 2 emissions of approximately 118.7 million kg CO2e, and Scope 3 emissions of around 427.6 million kg CO2e. In 2016, Scope 1 emissions were approximately 33.6 million kg CO2e, Scope 2 emissions about 117.9 million kg CO2e, and Scope 3 emissions roughly 488.9 million kg CO2e. In 2015, Scope 1 emissions were approximately 38.4 million kg CO2e, Scope 2 emissions about 131.8 million kg CO2e, and Scope 3 emissions approximately 521.5 million kg CO2e.

Guala Closures has established significant climate commitments. Notably, they are committed to reducing absolute Scope 1 and 2 greenhouse gas (GHG) emissions by 44% by 2030, using 2020 as a base year. This aligns with the Science Based Targets initiative (SBTi) and their 1.5°C pathway. Additionally, Guala Closures has pledged 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 have been validated by the SBTi.

Previously, the company had a near-term target to reduce Scope 1 and 2 CO2 emissions by 25% for each tonne of finished product by 2022, against a 2016 baseline. This target was met for Scope 2 intensity reductions.