Hinojosa Packaging

Hinojosa Packaging, headquartered in Spain, is committed to significant carbon emission reductions. For the fiscal year 2025, the company reported a total of approximately 399.4 million kg CO2e across Scopes 1, 2, and 3. This breaks down to approximately 54.9 million kg CO2e for Scope 1 (direct emissions), and approximately 4.7 million kg CO2e for Scope 2 (market-based). Scope 3 emissions for 2025 were approximately 346.1 million kg CO2e, with purchased goods and services accounting for the largest portion at roughly 216.6 million kg CO2e, followed by capital goods at about 44.3 million kg CO2e, and fuel and energy-related activities at approximately 21.5 million kg CO2e.

In 2024, Hinojosa Packaging's total emissions were approximately 419.9 million kg CO2e. Scope 1 emissions stood at about 67.6 million kg CO2e, while Scope 2 emissions (market-based) were approximately 6.4 million kg CO2e. Scope 3 emissions totalled around 346.0 million kg CO2e, with purchased goods and services representing about 208.5 million kg CO2e, capital goods approximately 43.0 million kg CO2e, and fuel and energy-related activities around 24.7 million kg CO2e.

Looking at earlier years, in 2023, total emissions were approximately 73.5 million kg CO2e (Scope 1: 40.2 million kg CO2e, Scope 2: 3.1 million kg CO2e, Scope 3: 32.2 million kg CO2e). In 2022, total emissions were approximately 59.0 million kg CO2e (Scope 1: 50.2 million kg CO2e, Scope 2: 5.8 million kg CO2e, Scope 3: 33.9 million kg CO2e). For 2021, total emissions were approximately 119.3 million kg CO2e (Scope 1: 64.9 million kg CO2e, Scope 2: 3.0 million kg CO2e, Scope 3: 51.3 million kg CO2e). In 2020, total emissions were approximately 272.8 million kg CO2e (Scope 1: 55.0 million kg CO2e, Scope 2: 38.1 million kg CO2e using location-based, and Scope 3: 217.9 million kg CO2e).

Hinojosa Packaging has set ambitious climate targets, aligning with the Science Based Targets initiative (SBTi). The company is committed to achieving Net-Zero greenhouse gas emissions across its value chain by 2050. As part of its near-term strategy, Hinojosa Packaging aims to reduce its absolute Scope 1 and 2 emissions by 60% by 2030, using 2020 as a baseline. Furthermore, they have committed to a long-term goal of reducing absolute Scope 1, 2, and 3 emissions by 90% by 2050. This includes a specific near-term commitment to reduce absolute Scope 3 emissions from fuel- and energy-related activities, upstream transportation and distribution, business travel, and employee commuting by 42% by 2030, also from a 2020 baseline. The company also plans to increase its active annual sourcing of renewable electricity to 100% by 2030 and aims for 80% of its suppliers, covering purchased goods and services, to have science-based targets by 2028.