Intertape Polymer

Intertape Polymer Group's Carbon Emissions & Climate Commitments

In 2024, Intertape Polymer Group reported total Scope 1 and 2 emissions of approximately 139,108,000 kg CO2e. This includes about 45,626,000 kg CO2e from Scope 1 emissions and approximately 93,482,000 kg CO2e from market-based Scope 2 emissions. Scope 3 emissions for the same year included 345,283,000 kg CO2e from purchased goods and services, 83,469,000 kg CO2e from upstream transportation and distribution, 28,207,000 kg CO2e from fuel and energy related activities, 10,650,000 kg CO2e from waste generated in operations, 107,847,000 kg CO2e from the use of sold products, and 134,240,000 kg CO2e from the end-of-life treatment of sold products.

Looking back, in 2023, the company's Scope 1 emissions were approximately 51,502,000 kg CO2e, with market-based Scope 2 emissions at about 96,510,000 kg CO2e.

Intertape Polymer Group is committed to ambitious climate action. The company has set a target to reduce absolute Scope 1 and 2 greenhouse gas emissions by 42% by 2030, using 2021 as a base year. Furthermore, they aim to reduce absolute Scope 3 GHG emissions from purchased goods and services, use of sold products, and end-of-life treatment of sold products by 42% within the same timeframe. These near-term targets are consistent with reductions required to keep warming to 1.5°C, as validated by the Science Based Targets initiative (SBTi). Intertape Polymer Group has also committed to reaching net-zero carbon emissions by 2050 and is a signatory to The Climate Pledge, which includes a commitment to reduce portfolio-wide Scope 1 and 2 greenhouse gas emissions by at least 50% by 2032 from a 2023 base year.