Mativ Holdings, Inc.

Mativ Holdings, Inc., an "All Other Converted Paper Product Manufacturing" company headquartered in the US, has reported its carbon emissions and set ambitious climate targets.

For the reporting year 2024, Mativ Holdings, Inc. reported a total of approximately 1.8 billion kg CO2e in greenhouse gas emissions. This total comprises approximately 205.9 million kg CO2e of Scope 1 emissions, approximately 174.6 million kg CO2e of Scope 2 (market-based) emissions, and a substantial 1.46 billion kg CO2e of Scope 3 emissions. Their Scope 3 emissions are predominantly driven by purchased goods and services (approximately 1.03 billion kg CO2e) and the end-of-life treatment of sold products (approximately 232.0 million kg CO2e).

In 2023, the company's total emissions were approximately 1.49 billion kg CO2e, with Scope 1 emissions at approximately 190.0 million kg CO2e, Scope 2 (market-based) at approximately 171.9 million kg CO2e, and Scope 3 at approximately 1.13 billion kg CO2e.

For the 2023 reporting year (covering 2022 data), Mativ Holdings, Inc. reported Scope 1 emissions of approximately 225.6 million kg CO2e and Scope 2 (market-based) emissions of approximately 185.8 million kg CO2e. Scope 3 emissions data for this year were not disclosed.

Mativ Holdings, Inc. has made significant Science Based Targets initiative (SBTi) commitments. The company is committed to achieving net-zero greenhouse gas emissions across its value chain by 2050. To support this long-term goal, they have set near-term targets, committing to reduce absolute Scope 1 and 2 GHG emissions by 54.6% by 2033 from a 2023 base year. Additionally, they have committed to reducing absolute Scope 3 GHG emissions by 32.5% within the same timeframe. Furthermore, their long-term targets include a commitment to reduce absolute Scope 1 and 2 GHG emissions by 90.0% by 2050 from a 2023 base year, and an equivalent 90.0% reduction in absolute Scope 3 GHG emissions. These targets are derived from the company's own commitments.