Packaging Corporation Of America

Packaging Corporation Of America, a US-based company in the Paper and paper products industry, reported its 2024 carbon emissions as: Scope 1 at 2 billion kg CO2e, Scope 2 (market-based) at 1.24 billion kg CO2e, and Scope 3 at 2.57 billion kg CO2e.

Looking back, in 2023, the company's Scope 1 emissions were approximately 1.72 billion kg CO2e, Scope 2 (market-based) emissions were about 1.54 billion kg CO2e, and Scope 3 emissions were around 2.29 billion kg CO2e. In 2022, Scope 1 emissions were 1.81 billion kg CO2e, Scope 2 (market-based) emissions were 1.43 billion kg CO2e, and Scope 3 emissions totalled 2.43 billion kg CO2e. For 2021, Scope 1 emissions stood at 1.95 billion kg CO2e, Scope 2 (market-based) at 1.62 billion kg CO2e, and Scope 3 at 2.48 billion kg CO2e. In 2020, the company reported Scope 1 emissions of 1.77 billion kg CO2e, Scope 2 (market-based) emissions of 1.38 billion kg CO2e, and Scope 3 emissions of 2.3 billion kg CO2e.

Packaging Corporation Of America has set several climate commitments. The company aims for a 35% reduction in Scope 1 and Scope 2 emissions between 2021 and 2030. Furthermore, they are targeting a 60% reduction across all scopes (Scope 1, 2, and 3) by 2040, with a long-term goal of achieving Net-Zero carbon emissions for Scope 1, 2, and 3 by 2050. A Carbon Neutrality Team was formed in February 2021, specifically focusing on reducing both direct (Scope 1) and indirect (purchased electricity, Scope 2) fossil fuel consumption.