Packaging Corporation Of America

Packaging Corporation Of America, a US-headquartered company in the Paper and paper products industry, reported its Scope 1 emissions for 2024 as 2 billion kg CO2e. Scope 2 emissions (market-based) were 1.24 billion kg CO2e, and Scope 3 emissions were 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) were 1.54 billion kg CO2e, and Scope 3 were 2.29 billion kg CO2e. In 2022, Scope 1 emissions were around 1.81 billion kg CO2e, Scope 2 (market-based) were 1.43 billion kg CO2e, and Scope 3 were 2.43 billion kg CO2e.

Packaging Corporation Of America has set several climate commitments. The company aims for a 35% reduction in Scope 1 and 2 emissions between 2021 and 2030. For long-term goals, they are targeting a 60% reduction in Scope 1, 2, and 3 emissions by 2040 (from a 2021 base year) and aspire to achieve Net-Zero carbon emissions across Scope 1, 2, and 3 by 2050. Packaging Corporation Of America formed a Carbon Neutrality Team in February 2021 to focus on reducing fossil fuel consumption from direct and indirect operations.