Packaging Finance Limited

Packaging Finance Limited's reported carbon emissions

In 2022, Packaging Finance Limited reported total carbon emissions of approximately 446,000,000 kg CO2e. This figure includes Scope 1 emissions of about 163,173,000 kg CO2e, Scope 2 emissions of approximately 47,494,000 kg CO2e, and Scope 3 emissions totalling around 259,665,000 kg CO2e. The company has shown a slight increase in emissions from 2021, where total emissions were approximately 453,000,000 kg CO2e, comprising Scope 1 emissions of about 155,115,000 kg CO2e, Scope 2 emissions of approximately 52,633,000 kg CO2e, and Scope 3 emissions of around 271,792,000 kg CO2e. Despite these figures, Packaging Finance Limited has not set specific reduction targets or initiatives as part of their climate commitments. The company is a current subsidiary of a larger corporate family, inheriting emissions data from its parent organization, Packaging Finance Limited, at a cascade level of 1. As of now, there are no documented climate pledges or initiatives such as SBTi targets associated with the company. The absence of reduction targets highlights an opportunity for Packaging Finance Limited to enhance its sustainability efforts and align with industry standards for climate action.