Sofidel

Sofidel, headquartered in Italy, operates in the paper and paper products industry. In 2024, Sofidel reported total emissions of approximately 935,907,000 kg CO2e. This figure includes Scope 1 emissions of approximately 616,102,000 kg CO2e, Scope 2 emissions of about 319,806,000 kg CO2e (market-based), and partial Scope 3 emissions, specifically 159,939,000 kg CO2e from downstream transportation and distribution.

In 2023, Sofidel's total reported emissions were approximately 927,091,000 kg CO2e, comprising Scope 1 emissions of around 562,146,000 kg CO2e and Scope 2 emissions of roughly 364,945,000 kg CO2e (market-based). In 2022, total emissions stood at approximately 880,473,000 kg CO2e, with Scope 1 at about 585,811,000 kg CO2e and Scope 2 at approximately 294,662,000 kg CO2e (market-based).

Sofidel is committed to long-term climate action, aiming to achieve Net Zero emissions across its entire value chain by 2050. This ambition is consistent with the European goal of becoming the first climate-neutral continent.

The company has set several near-term Science Based Targets initiative (SBTi) approved targets:

• A 40% reduction in Scope 1 and Scope 2 CO2 emissions by 2030, against a 2018 base year.
• A 24% reduction in overall Scope 3 GHG emissions by 2030, against a 2018 base year.
• A 40% intensity reduction in Scope 1, Scope 2, and Scope 3 emissions from suppliers' pulping process per tonne of paper by 2030, from a 2018 base year.

Historically, Sofidel aimed to reduce specific Scope 1 and Scope 2 CO2 emissions by 26% from a 2007 base year by 2020. This data is self-reported by Sofidel S.p.A.