Sofidel

Sofidel, a paper and paper products manufacturer headquartered in Italy, has reported a total of approximately 935.9 million kg CO2e in emissions for 2024. This figure encompasses Scope 1 and Scope 2 emissions, which collectively amounted to approximately 935.9 million kg CO2e. Specifically, Scope 1 emissions were around 616.1 million kg CO2e, and Scope 2 emissions totalled approximately 319.8 million kg CO2e. The company also disclosed downstream transportation and distribution emissions within Scope 3.

Looking at prior years, Sofidel reported approximately 927.1 million kg CO2e for 2023, with Scope 1 emissions at about 562.1 million kg CO2e and Scope 2 at approximately 364.9 million kg CO2e. In 2022, total Scope 1 and 2 emissions were approximately 880.5 million kg CO2e, comprising 585.8 million kg CO2e for Scope 1 and 294.7 million kg CO2e for Scope 2.

Sofidel has established significant climate commitments. The company aims to contribute to Europe's goal of becoming climate-neutral by 2050 and has committed to achieving Net Zero by 2050. This long-term vision is supported by near-term targets, including an ambition to reduce Scope 1 and 2 CO2 emissions by 40% by 2030, compared to a 2018 base year. Additionally, Sofidel is working to reduce its Scope 3 emissions by 24% per tonne of paper by 2030, also against a 2018 baseline. These targets have been approved by the Science Based Targets initiative (SBTi). The company also aims for a 40% reduction in emissions related to its suppliers' pulp production by 2030.