Sonoco

Sonoco, a US-based paper and paper products company, reported total greenhouse gas (GHG) emissions of approximately 4.39 billion kg CO2e for the year 2024. This figure encompasses Scope 1, Scope 2, and Scope 3 emissions.

For Scope 1 emissions, Sonoco reported approximately 637.6 million kg CO2e in 2024. Their Scope 2 emissions, using the market-based method, were approximately 503 million kg CO2e, while the location-based method recorded approximately 510.2 million kg CO2e for the same year. Scope 3 emissions for 2024 totalled approximately 3.24 billion kg CO2e.

Looking at previous years, Sonoco reported Scope 1 emissions of approximately 646.2 million kg CO2e in 2023 and approximately 719.3 million kg CO2e in 2022. Their Scope 2 emissions (market-based) were approximately 541.8 million kg CO2e in 2023 and approximately 577 million kg CO2e in 2022. Scope 3 emissions were approximately 4.31 billion kg CO2e in 2022.

Sonoco has established science-based climate targets. They aim to reduce absolute Scope 1 and Scope 2 GHG emissions by 25% by 2030, using a 2020 baseline. Additionally, they are committed to reducing absolute Scope 3 GHG emissions by 13.5% by 2030, with a 2019 baseline. Sonoco is also actively exploring the operational changes, technological advancements, and market developments necessary to achieve net-zero GHG emissions by 2050.