Veritiv

Veritiv, a US-headquartered company in the paper and paper products industry, reported its Scope 1, 2, and 3 carbon emissions for 2025 as approximately 3.84 billion kg CO2e. In 2024, the company's total emissions were about 4.06 billion kg CO2e. This followed approximately 3.01 billion kg CO2e in 2023.

Breaking down the 2025 emissions:

• Scope 1 emissions were approximately 53.04 million kg CO2e.
• Scope 2 emissions (market-based) were about 25.21 million kg CO2e.
• Scope 3 emissions were approximately 3.76 billion kg CO2e, with capital goods accounting for about 3.09 billion kg CO2e.

For 2024, Scope 1 emissions were around 59.49 million kg CO2e, Scope 2 (market-based) emissions were approximately 26.11 million kg CO2e, and Scope 3 emissions were about 3.97 billion kg CO2e, with capital goods being the largest contributor at approximately 3.21 billion kg CO2e.

In 2023, Veritiv's Scope 1 emissions were approximately 64.43 million kg CO2e, Scope 2 (market-based) emissions were about 26.60 million kg CO2e, and Scope 3 emissions were approximately 2.92 billion kg CO2e, largely driven by purchased goods and services at around 2.61 billion kg CO2e.

For earlier years, Veritiv disclosed Scope 1 and 2 emissions:

• In 2022, total Scope 1 and 2 emissions were approximately 106.06 million kg CO2e.
• In 2021, total Scope 1 and 2 emissions were about 117.05 million kg CO2e.
• In 2020, total Scope 1 and 2 emissions were approximately 137.15 million kg CO2e.

Veritiv has set a near-term target to reduce its total Scope 1 and Scope 2 emissions by 50% from a 2020 baseline by 2030. The company has committed to this target with the Science Based Targets initiative (SBTi).