Avery Dennison Corp

Common Name
Avery Dennison
Country
United States
Sector
Consumer Cyclical
Industry
Packaging & Containers
Employees
35,000
Ticker
AVY
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Avery Dennison Corporation is a global leader in the design and manufacturing of a wide range of labeling and functional materials. Its primary function is to provide pressure-sensitive labels, adhesi...

Avery Dennison's Climate Target Data Preview

As of 2024, Avery Dennison has disclosed 3 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 3 absolute reduction targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Avery Dennison ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2025
Absolute-based Target
Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - End-of-Life Treatment of Sold Products (Cat. 12)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
* This target is limited in scope and does not represent the company's full operational or organizational boundaries

This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Avery Dennison's Greenhouse Gas Emissions Pathways

As of 2024, Avery Dennison has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.

Does Avery Dennison have a target to reduce the emissions from its operations?

As of 2024, Avery Dennison has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

Avery Dennison's most ambitious operational target is to reduce these emissions by 70% by 2030, compared to a baseline of 750,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2015.

As of 2024, Avery Dennison is ahead of schedule on its operational emissions reduction target, having achieved 77.14% of the planned reduction.

Avery Dennison's Operational (Scope 1+2) Emissions Pathway

20152024202520300200 k400 k600 k800 kBaselineCurrent (-54%)Target 2025 (-26%)Target 2030 (-70%)

Does Avery Dennison have a target to reduce the emissions from its value chain?

As of 2024, Avery Dennison has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 2 out of the 15 Scope 3 categories defined by the GHG Protocol.

Avery Dennison's most ambitious value chain target is to reduce these emissions by 30% by 2030, compared to a baseline of 621,050 Metric Tonnes of CO2 equivalent (mtCO2e) in 2018.

Instead of reducing value chain emissions, Avery Dennison has increased them, with 2022 levels exceeding those of the 2018 baseline, placing the company well behind its reduction target.

Avery Dennison's Value Chain (Scope 3) Emissions Pathway

2018202220300250 k500 k750 k1 MBaselineCurrent (+39%)Target 2030 (-30%)
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