CCL Industries Inc

Common Name
CCL Industries
Country
Canada
Sector
Consumer Cyclical
Industry
Packaging & Containers
Employees
26,300
Ticker
CCL.B
Exchange
TORONTO STOCK EXCHANGE
Website
cclind.com
Description
Ccl Industries Inc. is a leading global provider of specialty label and packaging solutions. It operates through its various segments, including CCL Label, Avery, Checkpoint, and Innovia, each serving...

CCL Industries's Climate Target Data Preview

As of 2024, CCL Industries has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 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 CCL Industries ’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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a
2030
Absolute-based Target
Scope 1 - Total, Scope 2 - Total, Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Capital Goods (Cat. 2), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Upstream Transportation and Distribution (Cat. 4), Scope 3 - Downstream Transportation and Distribution (Cat. 9), Scope 3 - Waste Generated in Operations (Cat. 5), Scope 3 - Processing of Sold Products (Cat. 10), Scope 3 - Use of Sold Products (Cat. 11), Scope 3 - End-of-Life Treatment of Sold Products (Cat. 12)
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2050
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Verified Sources Behind CCL Industries’s Climate Targets Data

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a. CCL Industries's Sustainability Report 2024
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Insights into CCL Industries's Greenhouse Gas Emissions Pathways

As of 2024, CCL Industries has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions. a

Does CCL Industries have a target to reduce the emissions from its operations?

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

CCL Industries's most ambitious operational target is to reduce these emissions by 50% by 2030, compared to a baseline of 411,742 Metric Tonnes of CO2 equivalent (mtCO2e) in 2022. a

As of 2024, CCL Industries is lagging behind on its operational emissions reduction target, having achieved 1.92% of the planned reduction. a

CCL Industries's Operational (Scope 1+2) Emissions Pathway

2022202420300150 k300 k450 k600 kCurrent (-1%)Target 2030 (-50%)

Does CCL Industries have a target to reduce its total carbon footprint?

As of 2024, CCL Industries has set a target to reduce its total carbon footprint, specifically those from Scope 1, Scope 2 and Scope 3 sources. a

CCL Industries's most ambitious carbon footprint target is to reduce its scope 1, 2 and 3 emissions from a baseline of 2,151,086 Metric Tonnes of CO2 equivalent (mtCO2e) in 2022, by 90% by 2050. a

Instead of reducing total carbon footprint, CCL Industries has increased them, with 2024 levels exceeding those of the 2022 baseline, placing the company well behind its reduction target. a

CCL Industries's Carbon Footprint (Scope 1+2+3) Emissions Pathway

2022202420500550 k1.1 M1.65 M2.2 MCurrent (+1%)Target 2050 (-90%)
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