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 GHG Emissions Data Preview

In 2024, CCL Industries completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

CCL Industries has also provided a category-level breakdown for 12 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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0000000
Location-Based
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Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind CCL Industries’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore CCL Industries’s data sources below and access millions more through our Disclosure Search.

a. CCL Industries's Sustainability Report 2024
a. CCL Industries's Sustainability Report 2024
b. CCL Industries's Sustainability Report 2023
b. CCL Industries's Sustainability Report 2023

Insights into CCL Industries's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of CCL Industries amounted to 411,341 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of CCL Industries increased by 7.16%, suggesting that the company faced challenges in reducing its emissions from its core operations. a b

CCL Industries's Scope 1 Emissions Over Time

201920202021202220232024040 k80 k120 k160 ktCO2e0%+3%+3%-10%+12%
  • Total Scope 1
  • Year-over-Year Change

What are CCL Industries's Scope 1 emissions?

In 2024, the total Scope 1 emissions of CCL Industries were 153,340 metric tons of CO₂ equivalent (tCO₂e). a

Has CCL Industries reduced its Scope 1 emissions over time?

Since 2019, CCL Industries's Scope 1 emissions have increased by 7.36%, reflecting a rising long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2023), CCL Industries's Scope 1 emissions increased by 12.48%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are CCL Industries's Scope 2 emissions?

In 2024, CCL Industries reported Scope 2 greenhouse gas (GHG) emissions of 254,469 tCO₂e using the market-based method and 258,001 tCO₂e using the location-based method. a

Has CCL Industries reduced its Scope 2 emissions over time?

Compared to the previous year (2023), CCL Industries's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that CCL Industries 's emissions have plateaued with no significant change in its energy consumption footprint. a b

What methodology does CCL Industries use for Scope 2 reporting?

In 2024, CCL Industries reported its Scope 2 emissions using the market-based method and using the location-based method. a

CCL Industries's Scope 2 Emissions Over Time

201920202021202220232024070 k140 k210 k280 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into CCL Industries's Value Chain Emissions

In 2024, CCL Industries reported 1,760,026 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2024 disclosure of CCL Industries includes a breakdown across 12 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

CCL Industries's Scope 3 Emissions Over Time

2019202020212022202320240450 k900 k1.35 M1.8 MtCO2e-17%+26%+68%+1%0%
  • Total Scope 3
  • Year-over-Year Change

What are CCL Industries's Scope 3 emissions?

In 2024, CCL Industries reported total Scope 3 emissions of 1,760,026 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 74.51% of these emissions originated from upstream activities such as purchased goods and capital goods, while 25.49% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has CCL Industries reduced its Scope 3 emissions over time?

Since 2019, CCL Industries's Scope 3 emissions have increased by 77.15%, reflecting a rising long-term trend in Scope 3 emissions over time. a

Compared to the previous year (2023), CCL Industries's Scope 3 emissions remained relatively stable, indicating that CCL Industries 's emissions have plateaued with no significant change in its value chain footprint. a

What categories of Scope 3 emissions does CCL Industries disclose?

In 2024, CCL Industries reported emissions for 12 out of the 15 Scope 3 categories defined by the GHG Protocol. a

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of CCL Industries's Scope 3 emissions?

In 2024, the largest contributors to CCL Industries's Scope 3 emissions were: a

  • Purchased Goods and Services (Cat. 1): 914,934 tCO₂e (51.98%)
  • Processing of Sold Products (Cat. 10): 263,672 tCO₂e (14.98%)
  • End-of-Life Treatment of Sold Products (Cat. 12): 168,521 tCO₂e (9.57%)

CCL Industries's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(52.0%)Processing of SoldProducts (Cat. 10)(15.0%)End-of-LifeTreatment of SoldProducts (Cat. 12)(9.6%)

Insights into CCL Industries’s GHG Emissions Intensity Compared to Industry Peers

In 2024, CCL Industries reported Scope 1 greenhouse gas (GHG) emissions of 153,340 tCO₂e and total revenues of USD 5,037 millions. This translates into an emissions intensity of 30.45 tCO₂e per millions USD. a

CCL Industries's Scope 1 Emissions Intensity Compared to Peers

50010,000100,0002,000,00020,000,000Scope 1 Emissions (tCO2e)505002,00010,00050,000Revenues (Millions of USD)CFSTMSilgan HoldingsYear: 2021Scope 1: 260,303 tCO2eRevenue: $M 5,677Scope 1 Intensity: 45.85 tCO2e/$MGraphic Packaging HoldingYear: 2023Scope 1: 1,635,700 tCO2eRevenue: $M 9,428Scope 1 Intensity: 173.49 tCO2e/$MMayr-Melnhof KartonYear: 2022Scope 1: 1,080,000 tCO2eRevenue: $M 4,991Scope 1 Intensity: 216.37 tCO2e/$MSCG PackagingYear: 2024Scope 1: 3,478,086 tCO2eRevenue: $M 3,867Scope 1 Intensity: 899.36 tCO2e/$MInternational PaperYear: 2024Scope 1: 6,266,000 tCO2eRevenue: $M 18,619Scope 1 Intensity: 336.54 tCO2e/$MVidralaYear: 2024Scope 1: 919,171 tCO2eRevenue: $M 1,656Scope 1 Intensity: 555.12 tCO2e/$MGreifYear: 2023Scope 1: 656,000 tCO2eRevenue: $M 5,219Scope 1 Intensity: 125.70 tCO2e/$MElopakYear: 2024Scope 1: 4,379 tCO2eRevenue: $M 14,259Scope 1 Intensity: 0.31 tCO2e/$MCCCabkaYear: 2024Scope 1: 3,914 tCO2eRevenue: $M 189Scope 1 Intensity: 20.68 tCO2e/$MFFFPYear: 2023Scope 1: 8,842 tCO2eRevenue: $M 1,586Scope 1 Intensity: 5.57 tCO2e/$MHuhtamakiYear: 2024Scope 1: 218,431 tCO2eRevenue: $M 4,294Scope 1 Intensity: 50.87 tCO2e/$MTranscontinentalYear: 2024Scope 1: 65,784 tCO2eRevenue: $M 2,020Scope 1 Intensity: 32.56 tCO2e/$MSSSmurfit WestRockYear: 2024Scope 1: 5,674,000 tCO2eRevenue: $M 21,109Scope 1 Intensity: 268.80 tCO2e/$MTTTon Yi IndustrialYear: 2024Scope 1: 72,866 tCO2eRevenue: $M 1,369Scope 1 Intensity: 53.21 tCO2e/$MYunnan Energy New MaterialYear: 2023Scope 1: 319,036 tCO2eRevenue: $M 1,694Scope 1 Intensity: 188.29 tCO2e/$MHexagon CompositesYear: 2024Scope 1: 2,637 tCO2eRevenue: $M 428Scope 1 Intensity: 6.16 tCO2e/$MAvery DennisonYear: 2024Scope 1: 238,000 tCO2eRevenue: $M 8,756Scope 1 Intensity: 27.18 tCO2e/$MPackaging Corp of AmericaYear: 2023Scope 1: 1,720,000 tCO2eRevenue: $M 7,802Scope 1 Intensity: 220.45 tCO2e/$MSIG GroupYear: 2024Scope 1: 20,100 tCO2eRevenue: $M 3,270Scope 1 Intensity: 6.15 tCO2e/$MMMMacfarlane GroupYear: 2024Scope 1: 4,535 tCO2eRevenue: $M 339Scope 1 Intensity: 13.36 tCO2e/$MVeralliaYear: 2024Scope 1: 2,166,000 tCO2eRevenue: $M 3,596Scope 1 Intensity: 602.26 tCO2e/$MSealed AirYear: 2023Scope 1: 124,142 tCO2eRevenue: $M 5,489Scope 1 Intensity: 22.62 tCO2e/$MArdagh Metal PackagingYear: 2023Scope 1: 165,020 tCO2eRevenue: $M 4,812Scope 1 Intensity: 34.29 tCO2e/$MCCL IndustriesYear: 2024Scope 1: 153,340 tCO2eRevenue: $M 5,037Scope 1 Intensity: 30.45 tCO2e/$M

How does CCL Industries's GHG emissions intensity compare to its peers?

In 2024, CCL Industries reported a Scope 1 emissions intensity of 30.45 tCO₂e per millions USD. Compared to the peer group median of 50.87 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does CCL Industries rank on GHG emissions intensity within its industry?

In 2024, CCL Industries ranked 9 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

CCL Industries is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

Insights into CCL Industries's Total Carbon Footprint

In 2024, CCL Industries reported a total carbon footprint of 2,171,367 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 1.14% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a b

The largest contributor to CCL Industries's total carbon footprint was Scope 3 emissions, accounting for 81.06% of the company's total carbon footprint, followed by Scope 2 emissions at 11.88%. a

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