Graphic Packaging Holding Co

Common Name
Graphic Packaging Holding
Country
United States
Sector
Consumer Cyclical
Industry
Packaging & Containers
Employees
23,000
Ticker
GPK
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Graphic Packaging Holding Company is a leading provider in the packaging industry, specializing in sustainable fiber-based solutions. It primarily produces paperboard packaging, which plays a critical...

Graphic Packaging Holding's GHG Emissions Data Preview

In 2023, Graphic Packaging Holding 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).

Graphic Packaging Holding 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)2023202220212020 - 2017
Total Scope 1
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0000000
Total Scope 2
Market-Based
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0000000
Location-Based
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a
0000000
Total Scope 3
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a
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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0000000
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Verified Sources Behind Graphic Packaging Holding’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 Graphic Packaging Holding’s data sources below and access millions more through our Disclosure Search.

a. Graphic Packaging Holding's ESG Report 2023
a. Graphic Packaging Holding's ESG Report 2023
b. Graphic Packaging Holding's ESG Report 2020
b. Graphic Packaging Holding's ESG Report 2020

Insights into Graphic Packaging Holding's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Graphic Packaging Holding amounted to 2,418,000 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 2022, the total operational greenhouse gas (GHG) emissions of Graphic Packaging Holding decreased by 1.89%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Graphic Packaging Holding's Scope 1 Emissions Over Time

2018201920202021202220230450 k900 k1.35 M1.8 MtCO2e-2%+9%+11%+3%-1%
  • Total Scope 1
  • Year-over-Year Change

What are Graphic Packaging Holding's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Graphic Packaging Holding were 1,635,700 metric tons of CO₂ equivalent (tCO₂e). a

Has Graphic Packaging Holding reduced its Scope 1 emissions over time?

Since 2018, Graphic Packaging Holding's Scope 1 emissions have increased by 21.08%, reflecting a rising long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2022), Graphic Packaging Holding's Scope 1 emissions decreased by 1.36%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Graphic Packaging Holding's Scope 2 emissions?

In 2023, Graphic Packaging Holding reported Scope 2 greenhouse gas (GHG) emissions of 810,700 tCO₂e using the market-based method and 782,300 tCO₂e using the location-based method. a

Has Graphic Packaging Holding reduced its Scope 2 emissions over time?

Compared to the previous year (2022), Graphic Packaging Holding's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Graphic Packaging Holding 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Graphic Packaging Holding use for Scope 2 reporting?

In 2023, Graphic Packaging Holding reported its Scope 2 emissions using the market-based method and using the location-based method. a

Graphic Packaging Holding's Scope 2 Emissions Over Time

2018201920202021202220230250 k500 k750 k1 MtCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Graphic Packaging Holding's Value Chain Emissions

In 2023, Graphic Packaging Holding reported 7,490,000 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 2023 disclosure of Graphic Packaging Holding includes a breakdown across 12 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Graphic Packaging Holding's Scope 3 Emissions Over Time

20182019202020212022202302 M4 M6 M8 MtCO2e+23%+2%+86%+5%+8%
  • Total Scope 3
  • Year-over-Year Change

What are Graphic Packaging Holding's Scope 3 emissions?

In 2023, Graphic Packaging Holding reported total Scope 3 emissions of 7,490,000 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 81.49% of these emissions originated from upstream activities such as purchased goods and capital goods, while 18.51% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has Graphic Packaging Holding reduced its Scope 3 emissions over time?

Since 2018, Graphic Packaging Holding's Scope 3 emissions have increased by 163.71%, reflecting a rising long-term trend in Scope 3 emissions over time. a b

Compared to the previous year (2022), Graphic Packaging Holding's Scope 3 emissions remained relatively stable, indicating that Graphic Packaging Holding 's emissions have plateaued with no significant change in its value chain footprint. a

What categories of Scope 3 emissions does Graphic Packaging Holding disclose?

In 2023, Graphic Packaging Holding 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 Graphic Packaging Holding's Scope 3 emissions?

In 2023, the largest contributors to Graphic Packaging Holding's Scope 3 emissions were: a

  • Purchased Goods and Services (Cat. 1): 3,990,000 tCO₂e (53.13%)
  • Upstream Transportation and Distribution (Cat. 4): 1,260,000 tCO₂e (16.78%)
  • End-of-Life Treatment of Sold Products (Cat. 12): 1,260,000 tCO₂e (16.78%)

Graphic Packaging Holding's Scope 3 Emissions by Categories

UpstreamTransportation andDistribution(Cat. 4)(16.8%)Purchased Goods andServices (Cat. 1)(53.1%)End-of-LifeTreatment of SoldProducts (Cat. 12)(16.8%)

Insights into Graphic Packaging Holding’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Graphic Packaging Holding reported Scope 1 greenhouse gas (GHG) emissions of 1,635,700 tCO₂e and total revenues of USD 9,428 millions. This translates into an emissions intensity of 173.49 tCO₂e per millions USD. a

Graphic Packaging Holding's Scope 1 Emissions Intensity Compared to Peers

1,00010,000200,0002,000,00020,000,000Scope 1 Emissions (tCO2e)1,0002,00010,00020,00050,000Revenues (Millions of USD)PolarisYear: 2023Scope 1: 53,742 tCO2eRevenue: $M 8,934Scope 1 Intensity: 6.02 tCO2e/$MSilgan HoldingsYear: 2021Scope 1: 260,303 tCO2eRevenue: $M 5,677Scope 1 Intensity: 45.85 tCO2e/$MCrown HoldingsYear: 2024Scope 1: 562,894 tCO2eRevenue: $M 11,801Scope 1 Intensity: 47.70 tCO2e/$MMGM Resorts InternationalYear: 2024Scope 1: 224,425 tCO2eRevenue: $M 17,241Scope 1 Intensity: 13.02 tCO2e/$MInternational PaperYear: 2024Scope 1: 6,266,000 tCO2eRevenue: $M 18,619Scope 1 Intensity: 336.54 tCO2e/$MSonoco ProductsYear: 2024Scope 1: 637,605 tCO2eRevenue: $M 5,305Scope 1 Intensity: 120.18 tCO2e/$MGreifYear: 2023Scope 1: 656,000 tCO2eRevenue: $M 5,219Scope 1 Intensity: 125.70 tCO2e/$MSkechers USAYear: 2023Scope 1: 10,610 tCO2eRevenue: $M 8,000Scope 1 Intensity: 1.33 tCO2e/$MMurphy USAYear: 2022Scope 1: 6,350 tCO2eRevenue: $M 23,449Scope 1 Intensity: 0.27 tCO2e/$MBallYear: 2024Scope 1: 387,349 tCO2eRevenue: $M 11,795Scope 1 Intensity: 32.84 tCO2e/$MGapYear: 2024Scope 1: 36,164 tCO2eRevenue: $M 15,086Scope 1 Intensity: 2.40 tCO2e/$MLKQYear: 2023Scope 1: 247,117 tCO2eRevenue: $M 13,866Scope 1 Intensity: 17.82 tCO2e/$MLearYear: 2023Scope 1: 86,296 tCO2eRevenue: $M 23,467Scope 1 Intensity: 3.68 tCO2e/$MThor IndustriesYear: 2024Scope 1: 51,703 tCO2eRevenue: $M 10,043Scope 1 Intensity: 5.15 tCO2e/$MVFYear: 2024Scope 1: 7,895 tCO2eRevenue: $M 10,454Scope 1 Intensity: 0.76 tCO2e/$MBorgwarnerYear: 2024Scope 1: 59,119 tCO2eRevenue: $M 14,086Scope 1 Intensity: 4.20 tCO2e/$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: $M 7,802Scope 1 Intensity: 220.45 tCO2e/$MSealed AirYear: 2023Scope 1: 124,142 tCO2eRevenue: $M 5,489Scope 1 Intensity: 22.62 tCO2e/$MGroup 1 AutomotiveYear: 2024Scope 1: 190,357 tCO2eRevenue: $M 19,934Scope 1 Intensity: 9.55 tCO2e/$MMacy'sYear: 2022Scope 1: 40,901 tCO2eRevenue: $M 25,448Scope 1 Intensity: 1.61 tCO2e/$MNorwegian Cruise Line HoldingsYear: 2024Scope 1: 3,242,719 tCO2eRevenue: $M 9,480Scope 1 Intensity: 342.07 tCO2e/$MGraphic Packaging HoldingYear: 2023Scope 1: 1,635,700 tCO2eRevenue: $M 9,428Scope 1 Intensity: 173.49 tCO2e/$M

How does Graphic Packaging Holding's GHG emissions intensity compare to its peers?

In 2023, Graphic Packaging Holding reported a Scope 1 emissions intensity of 173.49 tCO₂e per millions USD. Compared to the peer group median of 15.42 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Graphic Packaging Holding rank on GHG emissions intensity within its industry?

In 2023, Graphic Packaging Holding ranked 20 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places Graphic Packaging Holding among the least efficient performers, with one of the highest emissions intensities in its sector. a

Insights into Graphic Packaging Holding's Total Carbon Footprint

In 2023, Graphic Packaging Holding reported a total carbon footprint of 9,908,000 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 5.24% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to Graphic Packaging Holding's total carbon footprint was Scope 3 emissions, accounting for 75.6% of the company's total carbon footprint, followed by Scope 1 emissions at 16.51%. a

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