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)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions 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 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).

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.

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 COâ‚‚ equivalent (tCOâ‚‚e).

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.

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.

What are Graphic Packaging Holding's Scope 2 emissions?

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

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.

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.

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 COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

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.

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 COâ‚‚ equivalent (tCOâ‚‚e).

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.

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.

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.

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.

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:

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

Graphic Packaging Holding's Scope 3 Emissions by Categories

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

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 COâ‚‚ equivalent (tCOâ‚‚e) 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.

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%.