Greif Inc
Greif's GHG Emissions Data Preview
In 2023, Greif 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).
Greif has also provided a category-level breakdown for 8 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
a
a
a
a
a
a
a
a
a
a
a
a
a
a
a
a
a
a
a
a
a
a
aVerified Sources Behind Greif’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 Greif’s data sources below and access millions more through our Disclosure Search.
Insights into Greif's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Greif amounted to 1,157,000 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 Greif decreased by 12.41%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a
Greif's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Greif's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Greif were 656,000 metric tons of CO₂ equivalent (tCO₂e). a
Has Greif reduced its Scope 1 emissions over time?
Since 2018, Greif's Scope 1 emissions have increased by 74.14%, reflecting a rising long-term trend in Scope 1 emissions over time. a b
Compared to the previous year (2022), Greif's Scope 1 emissions decreased by 13.23%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a
What are Greif's Scope 2 emissions?
In 2023, Greif reported Scope 2 greenhouse gas (GHG) emissions of 501,000 tCO₂e using the location-based method. a
Has Greif reduced its Scope 2 emissions over time?
Since 2018, Greif's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have increased by 20.46%, reflecting a rising long-term trend in Scope 2 emissions over time. a b
Compared to the previous year (2022), Greif's Scope 2 emissions (Location-Based) fell by 11.33% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a
What methodology does Greif use for Scope 2 reporting?
In 2023, Greif reported its Scope 2 emissions using the location-based method. a
Greif's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Greif's Value Chain Emissions
In 2023, Greif reported 5,062,000 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 Greif includes a breakdown across 8 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
Greif's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Greif's Scope 3 emissions?
In 2023, Greif reported total Scope 3 emissions of 5,062,000 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 82.66% of these emissions originated from upstream activities such as purchased goods and capital goods, while 17.34% came from downstream activities like product use, distribution, and end-of-life treatment. a
Has Greif reduced its Scope 3 emissions over time?
Since 2018, Greif's Scope 3 emissions have increased by 76.56%, reflecting a rising long-term trend in Scope 3 emissions over time. a b
Compared to the previous year (2022), Greif's Scope 3 emissions remained relatively stable, indicating that Greif 's emissions have plateaued with no significant change in its value chain footprint. a
What categories of Scope 3 emissions does Greif disclose?
In 2023, Greif reported emissions for 8 out of the 15 Scope 3 categories defined by the GHG Protocol. a
This partial disclosure allows for some insight into the company's indirect impacts.
What are the main sources of Greif's Scope 3 emissions?
In 2023, the largest contributors to Greif's Scope 3 emissions were: a
- Purchased Goods and Services (Cat. 1): 3,507,000 tCO₂e (69.28%)
- End-of-Life Treatment of Sold Products (Cat. 12): 878,000 tCO₂e (17.34%)
- Fuel- and Energy-Related Services (Cat. 3): 251,000 tCO₂e (4.96%)
Greif's Scope 3 Emissions by Categories
Insights into Greif’s GHG Emissions Intensity Compared to Industry Peers
In 2023, Greif reported Scope 1 greenhouse gas (GHG) emissions of 656,000 tCO₂e and total revenues of USD 5,219 millions. This translates into an emissions intensity of 125.7 tCO₂e per millions USD. a
Greif's Scope 1 Emissions Intensity Compared to Peers
How does Greif's GHG emissions intensity compare to its peers?
In 2023, Greif reported a Scope 1 emissions intensity of 125.7 tCO₂e per millions USD. Compared to the peer group median of 24.39 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a
Where does Greif rank on GHG emissions intensity within its industry?
In 2023, Greif ranked 19 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
This places Greif among the least efficient performers, with one of the highest emissions intensities in its sector. a
Insights into Greif's Total Carbon Footprint
In 2023, Greif reported a total carbon footprint of 6,219,000 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 1.91% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output. a
The largest contributor to Greif's total carbon footprint was Scope 3 emissions, accounting for 81.4% of the company's total carbon footprint, followed by Scope 1 emissions at 10.55%. a