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Greif Inc
Greif's GHG Emissions Data Preview
In 2024, 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 10 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 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.  a | 0000000 |
Total Scope 2 | ||||
Market-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.  a | 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.  a | 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.  a | 0000000 |
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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 2024, the total operational greenhouse gas (GHG) emissions ofGreif amounted to1,101,000metric 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 Greifincreased by 0.18%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
Greif's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Greif's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Greif were 625,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Has Greif reduced its Scope 1 emissions over time?
Since 2019, Greif's Scope 1 emissions have decreased by 8.89%, reflecting a declining long-term trend in Scope 1 emissions over time.ab
Compared to the previous year(2023), Greif's Scope 1 emissions increased by 3.31%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
What are Greif's Scope 2 emissions?
In 2024, Greif reported Scope 2 greenhouse gas (GHG) emissions of 495,000 tCOâ‚‚e using the market-based method and 476,000 tCOâ‚‚e using the location-based method.a
Has Greif reduced its Scope 2 emissions over time?
Since 2019, Greif's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have decreased by 23.5%, reflecting a declining long-term trend in Scope 2 emissions over time.ac
Compared to the previous year(2023), Greif's Scope 2 emissions(Location-Based) have remained relatively stable, indicating that Greif's emissions have plateaued with no significant change in its energy consumption footprint.a
What methodology does Greif use for Scope 2 reporting?
In 2024, Greif reported its Scope 2 emissions using the market-based method and 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 2024, Greif reported 5,144,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Greif includes a breakdown across 10of the 15 Scope 3 categories defined by the GHG Protocol,up from 8 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
Greif's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Greif's Scope 3 emissions?
In 2024, Greif reported total Scope 3 emissions of 5,144,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Approximately 69.63%of these emissions originated from upstream activities such as purchased goods and capital goods, while 30.37%came from downstream activities like product use, distribution, and end-of-life treatment.a
Has Greif reduced its Scope 3 emissions over time?
Since 2019, Greif's Scope 3 emissionshave increased by 16.72%, reflecting a rising long-term trend in Scope 3 emissions over time.ab
Compared to the previous year (2023), 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 2024, Greif reported emissions for 10 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 Greif's Scope 3 emissions?
In 2024, the largest contributors to Greif's Scope 3 emissions were:a
- Purchased Goods and Services (Cat. 1): 2,927,000 tCOâ‚‚e(56.9%)
- End-of-Life Treatment of Sold Products (Cat. 12): 1,306,000 tCOâ‚‚e(25.39%)
- Processing of Sold Products (Cat. 10): 255,000 tCOâ‚‚e(4.96%)
Greif's Scope 3 Emissions by Categories
Insights into Greif’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Greif reported Scope 1 greenhouse gas (GHG) emissions of 625,000 tCOâ‚‚e and total revenues of USD 4,355 millions. This translates into an emissions intensity of 143.52 tCOâ‚‚e 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 2024, Greif reported a Scope 1 emissions intensity of 143.52 tCOâ‚‚e per millions USD. Compared to the peer group median of 26.19, 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 2024, Greif ranked 19 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e 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 2024, Greif reported a total carbon footprint of 6,245,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 1.36% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Greif's total carbon footprint was Scope 3 emissions, accounting for 82.37% of the company's total carbon footprint, followed by Scope 1 emissions at 10.01%.a