Packaging Corp of America

Country
United States
Sector
Consumer Cyclical
Industry
Packaging & Containers
Employees
15,400
Ticker
PKG
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Packaging Corporation of America is a premier manufacturer and provider of packaging solutions in the United States. The company specializes in producing high-quality containerboard and corrugated pac...

Packaging Corp of America's Climate Target Data Preview

As of 2024, Packaging Corp of America has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 absolute reduction targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Packaging Corp of America ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
a
2030
Absolute-based Target
Scope 1 - Total, Scope 2 - Total, Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
a
2040
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Verified Sources Behind Packaging Corp of America’s Climate Targets Data

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a. Packaging Corp of America's Responsibility Report 2024
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Insights into Packaging Corp of America's Greenhouse Gas Emissions Pathways

As of 2024, Packaging Corp of America has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions. a

Does Packaging Corp of America have a target to reduce the emissions from its operations?

As of 2024, Packaging Corp of America has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a

Packaging Corp of America's most ambitious operational target is to reduce these emissions by 35% by 2030, compared to a baseline of 3,570,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2021. a

As of 2024, Packaging Corp of America is lagging behind on its operational emissions reduction target, having achieved 26.4% of the planned reduction. a

Packaging Corp of America's Operational (Scope 1+2) Emissions Pathway

2021202420300900 k1.8 M2.7 M3.6 MCurrent (-9%)Target 2030 (-35%)

Does Packaging Corp of America have a target to reduce its total carbon footprint?

As of 2024, Packaging Corp of America has set a target to reduce its total carbon footprint, specifically those from Scope 1, Scope 2 and Scope 3 sources. a

Packaging Corp of America's most ambitious carbon footprint target is to reduce its scope 1, 2 and 3 emissions from a baseline of 6,050,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2021, by 60% by 2040. a

Packaging Corp of America has already surpassed its total carbon footprint reduction target, with 2024 levels falling below the 2040 value, achieving its climate goal ahead of schedule. a

Packaging Corp of America's Carbon Footprint (Scope 1+2+3) Emissions Pathway

20212024204002 M4 M6 M8 MBaselineCurrent (-100%)Target 2040 (-60%)
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