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 Energy Data Preview

In 2023, Packaging Corp of America disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.

Packaging Corp of America also reported how it meets its energy needs through a mix of purchased and self-generated energy, offering insight into its sourcing strategy and level of energy independence.

Additionally, Packaging Corp of America also disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.

Finally, Packaging Corp of America also reported the types of energy sources as well as generation technologies, both for purchased and self-produced energy, helping stakeholders evaluate Packaging Corp of America's reliance on fossil fuels versus cleaner alternatives.

Metric (GJ)2024202320222021 - 2017
Total Energy Consumed
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Renewable Energy Consumed
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Non-renewable Energy Consumed
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Electricity Consumed
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This table provides a simplified preview of selected energy 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 Packaging Corp of America's Energy Renewability

In 2023, Packaging Corp of America consumed a total of 110.5 million Gigajoules of energy across its operations. Of this total, 64.16% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 35.84% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power.

Packaging Corp of America's Energy Renewability Rate

64%

How much of Packaging Corp of America's energy consumed is renewable?

In 2023, Packaging Corp of America consumed a total of 110.5 million Gigajoules of energy, of which 64.16% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.

This moderate level of renewable energy adoption indicates that Packaging Corp of America is transitioning toward cleaner energy sources, though a significant share of its energy mix still relies on non-renewable inputs.

Are Packaging Corp of America's energy practices becoming more sustainable?

Since 2019, Packaging Corp of America's total energy consumption decreased by 3.32%, and remained stable in 2023, suggesting earlier reductions may have leveled off.

Over the same period, the share of renewable energy increased by 2%, while holding steady in 2023, indicating past gains that have recently stabilized.

Overall, Packaging Corp of America’s energy trends reveal a complex picture, with variations in total consumption and renewable sourcing. A closer examination of operational drivers and sourcing strategies is needed to fully assess the company’s environmental impact.

Packaging Corp of America's Renewable vs Non-renewable Energy Over Time

79.09 M39.09 M910 k79.09 MGigajoules (GJ)2019202020212022202363%64%61%64%64%37%36%39%36%36%
  • Renewable Energy Consumed
  • Non-renewable Energy Consumed

Insights into Packaging Corp of America's Energy Consumption & Production Mix

In 2023, Packaging Corp of America disclosed detailed information on both the sources and generation technologies of its consumed and produced energy This disclosure enables a clearer assessment of the Packaging Corp of America's overall energy mix, its sourcing strategy, and its reliance on fossil fuels versus cleaner alternatives such as renewables and low-carbon technologies.

Packaging Corp of America's Energy Consumed by Sources and Technologies

Fuel(Unspecified Type)(91.2%)Electricity(Unspecified Source)and Steam(Unspecified Source)(8.6%)

What are the main sources and generation technologies behind Packaging Corp of America's energy consumption?

In 2023, Packaging Corp of America's total energy consumption was primarily sourced from

  • Fuel (Unspecified Type) (91.22%)
  • Electricity (Unspecified Source) and Steam (Unspecified Source) (8.6%)
  • Hydropower (0.18%)

How diverse is Packaging Corp of America’s energy consumption mix?

In 2023, Packaging Corp of America consumed energy from 3 different sources or generation technologies, indicating a highly concentrated energy mix, with Fuel (Unspecified Type) alone accounting for 91.22% of total consumption.

What are the main sources or generation technologies used by Packaging Corp of America to produce energy?

In 2023, Packaging Corp of America's energy production came primarily from

  • Hydropower (100%)

How diverse is Packaging Corp of America’s energy production mix?

In 2023, Packaging Corp of America produced energy using 1 different sources or generation technologies. The energy production mix is highly concentrated, with Hydropower alone making up 100% of total output.

Packaging Corp of America's Energy Produced by Sources and Technologies

Hydropower(100.0%)

Insights into Packaging Corp of America's Energy Inflows & Self-Sufficiency

In 2023, Packaging Corp of America reported total energy inflows of 9.7 million Gigajoules, which corresponds to the company's full energy needs, including energy consumed, redistributed, sold, or stored. This energy inflow was composed of 9.5 million Gigajoules purchased from external suppliers and 200,000 Gigajoules generated through internal production. This corresponds to a production share of 2.06%, reflecting a 8.17% percentage point increase from the previous year (2022) and a 103.09% percentage point decrease since 2019.

Although Packaging Corp of America's production share has remained steady in the most recent year, it has declined compared to earlier periods. This suggests a long-term trend toward reduced self-production, possibly reflecting changing investment priorities or greater reliance on external supply networks.

Packaging Corp of America's Energy Purchased vs Produced Over Time

2019202020212022202303 M6 M9 M12 MGigajoules (GJ)97%97%98%98%98%
  • Total Energy Produced
  • Total Energy Purchased
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