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 GHG Emissions Data Preview

In 2023, Packaging Corp of America 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).

However, Packaging Corp of America has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

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 Packaging Corp of America's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Packaging Corp of America amounted to 2,880,000 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).

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Packaging Corp of America's Scope 1 Emissions Over Time

2018201920202021202220230500 k1 M1.5 M2 MtCO2e+6%-7%+10%-7%-5%
  • Total Scope 1
  • Year-over-Year Change

What are Packaging Corp of America's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Packaging Corp of America were 1,720,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Packaging Corp of America reduced its Scope 1 emissions over time?

Since 2018, Packaging Corp of America's Scope 1 emissions have decreased by 4.44%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Packaging Corp of America's Scope 1 emissions decreased by 4.97%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Packaging Corp of America's Scope 2 emissions?

In 2023, Packaging Corp of America reported Scope 2 greenhouse gas (GHG) emissions of 1,540,000 tCOâ‚‚e using the market-based method, and 1,160,000 tCOâ‚‚e using the location-based method.

Has Packaging Corp of America reduced its Scope 2 emissions over time?

Since 2018, Packaging Corp of America's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have remained relatively stable, indicating that Packaging Corp of America 's emissions have plateaued with no significant change in its energy consumption footprint.

Compared to the previous year (2022), Packaging Corp of America's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Packaging Corp of America 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does Packaging Corp of America use for Scope 2 reporting?

In 2023, Packaging Corp of America reported its Scope 2 emissions using the market-based method and using the location-based method.

Packaging Corp of America's Scope 2 Emissions Over Time

2018201920202021202220230450 k900 k1.35 M1.8 MtCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Packaging Corp of America's Value Chain Emissions

In 2023, Packaging Corp of America reported 2,290,000 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 Packaging Corp of America includes a breakdown across 0 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.

Packaging Corp of America's Scope 3 Emissions Over Time

2018201920202021202220230650 k1.3 M1.95 M2.6 MtCO2e+9%-7%+8%-2%-6%
  • Total Scope 3
  • Year-over-Year Change

What are Packaging Corp of America's Scope 3 emissions?

In 2023, Packaging Corp of America reported total Scope 3 emissions of 2,290,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Packaging Corp of America reduced its Scope 3 emissions over time?

Since 2018, Packaging Corp of America's Scope 3 emissions have remained relatively stable, indicating that Packaging Corp of America 's emissions have plateaued with no significant change in its value chain footprint.

Compared to the previous year (2022), Packaging Corp of America's Scope 3 emissions remained relatively stable, indicating that Packaging Corp of America 's emissions have plateaued with no significant change in its value chain footprint.

Insights into Packaging Corp of America's Total Carbon Footprint

In 2023, Packaging Corp of America reported a total carbon footprint of 5,170,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2.64% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to Packaging Corp of America's total carbon footprint was Scope 3 emissions, accounting for 44.29% of the company's total carbon footprint, followed by Scope 1 emissions at 33.27%.