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)2023202220212020 - 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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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Packaging Corp of America’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 Packaging Corp of America’s data sources below and access millions more through our Disclosure Search.

a. Packaging Corp of America's Responsibility Report 2023
a. Packaging Corp of America's Responsibility Report 2023
b. Packaging Corp of America's Responsibility Report 2022
b. Packaging Corp of America's Responsibility Report 2022

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). a

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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 CO₂ equivalent (tCO₂e). a

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. a b

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. a

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 tCO₂e using the market-based method and 1,160,000 tCO₂e using the location-based method. a

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. a b

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. a

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. a

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 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 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. a

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 CO₂ equivalent (tCO₂e). a

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. a b

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. a

Insights into Packaging Corp of America’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Packaging Corp of America reported Scope 1 greenhouse gas (GHG) emissions of 1,720,000 tCO₂e and total revenues of USD 7,802 millions. This translates into an emissions intensity of 220.45 tCO₂e per millions USD. a

Packaging Corp of America's Scope 1 Emissions Intensity Compared to Peers

2002,00050,0001,000,00020,000,000Scope 1 Emissions (tCO2e)5002,0005,00020,00050,000Revenues (Millions of USD)Silgan HoldingsYear: 2021Scope 1: 260,303 tCO2eRevenue: $M 5,677Scope 1 Intensity: 45.85 tCO2e/$MGraphic Packaging HoldingYear: 2023Scope 1: 1,635,700 tCO2eRevenue: $M 9,428Scope 1 Intensity: 173.49 tCO2e/$MCrown HoldingsYear: 2024Scope 1: 562,894 tCO2eRevenue: $M 11,801Scope 1 Intensity: 47.70 tCO2e/$MFloor & Decor HoldingsYear: 2023Scope 1: 22,660 tCO2eRevenue: $M 4,414Scope 1 Intensity: 5.13 tCO2e/$MAllison Transmission HoldingsYear: 2021Scope 1: 36,133 tCO2eRevenue: $M 2,402Scope 1 Intensity: 15.04 tCO2e/$MHyatt HotelsYear: 2023Scope 1: 420,622 tCO2eRevenue: $M 6,667Scope 1 Intensity: 63.09 tCO2e/$MInternational PaperYear: 2024Scope 1: 6,266,000 tCO2eRevenue: $M 18,619Scope 1 Intensity: 336.54 tCO2e/$MSharkninjaYear: 2024Scope 1: 582 tCO2eRevenue: $M 5,527Scope 1 Intensity: 0.11 tCO2e/$MSonoco ProductsYear: 2024Scope 1: 637,605 tCO2eRevenue: $M 5,305Scope 1 Intensity: 120.18 tCO2e/$MLevi Strauss & CoYear: 2023Scope 1: 10,000 tCO2eRevenue: $M 6,179Scope 1 Intensity: 1.62 tCO2e/$MGreifYear: 2023Scope 1: 656,000 tCO2eRevenue: $M 5,219Scope 1 Intensity: 125.70 tCO2e/$MInstalled Building ProductsYear: 2024Scope 1: 120,001 tCO2eRevenue: $M 2,941Scope 1 Intensity: 40.80 tCO2e/$MService Corporation InternationalYear: 2023Scope 1: 110,537 tCO2eRevenue: $M 4,100Scope 1 Intensity: 26.96 tCO2e/$MBallYear: 2024Scope 1: 387,349 tCO2eRevenue: $M 11,795Scope 1 Intensity: 32.84 tCO2e/$MTexas RoadhouseYear: 2023Scope 1: 103,708 tCO2eRevenue: $M 4,632Scope 1 Intensity: 22.39 tCO2e/$MBoyd GamingYear: 2024Scope 1: 54,173 tCO2eRevenue: $M 3,930Scope 1 Intensity: 13.78 tCO2e/$MAvery DennisonYear: 2024Scope 1: 238,000 tCO2eRevenue: $M 8,756Scope 1 Intensity: 27.18 tCO2e/$MCaseys General StoresYear: 2024Scope 1: 104,833 tCO2eRevenue: $M 14,863Scope 1 Intensity: 7.05 tCO2e/$MSealed AirYear: 2023Scope 1: 124,142 tCO2eRevenue: $M 5,489Scope 1 Intensity: 22.62 tCO2e/$MRoss StoresYear: 2023Scope 1: 28,694 tCO2eRevenue: $M 20,376Scope 1 Intensity: 1.41 tCO2e/$MExpedia GroupYear: 2024Scope 1: 5,534 tCO2eRevenue: $M 13,691Scope 1 Intensity: 0.40 tCO2e/$MPultegroupYear: 2024Scope 1: 5,225 tCO2eRevenue: $M 17,949Scope 1 Intensity: 0.29 tCO2e/$MPackaging Corp of AmericaYear: 2023Scope 1: 1,720,000 tCO2eRevenue: $M 7,802Scope 1 Intensity: 220.45 tCO2e/$M

How does Packaging Corp of America's GHG emissions intensity compare to its peers?

In 2023, Packaging Corp of America reported a Scope 1 emissions intensity of 220.45 tCO₂e per millions USD. Compared to the peer group median of 24.79 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Packaging Corp of America rank on GHG emissions intensity within its industry?

In 2023, Packaging Corp of America ranked 22 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places Packaging Corp of America among the least efficient performers, with one of the highest emissions intensities in its sector. a

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 CO₂ equivalent (tCO₂e) 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. a

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%. a

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