Pactiv Evergreen Inc

Common Name
Pactiv Evergreen
Country
United States
Sector
Consumer Cyclical
Industry
Packaging & Containers
Employees
14,000
Ticker
PTVE
Exchange
NASDAQ/NGS
Description
Pactiv Evergreen Inc. is a leading manufacturer and supplier of foodservice and food packaging products. The company's primary function is to provide high-quality, sustainable packaging solutions tail...

Pactiv Evergreen's GHG Emissions Data Preview

In 2023, Pactiv Evergreen 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).

Pactiv Evergreen has also provided a category-level breakdown for 9 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

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 Pactiv Evergreen's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Pactiv Evergreen amounted to 1,494,021 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).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Pactiv Evergreen decreased by 28.44%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Pactiv Evergreen's Scope 1 Emissions Over Time

202220230300 k600 k900 k1.2 MtCO2e-44%
  • Total Scope 1
  • Year-over-Year Change

What are Pactiv Evergreen's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Pactiv Evergreen were 631,252 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Compared to the previous year (2022), Pactiv Evergreen's Scope 1 emissions decreased by 44.32%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Pactiv Evergreen's Scope 2 emissions?

In 2023, Pactiv Evergreen reported Scope 2 greenhouse gas (GHG) emissions of 0 tCOâ‚‚e using the market-based method, and 862,769 tCOâ‚‚e using the location-based method.

Has Pactiv Evergreen reduced its Scope 2 emissions over time?

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

What methodology does Pactiv Evergreen use for Scope 2 reporting?

In 2023, Pactiv Evergreen reported its Scope 2 emissions using the market-based method and using the location-based method.

Pactiv Evergreen's Scope 2 Emissions Over Time

202220230250 k500 k750 k1 MtCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Pactiv Evergreen's Value Chain Emissions

In 2023, Pactiv Evergreen reported 5,994,723 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 Pactiv Evergreen includes a breakdown across 9 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.

Pactiv Evergreen's Scope 3 Emissions Over Time

2022202302 M4 M6 M8 MtCO2e-23%
  • Total Scope 3
  • Year-over-Year Change

What are Pactiv Evergreen's Scope 3 emissions?

In 2023, Pactiv Evergreen reported total Scope 3 emissions of 5,994,723 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 98.32% of these emissions originated from upstream activities such as purchased goods and capital goods, while 1.68% came from downstream activities like product use, distribution, and end-of-life treatment.

Compared to the previous year (2022), Pactiv Evergreen's Scope 3 emissions decreased by 23.1%, highlighting the company's efforts to lower indirect emissions from its value chain.

What categories of Scope 3 emissions does Pactiv Evergreen disclose?

In 2023, Pactiv Evergreen reported emissions for 9 out of the 15 Scope 3 categories defined by the GHG Protocol.

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Pactiv Evergreen's Scope 3 emissions?

In 2023, the largest contributors to Pactiv Evergreen's Scope 3 emissions were:

  • Purchased Goods and Services (Cat. 1): 4,242,231 tCOâ‚‚e (70.77%)
  • Fuel- and Energy-Related Services (Cat. 3): 933,255 tCOâ‚‚e (15.57%)
  • Upstream Transportation and Distribution (Cat. 4): 544,674 tCOâ‚‚e (9.09%)

Pactiv Evergreen's Scope 3 Emissions by Categories

Fuel- andEnergy-RelatedServices (Cat. 3)(15.6%)UpstreamTransportation andDistribution(Cat. 4)(9.1%)Purchased Goods andServices (Cat. 1)(70.8%)

Insights into Pactiv Evergreen's Total Carbon Footprint

In 2023, Pactiv Evergreen reported a total carbon footprint of 7,488,744 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 24.23% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to Pactiv Evergreen's total carbon footprint was Scope 3 emissions, accounting for 80.05% of the company's total carbon footprint, followed by Scope 2 emissions at 11.52%.