Ranpak Holdings Corp

Common Name
Ranpak Holdings
Country
United States
Sector
Consumer Cyclical
Industry
Packaging & Containers
Employees
800
Ticker
PACK
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Ranpak Holdings Corp. specializes in providing innovative sustainable packaging solutions. Its primary function is to supply paper-based protective packaging solutions designed to reduce environmental...

Ranpak Holdings's GHG Emissions Data Preview

In 2023, Ranpak Holdings 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), and Scope 2 (indirect emissions from purchased energy).

However, Ranpak Holdings 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 Ranpak Holdings's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Ranpak Holdings amounted to 4,685 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 Ranpak Holdings increased by 22.01%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Ranpak Holdings's Scope 1 Emissions Over Time

2019202020212022202306501.3 k1.95 k2.6 ktCO2e-37%+49%-23%+2%
  • Total Scope 1
  • Year-over-Year Change

What are Ranpak Holdings's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Ranpak Holdings were 1,854 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Ranpak Holdings reduced its Scope 1 emissions over time?

Since 2019, Ranpak Holdings's Scope 1 emissions have decreased by 26.98%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Ranpak Holdings's Scope 1 emissions increased by 1.7%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are Ranpak Holdings's Scope 2 emissions?

In 2023, Ranpak Holdings reported Scope 2 greenhouse gas (GHG) emissions of 3,146 tCOâ‚‚e using the market-based method, and 2,831 tCOâ‚‚e using the location-based method.

Has Ranpak Holdings reduced its Scope 2 emissions over time?

Since 2019, Ranpak Holdings's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have increased by 13.06%, reflecting a rising long-term trend in Scope 2 emissions over time.

Compared to the previous year (2022), Ranpak Holdings's Scope 2 emissions (Location-Based) rose by 40.36% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy

What methodology does Ranpak Holdings use for Scope 2 reporting?

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

Ranpak Holdings's Scope 2 Emissions Over Time

2019202020212022202308001.6 k2.4 k3.2 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based