Ranpak Holdings Corp
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) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  a | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature.  a | 0000000 |
Location-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature.  a | 0000000 |
Total Scope 3 | Copy/Paste is a PRO feature.  | Copy/Paste is a PRO feature. | 0000000 | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0000000 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  a | 0000000 |
Verified Sources Behind Ranpak Holdings’s Greenhouse Gas (GHG) Emissions Data
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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).a
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.a
Ranpak Holdings's Scope 1 Emissions Over Time
- 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 CO₂ equivalent (tCO₂e).a
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.ab
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.a
What are Ranpak Holdings's Scope 2 emissions?
In 2023, Ranpak Holdings reported Scope 2 greenhouse gas (GHG) emissions of 3,146 tCO₂e using the market-based method and 2,831 tCO₂e using the location-based method.a
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.ab
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 energya
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.a
Ranpak Holdings's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Ranpak Holdings’s GHG Emissions Intensity Compared to Industry Peers
In 2023, Ranpak Holdings reported Scope 1 greenhouse gas (GHG) emissions of 1,854 tCO₂e and total revenues of USD 336 millions. This translates into an emissions intensity of 5.51 tCO₂e per millions USD.a
Ranpak Holdings's Scope 1 Emissions Intensity Compared to Peers
How does Ranpak Holdings's GHG emissions intensity compare to its peers?
In 2023, Ranpak Holdings reported a Scope 1 emissions intensity of 5.51 tCO₂e per millions USD. Compared to the peer group median of 29.3, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
Where does Ranpak Holdings rank on GHG emissions intensity within its industry?
In 2023, Ranpak Holdings ranked 5 out of 21 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Ranpak Holdings among the top performers, with one of the lowest emissions intensities relative to peers.a