SIG Group AG

Common Name
SIG Group
Country
Switzerland
Sector
Consumer Cyclical
Industry
Packaging & Containers
Employees
9,600
Ticker
SIGN
Exchange
SIX SWISS EXCHANGE
Description
SIG Group AG is a leading multinational corporation specializing in advanced packaging solutions, particularly for the food and beverage industry. Founded in 1853 in Switzerland, the company has evolv...

SIG Group's Climate Target Data Preview

As of 2024, SIG Group has disclosed 5 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 3 absolute reduction targets and 2 intensity-based target targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into SIG Group ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target*
Scope 3 - Upstream Transportation and Distribution (Cat. 4), Scope 3 - Downstream Transportation and Distribution (Cat. 9)
Metric Tonnes of CO2 equivalent (mtCO2e)
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a, b
2025
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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b
2030
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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b
2050
Intensity-based Target*
Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Liter (l) of Food Produced/Manufactured
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b
2030
Intensity-based Target*
Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Liter (l) of Food Produced/Manufactured
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b
2050
*. This target is limited in scope and does not represent the company's full operational or organizational boundaries

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Verified Sources Behind SIG Group’s Climate Targets Data

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Insights into SIG Group's Greenhouse Gas Emissions Pathways

As of 2024, SIG Group has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint. a b

Does SIG Group have a target to reduce the emissions from its operations?

As of 2024, SIG Group has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. b

SIG Group's most ambitious operational target is to reduce these emissions by 90% by 2050, compared to a baseline of 91,100 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020. b

As of 2024, SIG Group is ahead of schedule on its operational emissions reduction target, having achieved 86.6% of the planned reduction. b

SIG Group's Operational (Scope 1+2) Emissions Pathway

2020202420302050025 k50 k75 k100 kBaselineCurrent (-78%)Target 2030 (-42%)Target 2050 (-90%)

Does SIG Group have a target to reduce the emissions from its value chain?

As of 2024, SIG Group has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol. a b

SIG Group's most ambitious value chain target is to reduce these emissions by 97% by 2050, compared to a baseline of 0 Metric Tonnes of CO2 equivalent (mtCO2e) per Liter (l) of Food Produced/Manufactured in 2020. a b

As of 2024, SIG Group is lagging behind on its value chain emissions reduction target, having achieved 5.89% of the planned reduction. a b

SIG Group's Value Chain (Scope 3) Emissions Pathway

202020242030205000000Current (-6%)Target 2030 (-52%)Target 2050 (-97%)
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