SIG Group AG

Common Name
SIG Group
Country
Switzerland
Sector
Consumer Cyclical
Industry
Packaging & Containers
Employees
8,142
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 GHG Emissions Data Preview

In 2024, SIG Group 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).

SIG Group 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 SIG Group's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of SIG Group amounted to 20,100 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 2023, the total operational greenhouse gas (GHG) emissions of SIG Group decreased by 89%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

SIG Group's Scope 1 Emissions Over Time

201820192020202120222023202409 k18 k27 k36 ktCO2e0%-17%-4%-12%-21%+6%
  • Total Scope 1
  • Year-over-Year Change

What are SIG Group's Scope 1 emissions?

In 2024, the total Scope 1 emissions of SIG Group were 20,100 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has SIG Group reduced its Scope 1 emissions over time?

Since 2018, SIG Group's Scope 1 emissions have decreased by 41.57%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2023), SIG Group's Scope 1 emissions increased by 5.79%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are SIG Group's Scope 2 emissions?

In 2024, SIG Group reported Scope 2 greenhouse gas (GHG) emissions of 0 tCOâ‚‚e using the market-based method.

Has SIG Group reduced its Scope 2 emissions over time?

Since 2018, SIG Group's Scope 2 greenhouse gas (GHG) emissions (Market-Based) have decreased by 100%, reflecting a declining long-term trend in Scope 2 emissions over time.

What methodology does SIG Group use for Scope 2 reporting?

In 2024, SIG Group reported its Scope 2 emissions using the market-based method.

SIG Group's Scope 2 Emissions Over Time

2018201920202021202220232024045 k90 k135 k180 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into SIG Group's Value Chain Emissions

In 2024, SIG Group reported 2,018,485 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 2024 disclosure of SIG Group includes a breakdown across 9 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.

SIG Group's Scope 3 Emissions Over Time

20182019202020212022202320240550 k1.1 M1.65 M2.2 MtCO2e+3%+24%+3%0%-3%+4%
  • Total Scope 3
  • Year-over-Year Change

What are SIG Group's Scope 3 emissions?

In 2024, SIG Group reported total Scope 3 emissions of 2,018,485 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 77.12% of these emissions originated from upstream activities such as purchased goods and capital goods, while 22.88% came from downstream activities like product use, distribution, and end-of-life treatment.

Has SIG Group reduced its Scope 3 emissions over time?

Since 2018, SIG Group's Scope 3 emissions have increased by 31.66%, reflecting a rising long-term trend in Scope 3 emissions over time.

Compared to the previous year (2023), SIG Group's Scope 3 emissions remained relatively stable, indicating that SIG Group 's emissions have plateaued with no significant change in its value chain footprint.

What categories of Scope 3 emissions does SIG Group disclose?

In 2024, SIG Group 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 SIG Group's Scope 3 emissions?

In 2024, the largest contributors to SIG Group's Scope 3 emissions were:

  • Purchased Goods and Services (Cat. 1): 1,341,785 tCOâ‚‚e (66.47%)
  • End-of-Life Treatment of Sold Products (Cat. 12): 280,285 tCOâ‚‚e (13.89%)
  • Use of Sold Products (Cat. 11): 180,907 tCOâ‚‚e (8.96%)

SIG Group's Scope 3 Emissions by Categories

End-of-LifeTreatment of SoldProducts (Cat. 12)(13.9%)Purchased Goods andServices (Cat. 1)(66.5%)Use of Sold Products(Cat. 11)(9.0%)

Insights into SIG Group's Total Carbon Footprint

In 2024, SIG Group reported a total carbon footprint of 2,038,585 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 4.26% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to SIG Group's total carbon footprint was Scope 3 emissions, accounting for 99.01% of the company's total carbon footprint, followed by Scope 1 emissions at 0.99%.