As of 2024, Sonoco Products has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 absolute reduction 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 Sonoco Products ’s climate strategy, ambition level, and alignment with global decarbonization goals.
Target Type | Scope of Target | Unit | Target | Target Year |
---|---|---|---|---|
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data. | 2030 |
Absolute-based Target | Scope 3 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data. | 2030 |
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As of 2024, Sonoco Products 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.
As of 2024, Sonoco Products has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.
Sonoco Products's most ambitious operational target is to reduce these emissions by 25% by 2030, compared to a baseline of 1,282,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020.
As of 2024, Sonoco Products is on track to meet its operational emissions reduction target, having achieved 44% of the planned reduction.
As of 2024, Sonoco Products 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.
Sonoco Products's most ambitious value chain target is to reduce these emissions by 13.5% by 2030, compared to a baseline of 4,733,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019.
Sonoco Products has already surpassed its value chain emissions reduction target, with 2024 levels falling below the 2030 value, achieving its climate goal ahead of schedule.