Sonoco Products Co

Common Name
Sonoco Products
Country
United States
Sector
Consumer Cyclical
Industry
Packaging & Containers
Employees
23,400
Ticker
SON
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Sonoco Products Co. is a global provider of consumer packaging, industrial products, and packaging supply chain services. As a diverse manufacturer, Sonoco offers innovative packing solutions that ran...

Sonoco Products's GHG Emissions Data Preview

In 2023, Sonoco Products 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, Sonoco Products 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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Unspecified Calculation Method
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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 Sonoco Products's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Sonoco Products amounted to 1,245,686 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 Sonoco Products decreased by 8.78%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Sonoco Products's Scope 1 Emissions Over Time

2018201920202021202220230200 k400 k600 k800 ktCO2e+24%+6%+7%-6%-10%
  • Total Scope 1
  • Year-over-Year Change

What are Sonoco Products's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Sonoco Products were 650,574 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Sonoco Products reduced its Scope 1 emissions over time?

Since 2018, Sonoco Products's Scope 1 emissions have increased by 18.52%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Sonoco Products's Scope 1 emissions decreased by 10.21%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Sonoco Products's Scope 2 emissions?

In 2023, Sonoco Products reported Scope 2 greenhouse gas (GHG) emissions of 572,347 tCOâ‚‚e using the market-based method, and 595,112 tCOâ‚‚e using the location-based method.

Has Sonoco Products reduced its Scope 2 emissions over time?

Compared to the previous year (2022), Sonoco Products's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Sonoco Products 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does Sonoco Products use for Scope 2 reporting?

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

Sonoco Products's Scope 2 Emissions Over Time

2018201920202021202220230200 k400 k600 k800 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)