In 2024, 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), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
However, Sonoco Products has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 637,605a | 646,226a | 719,260a | |
Total Scope 2 | ||||
Market-Based | 503,042a | 541,820a | 576,952a | |
Location-Based | 510,240a | 571,467a | 607,162a | |
Unspecified Calculation Method | N/A | N/A | N/A | |
Total Scope 3 | 6,480,208a | N/A | 4,314,000a | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 120.1812a | 95.2954a | 99.2007a |
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In 2024, the total operational greenhouse gas (GHG) emissions of Sonoco Products amounted to 1,147,845 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 2023, the total operational greenhouse gas (GHG) emissions of Sonoco Products decreased by 5.74%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2024, the total Scope 1 emissions of Sonoco Products were 637,605 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, Sonoco Products's Scope 1 emissions have decreased by 6.39%, reflecting a declining long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), Sonoco Products's Scope 1 emissions decreased by 1.33%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2024, Sonoco Products reported Scope 2 greenhouse gas (GHG) emissions of 503,042 tCO₂e using the market-based method and 510,240 tCO₂e using the location-based method.a
Compared to the previous year (2023), Sonoco Products's Scope 2 emissions (Location-Based) fell by 10.71% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a
In 2024, Sonoco Products reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, Sonoco Products reported 6,480,208 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Sonoco Products includes a breakdown across 0 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.a
In 2024, Sonoco Products reported total Scope 3 emissions of 6,480,208 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, Sonoco Products's Scope 3 emissions have increased by 36.92%, reflecting a rising long-term trend in Scope 3 emissions over time.a
In 2024, Sonoco Products reported Scope 1 greenhouse gas (GHG) emissions of 637,605 tCO₂e and total revenues of USD 5,305 millions. This translates into an emissions intensity of 120.18 tCO₂e per millions USD.a
In 2024, Sonoco Products reported a Scope 1 emissions intensity of 120.18 tCO₂e per millions USD. Compared to the peer group median of 74.76, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, Sonoco Products ranked 14 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Sonoco Products is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, Sonoco Products reported a total carbon footprint of 7,628,053 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 526.43% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Sonoco Products's total carbon footprint was Scope 3 emissions, accounting for 84.95% of the company's total carbon footprint, followed by Scope 1 emissions at 8.36%.a