- Reducing energy intensity and greenhouse gas emissions
- Improving supplier diversity
- Expanding recycling program to all locations
PHOENIX Closures
Greenhouse gas emissions & sustainability report data
In its 2022-11 to 2023-10 reporting, PHOENIX Closures disclosed greenhouse gas emissions of 185.0K tCO2e/year. By scope: Scope 1: 769 tCO2e/year; Scope 2: 23.6K tCO2e/year; Scope 3: 160.7K tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
185.0K tCO2e/year
2022-11 to 2023-10
Renewable Energy
52% (Tennessee facility), 100% (Iowa facility)
of total energy
Water Usage
22.3M gallons/year
2022-11 to 2023-10
Waste
2.2K tons/year (non-hazardous 95% recycled)
2022-11 to 2023-10
Energy Use
205.2K GJ/year
2022-11 to 2023-10
📊 Emissions by Scope (2022-11 to 2023-10)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 769 tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 23.6K tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 160.7K tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Achieved 6.5% energy intensity reduction against 2021 baseline
- Published and baselined first GHG inventory including Scope 3 data
- Launched portfolio of three Post-Consumer Recycled (PCR) PP resins
- Optimized 53-400 ribbed closure achieving 15% weight reduction, resulting in a 73,000-lb savings in annual resin usage and a 219,000-lb reduction in CO2e emissions
- EcoStack 120-400-9639 closure showed a 22.3% reduction in Global Warming Potential and a 47% reduction in truckloads needed during transportation
🎯 Climate & Sustainability Targets
🔜 Short-term
- Develop and implement enhanced tools for performance feedback and talent assessment
- Deliver training on sustainable procurement practices to 100% of procurement personnel
- Develop and implement a formalized Sustainable Procurement Policy
- Develop and launch company-wide engagement survey
- Establish a Greenhouse Gas Emissions reduction goal
📅 Medium-term
- Reducing energy intensity by 25% over 2021 baseline by 2031
🌱 ESG Focus Areas
Employee Health & SafetyEmployee Recruitment & RetentionDiversity, Equity, & InclusionProduct Innovation & DesignProduct Quality & SafetyEnergy & GHG EmissionsProduct End-of-Life