Colorcon

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023

In its 2023 reporting, Colorcon disclosed greenhouse gas emissions of 31.0K tCO2e/year. By scope: Scope 1: 5.6K tCO2e/year; Scope 2: 24.7K tCO2e/year; Scope 3: 694.40 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.

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GHG Emissions
31.0K tCO2e/year
2023
⚙️
Energy Use
70.9M kWh/year
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).5.6K tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.24.7K tCO2e/year
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).694.40 tCO2e/year

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Complete GHG Scope 3 data collection (2024)
  • Create road map to net zero (2024)
  • Perform ESG gap analysis and integrate Functional Packaging sites into a single Colorcon, Inc. Group Ecovadis submission (2024)
  • Reduce cleaning water by 30% vs. 2021 usage (2025)
  • Reduce waste by 20% vs. 2021 usage (2025)

🔭 Long-term

  • Net-zero emissions

🌱 ESG Focus Areas

GovernanceCarbon reduction, energy management, GHG emissions trackingEnvironmental impact (air, water, waste, ecosystems)DEI, safe work practices, employee engagement, trainingProduct quality and safetySustainable procurement in the supply chainPersonal strategies to become more sustainable

⚠️ Challenges & Risks +

  • Climate change risks affecting business continuity
  • Reducing Scope 3 emissions
  • Improving water efficiency at various sites
  • Reducing waste generation across sites

📋 Report Information

Reporting Period: 2023
Frameworks: EcoVadis, CDP