Huhtamaki Oyj

Paper Packaging
HUH1V.HE
€ 35 3.1
Share price
$ 3.8 bn
Market Cap
$ 5.7 bn
Enterprise Value

Carbon footprint

125 Ton
GHG emissions per $ 1 mln investment
4.4x the weighted average for S&P 500
FY2021
How is this calculated?
-0.6%
YOY change in GHG emissions
Weaker than the -8.7% weighted average for S&P 500
FY2021 vs. previous year

Primary Climate Goal

-2.4%
Proj. YOY change in GHG emissions (Scope 1 + 2)
Weaker than the -5.1% weighted average for S&P 500
FY2022
How is this calculated?

Huhtamaki Oyj aims to reduce Scope 1 + 2 by 27.5% by 2030 from a base year 2019


<2°C
Huhtamaki Oyj's actual and proj. GHG emissions (Scope 1 + 2) (Kt of CO2e)

GHG emissions and Carbon intensity

Huhtamaki Oyj's GHG emissions (market-based) (Kt of CO2e)
Huhtamaki Oyj's Carbon intensity (Tons per 1 USDm)

Huhtamaki Oyj's carbon footprint

Huhtamaki Oyj reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 705 Kt (-4 /-0.6% y-o-y). Also positively, carbon intensity decreased to 166 t (-17 /-9.4% y-o-y).

No public disclosure of Scope 3 emissions has been found for Huhtamaki Oyj at the moment.

The company is committed to reducing Scope 1 + 2 by 27.5% by 2030 from a base year 2019, which translates into the estimated reduction of -17 Kt per annum over the period of FY2022 - FY2030. This science-based target is aligned with Paris Agreement to limit global warming to <2°C above pre-industrial levels.

Huhtamaki Oyj aims to achive carbon neutrality across its operations (Scope 1 + 2) in 2030. Companies normally become carbon neutral with the help of the acquisition of carbon offsets rather than absolute reductions in their own greenhouse emissions. Also, carbon neutrality does not include non-CO2 GHG emissions.

Company environmental metrics

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