International Paper

Paper

$ 47 (0.71)%

Share price

$ 18 bn

Market Cap

$ 22 bn

Enterprise Value

Carbon footprint

GHG emissions per $ 1 mln investment

20x the weighted average for S&P 500

FY2020

Primary Climate Goal

Proj. YOY change in GHG emissions (Scope 1 + 2)

Weaker than the -5.1% weighted average for S&P 500

FY2021

International Paper aims to reduce Scope 1 + 2 by 32.8% by 2030 from a base year 2019

<2°C

Secondary Climate Goal

Proj. YOY change in GHG emissions (all Scopes)

Weaker than the -6.9% weighted average for S&P 500

FY2021

International Paper aims to reduce all Scopes by 35% by 2030 from a base year 2019

<2°C

GHG emissions and Carbon intensity

International Paper reported Total CO2e Emissions - Location-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2020 at 12,400 Kt (-100 /-0.8% y-o-y). At the same time, carbon intensity increased to 603 t (+44/+7.9% y-o-y).

International Paper's Scope 3 emissions decreased to 27,613 Kt (-4,409 /-13.8% y-o-y). The parameter has been fairly volatile.

The company is committed to reducing Scope 1 + 2 by 32.8% by 2030 from a base year 2019, which translates into the estimated reduction of -400 Kt per annum over the period of FY2021 - FY2030. This science-based target is aligned with Paris Agreement to limit global warming to <2°C above pre-industrial levels.

Also, the company commits to reducing all Scopes by 35% by 2030 from a base year 2019, which translates into the estimated reduction of -1,107 Kt per annum over the period of FY2021 - FY2030. This science-based target is aligned with Paris Agreement to limit global warming to <2°C above pre-industrial levels.

Also, the company commits to reducing Scope 3 by 35.7% by 2030 from a base year 2019, which translates into the estimated reduction of -702 Kt per annum over the period of FY2021 - FY2030. This science-based target is aligned with Paris Agreement to limit global warming to <2°C above pre-industrial levels.

Date	Total CO2e emissions (location-based Scope 1 & 2) (Kt)	Scope 1	Scope 2	Scope 3	Revenue (USDm)	Carbon intensity (tons of CO2e) / (USDm)
2020Q4	12,400	8,700	3,700	27,613	20,580	603
2019Q4	12,500	8,700	3,800	32,023	22,376	559
2018Q4	12,600	8,500	4,100	16,883	23,306	541
2017Q4	12,700	8,800	3,900	20,107	21,743	584
2016Q4	12,700	9,000	3,700		19,495	651
2015Q4	13,300	9,200	4,100		22,365	595
2014Q4	13,400	9,100	4,300
2010Q4	17,260	11,900	5,360