International Paper

Paper Packaging

$ 41 (0.41)%

Share price

$ 15 bn

Market Cap

$ 19 bn

Enterprise Value

Carbon footprint

GHG emissions per $ 1 mln investment

15x the weighted average for S&P 500

FY2021

Primary Climate Goal

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

Weaker than the -6.6% weighted average for S&P 500

FY2022

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

FY2022

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 - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 11,051 Kt (-61 /-0.5% y-o-y). At the same time, carbon intensity was up at 540 t (+47/+9.4% y-o-y).

International Paper's Scope 3 emissions was up at 21,902 Kt (+609/+2.9% y-o-y). The time series has been volatile over the last few periods.

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 -404 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.

Also, the company commits to reducing all Scopes by 35% by 2030 from a base year 2019, which translates into the estimated reduction of -1,276 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.

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 -862 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.

Date	Total CO2e emissions (market-based Scope 1 & 2) (Kt)	Scope 1	Scope 2	Scope 3	Revenue (USDm)	Carbon intensity (tons of CO2e) / (USDm)
2021Q4	11,051	6,719	4,333	21,902
2020Q4	11,112	6,568	4,544	21,293	20,580	540
2019Q4	11,038	6,329	4,709	21,998	22,376	493
2018Q4		8,500		16,883	23,306
2017Q4		8,800		20,107	21,743