SIG Combibloc

Paper Packaging

SIGN.SW

CHF 20 2.1

Share price

$ 6.8 bn

Market Cap

$ 8.3 bn

Enterprise Value

Carbon footprint

GHG emissions per $ 1 mln investment

0.13x the weighted average for S&P 500

FY2021

Primary Climate Goal

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

FY2022

SIG Combibloc aims to reduce Scope 1 + 2 by 60% by 2030 from a base year 2016

This target is most likely outdated and the company appears to have already achieved it

1.5°C

GHG emissions and Carbon intensity

SIG Combibloc reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 30 Kt (-24 /-44.8% y-o-y). Also positively, carbon intensity was down at 25 t (-5.7 /-18.3% y-o-y).

SIG Combibloc's Scope 3 emissions increased to 1,587 Kt (+51/+3.3% y-o-y). The growth accelerated relative to the long-term trend (+1.7% CAGR) observed since 4Q'16.

The company is committed to reducing Scope 1 + 2 by 60% by 2030 from a base year 2016, which it appears to have already achieved as of 2021. This science-based target is aligned with Paris Agreement to limit global warming to 1.5°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	30	30	0	1,587
2020Q4	54	31	23	1,536	2,127	25
2019Q4	62	35	28	1,579	2,005	31
2018Q4	67	34	33	1,533	1,982	34
2017Q4	67	39	29	1,463	1,879	36
2016Q4	198	100	98	1,433	1,900	104
2015Q4	102	21	81