Our business model reduces GHG by default
Our embedded manufacturing plants as well as nearby sites, lower CO2 emissions by eliminating, or reducing, the transport of empty bottles.
By operating 86% of our sites within our customers’ premises or near them, in 2023 Logoplaste avoided the release of 15 267 tons of CO2, a 2% increase compared to 2022 (15 005 tons CO2).
In June 2022 Logoplaste signed the SBTi (Science Based Target Initiative) commitment letter to:
- Set science-based emissions reduction targets (near-term targets) by 2030
- Set net-zero targets, including a long-term science-based targets by no later than 2050, in line with the SBTi Net-Zero Standard
And we are very proud to announce that we submitted our science-based targets for SBTi approval by the end of 2023.
To enhance the credibility and accuracy of our data, our carbon footprint information, covering Scope 1, 2, and 3 emissions for the period ending December 31, 2023, has been audited by PwC through a limited assurance engagement.
Details of the independent limited assurance report confirming the audit can be consulted here
Scope 1 and Scope 2 greenhouse gas emissions
Logoplaste’s operational GHG emissions
Scope 1 GHG emissions are direct emissions from the use of fossil fuels within Logoplaste, plus fugitive emissions (resulting from refrigerant gases leaks).
Scope 2 GHG emissions are indirect emissions from the purchase of electricity for Logoplaste sites and offices.
Absolute Emissions
In 2023, the total of Scope 1 & 2 (market-based) emissions– Logoplaste’s operational CO2e Emissions - was 89 060 tons of CO2e.
This represents a decrease of 5% compared to 2022. And a 15% reduction in Operational GHG emissions when compared to base year, 2019.
Logoplaste’s operational GHG emissions (Scope 1 and Scope 2 market-based)
2019 | 2020 | 2021 | 2022 | 2023 | 2023 vs 2022 (%) | 2023 vs 2019 (%) | ||||||
Emissions (Tons CO2e) | (%) | Emissions (Tons CO2e) | (%) | Emissions (Tons CO2e) | (%) | Emissions (Tons CO2e) | (%) | Emissions (Tons CO2e) | (%) | |||
SCOPE 1 - Fuels | 2 457 | 2.4% | 2 842 | 2.2% | 2 675 | 2.8% | 3 805 | 4.1% | 3 982 | 4.5% | 4.7% | 62.1% |
SCOPE 1 - Refrigeration Gases | 1 682 | 1.6% | 1 625 | 1.3% | 404 | 0.4% | 464 | 0.5% | 300 | 0.3% | -35.3% | -82.2% |
SCOPE 1 - Total | 4 139 | 4.0% | 4 467 | 3.5% | 3 079 | 3.2% | 4 269 | 4.6% | 4 282 | 4.8% | 0.3% | 3.5% |
SCOPE 2 - Electricity | 100 070 | 96.0% | 122 791 | 96.5% | 94 007 | 96.8% | 89 444 | 95.4% | 84 778 | 95.2% | -5.2% | -15.3% |
TOTAL (SCOPE 1 + SCOPE 2) | 104 209 | 100% | 127 258 | 100% | 97 086 | 100% | 93 713 | 100% | 89 060 | 100% | -5.0% | -14.5% |
Scope 1 emissions continue to represent a very small slice (5%) of our absolute emissions.
The reduction in our absolute emissions is due to a significant improvement in the use of renewable electricity, decreasing our scope 2 emissions.
Details of our scope 1 emissions and our scope 2 location-based emissions can be consulted here
In addition to accounting our absolute scope 1 and scope 2 (market-based) emissions, in 2019 Logoplaste established a corporate GHG emissions reduction target:
Four years after setting this ambitious target, we have accomplished a 15% reduction. We are halfway there!
Important Note: values were reviewed due to updated electricity emissions factors and new methodologies for their calculations.
Logoplaste's Operational CO2e Reduction Target
YEAR | Emissions (Tons CO2e) | Variation from 2019 (%) |
2019 | 104 209 | - |
2020 | 127 258 | 22% |
2021 | 97 086 | -7% |
2022 | 93 713 | -10% |
2023 | 89 060 | -15% |
As Logoplaste’s largest contributor to operational CO2e emissions is electricity consumption, moving to renewable energy sources, and having central teams negotiating our energy supply contracts and evaluating energy related projects, was key to achieving this result.
To reach our target, we continue to work across all our sites to implement the best local solutions and in our wall to wall operations — where our customers decide on the electricity provider — we are working together to make the swap to less CO2 intensive energy sources.
Emissions Intensity
Coupled with our Operational CO2e emissions target, Logoplaste defined an intensity indicator that shows the amount of CO2e emissions from electricity usage relative to production (tonnage of raw materials transformed)*, setting a target for 2030:
In 2023, Logoplaste’s intensity indicator was 0.242 tons CO2e / ton of raw material, representing an improvement of 12% compared to 2022 and an improvement of 37% when compared to base year 2019. This 2023 result exceeds the established target.
Higher use of renewable energy along with energy efficiency initiatives, were the primary reasons for our intensity target accomplishment.
CO2e emissions intensity indicator
YEAR | CO2e Emissions Intensity Indicator | Variation from 2019 (%) |
2019 | 0.383 | - |
2020 | 0.427 | 12% |
2021 | 0.335 | -13% |
2022 | 0.274 | -28% |
2023 | 0.242 | -37% |
Scope 3 greenhouse gas emissions
Scope 3 greenhouse gas (GHG) emissions cover indirect emissions resulting from Logoplaste’s value chain activities
Logoplaste’s scope 3 emissions are greater than Logoplaste’s operational GHG emissions.
Comparison of Scope 1 and Scope 2 Emissions with Scope 3 Emissions
2022 | 2023 | |||
Emissions (Tons CO2e) | (%) | Emissions (Tons CO2e) | (%) | |
SCOPE 1 | 4 269 | 0.7% | 4 282 | 0.7% |
SCOPE 2 | 89 444 | 14.4% | 84 778 | 14.1% |
SCOPE 3 | 525 211 | 84.9% | 512 921 | 85.2% |
TOTAL | 618 924 | 100% | 601 981 | 100% |
Logoplaste’s largest category of Scope 3 GHG emissions is category 1, purchased goods and services, more precisely the purchase of raw materials used to produce packaging.
Detail of Logoplaste's Scope 3 GHG Emissions in 2022 and 2023
As the majority of our GHG emissions result from the purchase of raw materials, resin choice; increasing incorporation of recycled content; evaluation of alternative recycled resins and bioplastics; and product design and lightweight programs, all of these play a significant role in Logoplaste’s strategy to reduce our corporate carbon footprint.