The Carbon Intensity of Paper Production: A Global Perspective
28/11/2018
Management Quality Level
Paper producers average Management Quality score is 2.2, which means that the average company in this sector is at Level 2.
Lee & Man Paper Manufacturing and Nine Dragons Paper Industries are on Level 0: they are yet to demonstrate awareness of climate change as a business issue.
The leaders are Fibria, International Paper, Sappi and Stora Enso, which are all on Level 4.
No company in this sector satisfies all Management Quality criteria, i.e. there are not yet any 4* paper producers.
Almost all paper producers have a policy commitment to act on climate change.
Two out of three of companies disclose their operational (i.e. Scope 1 and 2) emissions, more than half have quantitative emissions reduction targets, and exactly half manage climate change risks but less than half of the companies satisfy any other indicator.
Only 11 out of 18 companies explicitly recognise climate change as a business risk/opportunity, which is a basic step.
Just two undertake climate scenario planning, or disclose an internal carbon price.
Paper Companies' Carbon Performance
Only 12 out of 18 companies' Carbon Performance is able to be calculated.
Most of the 12 companies with data start below the Paris benchmarks.
In 2020, six out of the eight companies with quantitative emissions reduction targets are aligned with the Paris Agreement in some form; four are aligned with the Below 2°C benchmark.
Only three companies have a 2030 target, of which two (Stora Enso and UPM-Kymmene) are aligned with the Below 2°C benchmark.
