Public Profile

akola GROUP

Akola Group, headquartered in Lithuania (LT), is a prominent player in the sustainable fashion industry, specialising in ethically produced apparel and accessories. Founded in 2015, the company has rapidly established itself as a leader in promoting social responsibility and environmental sustainability within the textile sector. With a focus on high-quality, eco-friendly products, Akola Group offers a unique range of clothing and accessories that cater to conscious consumers. Their commitment to ethical sourcing and production processes sets them apart in a competitive market. Recognised for their innovative approach, Akola Group has achieved significant milestones, including partnerships with various non-profit organisations aimed at empowering communities. As they continue to expand their operational reach, Akola Group remains dedicated to making a positive impact in the fashion industry.

DitchCarbon Score

How does akola GROUP's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.

27

Industry Average

Mean score of companies in the industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.

0

Industry Benchmark

akola GROUP's score of 27 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.

96%

akola GROUP's reported carbon emissions

In 2023, akola GROUP reported total carbon emissions of approximately 686,800 kg CO2e. This figure includes 135,150 kg CO2e from Scope 1 emissions, 700 kg CO2e from Scope 2 emissions (market-based), and 551,000 kg CO2e from Scope 3 emissions. Comparatively, in 2022, the total emissions were about 686,600 kg CO2e, with Scope 1 at 133,800 kg CO2e, Scope 2 (market-based) at 300 kg CO2e, and Scope 3 at 552,500 kg CO2e. The slight increase in total emissions from 2022 to 2023 indicates a need for ongoing monitoring and potential improvement in their sustainability practices. For 2024, akola GROUP's projected total emissions are approximately 692,300 kg CO2e, with Scope 1 emissions expected to rise to 137,700 kg CO2e, and Scope 2 emissions (market-based) anticipated at 500 kg CO2e. Scope 3 emissions are projected to decrease slightly to 542,100 kg CO2e. Currently, akola GROUP has not established specific reduction targets or climate pledges, which suggests an opportunity for the organisation to enhance its climate commitments and align with industry standards for sustainability.

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202220232024
Scope 1
133,800
000,000
000,000
Scope 2
300
000
000
Scope 3
552,500
000,000
000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. akola GROUP's primary industry is , which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. akola GROUP is headquartered in LT, which has a rank of very low, indicating very low grid carbon intensity.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

akola GROUP is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

SBTi
CDP
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

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