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US
updated 11 days ago

Cannae Holdings

Company website

Cannae Holdings, Inc., headquartered in the United States, is a prominent player in the cannabis industry, focusing on innovative solutions and investment opportunities. Founded in 2017, the company has rapidly established itself in key operational regions across North America, leveraging its expertise to navigate the evolving cannabis landscape. Cannae Holdings is renowned for its diverse portfolio, which includes cultivation, distribution, and retail operations. The company distinguishes itself through its commitment to quality and sustainability, ensuring that its products meet the highest standards. With a strong market position, Cannae Holdings has achieved notable milestones, including strategic partnerships and expansions that enhance its competitive edge in the burgeoning cannabis market.

DitchCarbon Score

How does Cannae Holdings'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 Other Services 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.

26

Industry Benchmark

Cannae Holdings's score of 27 is higher than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.

52%

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Cannae Holdings's reported carbon emissions

In 2022, Cannae Holdings reported carbon emissions of approximately 293,000 kg CO2e, all of which were classified under Scope 2 emissions, indicating indirect emissions from purchased electricity. This figure represents a slight increase from 2021, when the company recorded about 283,000 kg CO2e in Scope 2 emissions. In 2020, the emissions were higher at approximately 326,000 kg CO2e, showcasing a downward trend in emissions over the three-year period. Cannae Holdings has not disclosed any Scope 1 emissions, which are direct emissions from owned or controlled sources. Additionally, there is no available data on Scope 3 emissions, which encompass all other indirect emissions in the value chain. Despite the emissions data, Cannae Holdings has not set any specific reduction targets or climate pledges, nor have they reported any initiatives under the Science Based Targets initiative (SBTi). The absence of formal commitments suggests that the company may still be in the early stages of developing a comprehensive climate strategy. Overall, Cannae Holdings's emissions profile reflects a focus on managing indirect emissions, with a notable reduction from 2020 to 2021, although the increase in 2022 indicates a need for ongoing monitoring and potential action to further reduce their carbon footprint.

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202020212022
Scope 1
-
-
-
Scope 2
326,000
000,000
000,000
Scope 3
-
-
-

Industry emissions intensity

Very low
Low
Medium
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Very high
Some industries are more carbon intensive than others. Cannae Holdings's primary industry is Other services (93), 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. This request for Cannae Holdings is in US, which has a low grid carbon intensity relative to other regions.

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.

Cannae Holdings is not participating in any of the initiatives that 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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