Canopy Growth
Canopy Growth Corporation, commonly referred to as Canopy Growth, is a leading player in the cannabis industry, headquartered in Smiths Falls, Ontario, Canada. Founded in 2013, the company has rapidly evolved, establishing a strong presence across North America and Europe. Canopy Growth is renowned for its diverse portfolio of cannabis products, including dried flower, oils, and edibles, which are distinguished by their quality and innovation.
With a commitment to research and development, Canopy Growth has achieved significant milestones, including partnerships with major retailers and advancements in product formulation. As a pioneer in the legal cannabis market, the company holds a prominent market position, recognised for its robust brand offerings such as Tweed and Spectrum Therapeutics. Through its dedication to excellence and sustainability, Canopy Growth continues to shape the future of the cannabis industry.
-15 vs industry average
Canopy Growth’s score of 23 is lower than 46% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Pharmaceutical Preparation Manufacturing has below-average carbon intensity
Industry performance
The Pharmaceutical Preparation Manufacturing industry has reduced its overall emissions by 19% since 0
Emissions trajectory 2020 – 2023
Reported emissions
Scope 3 accounts for ••• of total emissions.
Canopy Growth's reported carbon emissions
In 2020, Canopy Growth, headquartered in Canada, reported total emissions of approximately 46,534,000 kg CO2e. This figure includes Scope 1 emissions of about 36,548,000 kg CO2e, primarily from stationary combustion and fugitive emissions, and Scope 2 emissions of approximately 22,336,000 kg CO2e, mainly from purchased electricity and heat. Notably, the company has not disclosed any Scope 3 emissions data. Despite the absence of specific reduction targets or initiatives, Canopy Growth is committed to addressing its carbon footprint. The company has not set Science-Based Targets Initiative (SBTi) reduction targets or participated in other formal climate pledges. As the cannabis industry evolves, Canopy Growth's emissions data reflects its operational impact and highlights the need for ongoing climate commitments.
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Canopy Growth’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Canopy Growth yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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Canopy Growth
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