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Insurance Services
US
updated a month ago

Caravela Coffee LLC Sustainability Profile

Company website

Caravela Coffee LLC, a prominent player in the specialty coffee industry, is headquartered in the United States, with significant operations across Latin America. Founded in 2004, the company has established itself as a leader in sourcing and exporting high-quality green coffee beans, focusing on sustainable practices and direct relationships with farmers. Caravela Coffee is renowned for its unique offerings, including a diverse range of single-origin coffees that highlight the distinct flavours of various regions. The company’s commitment to quality and sustainability has earned it a strong market position, recognised for its ethical sourcing and innovative supply chain solutions. With a focus on transparency and quality, Caravela Coffee continues to make significant strides in the specialty coffee sector, catering to discerning coffee enthusiasts worldwide.

DitchCarbon Score

How does Caravela Coffee LLC'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.

28

Industry Average

Mean score of companies in the Insurance 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.

33

Industry Benchmark

Caravela Coffee LLC's score of 28 is lower than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.

44%

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Caravela Coffee LLC's reported carbon emissions

In 2021, Caravela Coffee LLC reported significant carbon emissions, totalling approximately 2,000,000,000 kg CO2e across all scopes. This included 21,942,000 kg CO2e from Scope 1 emissions and 49,000,000 kg CO2e from Scope 2 emissions. The majority of their emissions, about 1,999,999,000 kg CO2e, were attributed to Scope 3, specifically from purchased goods and services, which accounted for approximately 29,966,000 kg CO2e. As of 2022, Caravela Coffee has not disclosed specific emissions data, focusing instead on average emissions related to coffee production. The average emissions for coffee parchment in Colombia were reported at about 3,180 kg CO2e per tonne, while the regional benchmark stood at approximately 3,900 kg CO2e per tonne. Currently, Caravela Coffee LLC has not set any formal reduction targets or climate pledges, indicating a potential area for future commitment. The absence of specific reduction initiatives suggests that the company may be in the early stages of developing a comprehensive climate strategy.

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2021
Scope 1
21,942,000
Scope 2
49,000,000
Scope 3
2,000,000,000

How Carbon Intensive is Caravela Coffee LLC's Industry?

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

How Carbon Intensive is Caravela Coffee LLC's Location?

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 Caravela Coffee LLC is in US, which has a low grid carbon intensity relative to other regions.

Caravela Coffee LLC's Scope 3 Categories Breakdown

Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the primary emissions source at 1% of Scope 3 emissions.

Top Scope 3 Categories

2021
Purchased Goods and Services
1%

Caravela Coffee LLC's Climate Goals (2030 & 2050)

Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.

Caravela Coffee LLC has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

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

Compare Caravela Coffee LLC's Emissions with Industry Peers

Nespresso USA Inc

US
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Food products nec
Updated 8 days ago

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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