Cresco Labs Inc.
Cresco Labs Inc., a leading player in the cannabis industry, is headquartered in the United States and operates across several key regions, including Illinois, Pennsylvania, and California. Founded in 2013, the company has rapidly established itself as a pioneer in the cultivation, manufacturing, and distribution of cannabis products, focusing on both medical and recreational markets. Cresco Labs is renowned for its diverse portfolio of high-quality cannabis brands, including Cresco, Reserve, and Mindy's Edibles, which are distinguished by their commitment to innovation and consumer experience. The company has achieved significant milestones, such as being one of the first to offer a comprehensive suite of products that cater to various consumer preferences. With a strong market position and a dedication to sustainability, Cresco Labs continues to set benchmarks in the evolving cannabis landscape.
DitchCarbon Score
How does Cresco Labs Inc.'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.
Industry Average
Mean score of companies in the Pharmaceutical Preparation Manufacturing 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.
Industry Benchmark
Cresco Labs Inc.'s score of 28 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Cresco Labs Inc.'s reported carbon emissions
Cresco Labs Inc., headquartered in the US, has set ambitious climate commitments aimed at significantly reducing its carbon emissions. Although specific emissions data for the most recent year is not available, the company has established near-term targets through the Science Based Targets initiative (SBTi). Cresco Labs aims to achieve a 42% reduction in absolute greenhouse gas emissions across both Scope 1 and Scope 2 by the year 2030, using 2021 as the baseline year. This commitment aligns with the global goal of limiting temperature rise to 1.5°C, reflecting the company's dedication to sustainable practices and climate responsibility. While the company has not disclosed specific Scope 3 emissions data, it has committed to measuring and reducing these emissions as part of its broader climate strategy. Cresco Labs' targets are indicative of a proactive approach to environmental stewardship within the cannabis industry, positioning the company as a leader in climate action.
Industry emissions intensity
Location emissions 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.
Cresco Labs Inc. is participating in some 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.
