Cronos Group Inc., a leading player in the cannabis industry, is headquartered in California and operates across key regions including Canada and the United States. Founded in 2013, the company has achieved significant milestones, establishing itself as a pioneer in the production and distribution of cannabis products. Specialising in both medical and recreational cannabis, Cronos Group offers a diverse range of unique products, including oils, vapourisers, and edibles, all crafted with a commitment to quality and innovation. The company is recognised for its strategic partnerships and investments in research and development, positioning it as a formidable competitor in the rapidly evolving cannabis market. With a focus on sustainability and consumer education, Cronos Group continues to set industry standards while expanding its global footprint.
How does Cronos Group 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.
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.
Cronos Group Inc.'s score of 28 is lower than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Cronos Group Inc., headquartered in Canada, currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. The company has not established any documented reduction targets or commitments to the Science Based Targets initiative (SBTi) or other climate pledges. As there are no emissions data or reduction initiatives available, it is unclear how Cronos Group Inc. is addressing its carbon footprint or climate impact. The lack of reported emissions and commitments suggests that the company may still be in the early stages of developing a comprehensive climate strategy. In the context of the cannabis industry, where sustainability is becoming increasingly important, it is essential for companies like Cronos Group Inc. to establish clear climate commitments and reduction targets to align with industry standards and stakeholder expectations.
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.
Cronos Group Inc. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
