Drax Biomass Inc Sustainability Profile
Drax Biomass Inc., a leading player in the renewable energy sector, is headquartered in the United States, with significant operations across the Southern region. Founded in 2013, the company has rapidly established itself as a key supplier of sustainable biomass products, primarily wood pellets, which are used as a low-carbon alternative to fossil fuels in energy generation. Drax Biomass focuses on sourcing and producing high-quality biomass, utilising innovative processes that ensure sustainability and efficiency. The company’s commitment to environmental stewardship and its strategic partnerships have positioned it as a notable contributor to the global transition towards renewable energy. With a strong market presence, Drax Biomass continues to play a vital role in promoting cleaner energy solutions while supporting local economies through job creation and sustainable practices.
DitchCarbon Score
How does Drax Biomass 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 Electricity Transmission 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
Drax Biomass Inc's score of 72 is higher than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Drax Biomass Inc, headquartered in the US, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. The company is a current subsidiary of Drax Group plc, which may influence its climate commitments and reporting practices. While there are no documented reduction targets or specific climate pledges from Drax Biomass Inc, it is important to note that any climate initiatives or targets would likely be inherited from its parent company, Drax Group plc. This includes potential commitments to the Science Based Targets initiative (SBTi) and other climate-related frameworks, which are cascaded down from the parent organisation. As a part of the broader Drax Group, Drax Biomass Inc may align with industry standards and practices aimed at reducing carbon emissions and enhancing sustainability. However, without specific data or commitments from Drax Biomass Inc itself, a detailed assessment of its carbon footprint and climate strategies remains unavailable.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 2,049,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 322,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is Drax Biomass Inc's Industry?
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Drax Biomass Inc's Scope 3 Categories Breakdown
Drax Biomass Inc's Scope 3 emissions, which decreased by 19% last year and decreased by approximately 9% since 2020, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Fuel and Energy Related Activities" being the largest emissions source at 47% of Scope 3 emissions.
Top Scope 3 Categories
Drax Biomass Inc'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.
Drax Biomass 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.
