GOAT Industries Ltd. Sustainability Profile
GOAT Industries Ltd., headquartered in California, is a leading player in the innovative technology sector, specialising in advanced manufacturing solutions. Founded in 2010, the company has rapidly expanded its operational footprint across North America and Europe, establishing itself as a trusted partner for businesses seeking cutting-edge production capabilities. GOAT Industries is renowned for its unique approach to automation and robotics, offering a range of products that enhance efficiency and precision in manufacturing processes. Their commitment to quality and sustainability has garnered them a strong market position, with notable achievements including several industry awards for innovation and excellence. As a forward-thinking enterprise, GOAT Industries continues to set benchmarks in the technology landscape, driving progress and redefining standards in the manufacturing industry.
DitchCarbon Score
How does GOAT Industries Ltd.'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 Beverage 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
GOAT Industries Ltd.'s score of 34 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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GOAT Industries Ltd.'s reported carbon emissions
In 2023, GOAT Industries Ltd. reported total carbon emissions of approximately 15.1 billion kg CO2e. This figure includes Scope 1 emissions of about 437.1 million kg CO2e, Scope 2 emissions of approximately 617,000 kg CO2e, and Scope 3 emissions totalling around 14.6 billion kg CO2e. The Scope 3 emissions breakdown reveals significant contributions from the use of sold products (approximately 14.1 billion kg CO2e) and purchased goods and services (about 170.4 million kg CO2e). GOAT Industries has set ambitious reduction targets, aiming to decrease Scope 1 emissions intensity by 15% and Scope 2 emissions intensity by 20% by 2025. These targets reflect the company's commitment to enhancing its sustainability practices and reducing its overall carbon footprint. The emissions data for previous years shows a trend of increasing total emissions, with 2022 at approximately 10.7 billion kg CO2e and 2021 at about 8.3 billion kg CO2e. This highlights the importance of their ongoing initiatives to mitigate climate impact. GOAT Industries Ltd. operates with a clear focus on climate commitments, striving to align with industry standards and best practices in emissions reduction.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 275,470,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 433,000 | 000,000 | 000,000 |
| Scope 3 | 8,039,100,000 | 00,000,000,000 | 00,000,000,000 |
How Carbon Intensive is GOAT Industries Ltd.'s Industry?
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GOAT Industries Ltd.'s Scope 3 Categories Breakdown
GOAT Industries Ltd.'s Scope 3 emissions, which increased by 43% last year and increased by approximately 82% since 2021, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 96% of Scope 3 emissions.
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GOAT Industries Ltd.'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.
GOAT Industries Ltd. 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.
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