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 37 is higher than 61% 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 14,638,300,000 kg CO2e, with significant contributions from Scope 3 emissions, which accounted for about 99% of the total. Specifically, Scope 1 emissions were approximately 437,090,000 kg CO2e, while Scope 2 emissions totalled around 617,000 kg CO2e. The breakdown of Scope 3 emissions includes 14,120,900,000 kg CO2e from the use of sold products and 170,400,000 kg CO2e from purchased goods and services. Comparatively, in 2022, the company emitted about 10,262,400,000 kg CO2e in Scope 3 emissions, with Scope 1 and Scope 2 emissions at approximately 409,350,000 kg CO2e and 594,000 kg CO2e, respectively. This indicates a substantial increase in emissions across all scopes from 2022 to 2023. GOAT Industries Ltd. has set ambitious reduction targets, aiming to decrease Scope 1 emissions intensity by 15% and Scope 2 emissions intensity by 20% by 2025, both starting from 2019 levels. These commitments reflect the company's proactive approach to mitigating its carbon footprint and addressing climate change. The emissions data is not cascaded from any parent organization, indicating that GOAT Industries Ltd. independently reports its emissions and climate commitments.
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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?
How Carbon Intensive is GOAT Industries Ltd.'s Location?
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.
Top Scope 3 Categories
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.
