Graanul Invest Sustainability Profile
Graanul Invest, a leading player in the renewable energy sector, is headquartered in Estonia (EE) and operates extensively across Europe. Founded in 2003, the company has established itself as a prominent producer of wood pellets, contributing significantly to sustainable energy solutions. Graanul Invest's core offerings include high-quality wood pellets and biomass products, which are distinguished by their exceptional efficiency and eco-friendliness. With a strong commitment to innovation and sustainability, Graanul Invest has achieved notable milestones, including becoming one of the largest wood pellet manufacturers in Europe. The company’s strategic focus on renewable resources positions it favourably in the growing green energy market, making it a key contributor to the transition towards a more sustainable future.
DitchCarbon Score
How does Graanul Invest'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 Wood Products Other Than Furniture 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
Graanul Invest's score of 14 is lower than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Graanul Invest's reported carbon emissions
In 2023, Graanul Invest reported total carbon emissions of approximately 287,743,000 kg CO2e, with Scope 1 emissions accounting for about 36,838,000 kg CO2e, derived from mobile and stationary combustion sources. This marks a significant increase from 2022, when total emissions were approximately 205,805,000 kg CO2e, with Scope 1 emissions at about 40,000,000 kg CO2e. Graanul Invest has not disclosed any Scope 2 or Scope 3 emissions data, nor have they set specific reduction targets or initiatives as part of their climate commitments. The company has not cascaded any emissions data from a parent or related organization, indicating that their reported figures are solely their own. The organisation's emissions intensity metrics indicate a carbon intensity of approximately 0.00703 gCO2e/MJ for electricity in 2023, reflecting their ongoing efforts to monitor and manage their carbon footprint. However, without specific reduction targets or commitments, the future trajectory of their emissions remains uncertain.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 40,756,000 | 00,000,000 |
| Scope 2 | - | - |
| Scope 3 | - | - |
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Graanul Invest'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.
Graanul Invest 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.
