Public Profile

Graanul Invest

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.

25

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.

19

Industry Benchmark

Graanul Invest's score of 25 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.

93%

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Graanul Invest's reported carbon emissions

In 2023, Graanul Invest reported total carbon emissions of approximately 100,000,000 kg CO2e, comprising Scope 1 emissions of about 36,000,000 kg CO2e and Scope 2 emissions of approximately 89,702,000 kg CO2e. Scope 3 emissions were minimal, with business travel and employee commute contributing about 944,000 kg CO2e. The company has shown a commitment to reducing its carbon footprint, although specific reduction targets or initiatives have not been disclosed. In previous years, Graanul Invest's emissions have remained relatively low, with Scope 1 emissions consistently reported at about 0.01 kg CO2e and Scope 2 emissions at 0.0 kg CO2e in 2018 through 2020. Graanul Invest's carbon intensity has varied, with a reported carbon intensity of approximately 0.00703 gCO2e/MJ in 2023. The company continues to focus on sustainability practices, although further details on specific reduction initiatives or commitments to industry standards such as the Science Based Targets initiative (SBTi) are not available. Overall, Graanul Invest is actively monitoring its emissions and striving for sustainability, reflecting a growing awareness of climate impact within the industry.

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20182019202020222023
Scope 1
0.01
0.00
0.00
00,000,000
00,000,000
Scope 2
-
-
-
00,000,000
00,000,000
Scope 3
-
-
-
00,000,000
000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Graanul Invest's primary industry is Wood and products of wood and cork (except furniture); articles of straw and plaiting materials (20), which is low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Graanul Invest is in EE, which has a very high grid carbon intensity relative to other regions.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Graanul Invest is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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