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.
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 22 is higher than 91% 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 89,702,000 kg CO2e from Scope 1 and Scope 2 sources, alongside 1,254,000 kg CO2e from Scope 3 emissions. Specifically, Scope 1 emissions included 20,076,000 kg CO2e from mobile combustion, 270,000 kg CO2e from fugitive emissions, and 16,308,000 kg CO2e from stationary combustion. Scope 2 emissions were entirely from purchased electricity, amounting to 89,702,000 kg CO2e. Scope 3 emissions comprised 315,000 kg CO2e from business travel, 629,000 kg CO2e from employee commuting, and 10,000 kg CO2e from waste generated in operations. Comparatively, in 2022, the company recorded approximately 82,926,000 kg CO2e in Scope 2 emissions and 26,837,000 kg CO2e in Scope 1 emissions, with no reported emissions from business travel or employee commuting. Notably, Scope 3 emissions from the use of sold products were significant, reaching 67,587,000 kg CO2e. Despite these figures, Graanul Invest has not publicly committed to specific reduction targets or initiatives, nor have they aligned with the Science Based Targets initiative (SBTi). The absence of defined reduction strategies suggests a need for enhanced climate commitments within the industry context.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 41,290,000 | 00,000,000 |
| Scope 2 | 82,926,000 | 00,000,000 |
| Scope 3 | 67,587,000 | 000,000 |
Industry emissions intensity
Location emissions intensity
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.
