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 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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Graanul Invest's reported carbon emissions
In 2023, Graanul Invest reported total carbon emissions of approximately 89,702,000 kg CO2e, with emissions distributed across various scopes. The breakdown includes about 20,076,000 kg CO2e from Scope 1 (mobile combustion: 20,076,000 kg CO2e; stationary combustion: 16,308,000 kg CO2e; fugitive emissions: 270,000 kg CO2e), and approximately 89,702,000 kg CO2e from Scope 2 (purchased electricity). Scope 3 emissions were reported at about 954,000 kg CO2e, which includes business travel (315,000 kg CO2e), employee commute (629,000 kg CO2e), and waste generated in operations (10,000 kg CO2e). Comparatively, in 2022, Graanul Invest's total emissions were approximately 82,926,000 kg CO2e, with Scope 1 emissions at about 42,000,000 kg CO2e and Scope 2 emissions at approximately 82,926,000 kg CO2e. Notably, there were no reported Scope 3 emissions for business travel or employee commute in that year, but significant emissions from the use of sold products were recorded at about 67,587,000 kg CO2e. Despite these figures, Graanul Invest has not set specific reduction targets or initiatives as part of their climate commitments, nor do they appear to be part of any recognised climate pledges such as SBTi. The company has not disclosed any cascading emissions data from a parent organisation, indicating that their reported figures are independent. Overall, Graanul Invest's emissions data reflects a substantial carbon footprint, with a need for strategic initiatives to address and reduce their environmental impact in alignment with industry standards.
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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.
