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.

18

Industry Benchmark

Graanul Invest's score of 25 is higher than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.

94%

Graanul Invest's reported carbon emissions

In 2023, Graanul Invest reported total carbon emissions of approximately 89,702,000 kg CO2e, comprising Scope 1 emissions of about 36,000,000 kg CO2e (including mobile combustion, stationary combustion, and fugitive emissions), Scope 2 emissions of approximately 89,702,000 kg CO2e from purchased electricity, and Scope 3 emissions of about 944,000 kg CO2e (including business travel, employee commute, and waste generated in operations). The company has demonstrated a commitment to reducing its carbon intensity, achieving a reduction in emissions per megajoule of green energy produced, with figures of 0.00703 grams CO2e in 2023, down from 0.00708 grams CO2e in 2020 and 0.00663 grams CO2e in 2021. However, there are currently no specific reduction targets or climate pledges disclosed by Graanul Invest. Overall, Graanul Invest's emissions data reflects a focus on sustainability within the wood and biomass industry, aligning with global climate initiatives while continuing to monitor and report on its carbon footprint.

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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. Graanul Invest is headquartered in EE, which has a rank of very high, indicating very high grid carbon 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 committed to any reduction initiatives 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

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