Grace, officially known as Grace Technologies, is a leading provider of innovative solutions in the industrial automation sector, headquartered in the United States. Founded in 1997, the company has established a strong presence across North America and beyond, focusing on enhancing operational efficiency and safety in various industries.
Specialising in advanced monitoring and control systems, Grace offers unique products such as their renowned GracePort® and GracePOD® solutions, which streamline equipment management and improve workplace safety. With a commitment to quality and innovation, Grace has achieved significant milestones, including numerous industry awards that underscore its market position as a trusted partner for businesses seeking to optimise their operations.
-6 vs industry average
Grace’s score of 24 is higher than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Chemicals is among the most carbon-intensive industries
Industry performance
The Chemicals industry has reduced its overall emissions by 19% since 2018
Emissions trajectory 2020 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
Grace's reported carbon emissions
In 2023, Grace's total carbon emissions amounted to approximately 692,278,000 kg CO2e, comprising 579,611,000 kg CO2e from Scope 1 and 112,667,000 kg CO2e from Scope 2 emissions. This data is cascaded from its parent company, W. R. Grace & Co.-Conn., reflecting the organisation's commitment to transparency in its environmental impact.
Grace has set ambitious climate commitments, including a target to reduce its global greenhouse gas emissions from Scope 1 and 2 by 22% by 2029, using 2019 as the baseline year. This target has been endorsed by the Board of Directors and demonstrates the company's proactive approach to mitigating climate change.
Additionally, Grace is committed to divesting from all direct and indirect investments in fossil fuels by 2030, further solidifying its dedication to sustainability and responsible environmental stewardship. These initiatives are part of a broader strategy to align with industry standards and contribute positively to global climate goals.
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Grace’s Climate Goals (2030 & 2050)
3 goals2029
22% reduction in Scope 2
Grace has set 22% global GHG Scope 1 and 2 emissions reduction target by 2029, from a 2019 baseline.
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
9 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Grace
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