Grace Sustainability Profile
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.
DitchCarbon Score
How does Grace'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 Chemicals 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
Grace's score of 38 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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Grace's reported carbon emissions
In 2023, Grace's total carbon emissions amounted to approximately 447.3 million kg CO2e, comprising 385.6 million kg CO2e from Scope 1 and about 61.8 million kg CO2e from Scope 2 emissions. The company has not disclosed any Scope 3 emissions data for this year. Grace has set ambitious climate commitments, including a target to reduce its global GHG emissions from Scope 1 and 2 by 22% by 2029, using 2019 as the baseline year. This target has been endorsed by its Board of Directors and reflects the company's commitment to sustainability. Additionally, Grace aims to divest from all direct and indirect investments in fossil fuels by 2030, further demonstrating its dedication to climate action. The emissions data for Grace is cascaded from its parent company, W. R. Grace & Co.-Conn., which oversees the organisation's sustainability initiatives and performance metrics.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 588,705,000 | - | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 190,915,000 | - | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | - |
How Carbon Intensive is Grace's Industry?
How Carbon Intensive is Grace's Location?
Grace's Scope 3 Categories Breakdown
Grace's Scope 3 emissions, which increased by 8% last year and increased by approximately 16% since 2020, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Processing of Sold Products" being the largest emissions source at 62% of Scope 3 emissions.
Top Scope 3 Categories
Grace's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Grace has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
