Graincorp
GrainCorp Limited, commonly referred to as GrainCorp, is a leading agribusiness headquartered in Australia, with significant operations across key agricultural regions including New South Wales, Victoria, and Queensland. Founded in 1916, GrainCorp has established itself as a pivotal player in the grain supply chain, specialising in grain handling, storage, and marketing. The company offers a diverse range of services, including logistics, grain trading, and processing, which are tailored to meet the needs of farmers and customers alike. GrainCorp's commitment to innovation and sustainability sets it apart in the industry, ensuring efficient operations and high-quality products. With a strong market position, GrainCorp has achieved notable milestones, reinforcing its reputation as a trusted partner in the agricultural sector.
DitchCarbon Score
How does Graincorp'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 Food Product Manufacturing 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
Graincorp's score of 40 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Graincorp's reported carbon emissions
In 2023, GrainCorp reported total carbon emissions of approximately 58,301,000 kg CO2e for Scope 1 and about 71,928,000 kg CO2e for Scope 2. This reflects a slight increase in Scope 1 emissions compared to 2022, which were about 56,539,000 kg CO2e, while Scope 2 emissions decreased from approximately 79,020,000 kg CO2e in the previous year. GrainCorp has set ambitious long-term climate commitments, aiming for a 30% reduction in both Scope 1 and Scope 2 emissions by 2025, which translates to an estimated saving of over 260,000 tonnes CO2e over a decade. Additionally, the company is committed to achieving net-zero emissions across all scopes by 2050, as part of its Science Based Targets initiative (SBTi) commitment established in 2023. The company has consistently disclosed its emissions data, including Scope 3 emissions, which were reported at approximately 5,267,166,000 kg CO2e in 2021, indicating a significant area for potential improvement. GrainCorp's ongoing efforts to reduce its carbon footprint align with industry standards and reflect a proactive approach to climate change mitigation.
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| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 239,172,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 165,752,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | - | - | 0,000,000,000 | - | - | - |
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.
Graincorp is participating in some 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.
