Greenpanel Industries, headquartered in India, is a leading player in the engineered wood industry, specialising in the production of high-quality MDF (Medium Density Fibreboard) and particle board. Founded in 1987, the company has established a strong presence across major operational regions in India, catering to both domestic and international markets. With a commitment to sustainability, Greenpanel Industries offers a diverse range of eco-friendly products that stand out for their durability and aesthetic appeal. Their innovative manufacturing processes and adherence to stringent quality standards have positioned them as a trusted name in the industry. Notable achievements include significant market share growth and recognition for their contributions to sustainable practices in wood manufacturing.
How does Greenpanel Industries'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.
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.
Greenpanel Industries's score of 6 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Greenpanel Industries reported total carbon emissions of approximately 281,022,830 kg CO2e from Scope 1 and 105,749,720 kg CO2e from Scope 2, resulting in a combined total of about 386,772,550 kg CO2e. This represents a slight increase in emissions compared to 2022, where emissions were approximately 371,571,830 kg CO2e. For 2024, the company has projected emissions of about 311,069,970 kg CO2e for Scope 1 and 99,961,760 kg CO2e for Scope 2, indicating a commitment to reducing overall emissions. Greenpanel Industries has not disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. However, the company has shown a focus on improving emission intensity, achieving approximately 600 kg CO2e per tonne of physical output in 2024, down from 710 kg CO2e in 2023. This suggests a strategic approach to enhancing operational efficiency and reducing carbon intensity in their production processes. Overall, while Greenpanel Industries has not set formal reduction targets, their ongoing efforts to manage and report emissions reflect a commitment to addressing climate change within the industry context.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2022 | 2023 | 2024 | |
---|---|---|---|
Scope 1 | 266,475,450 | 000,000,000 | 000,000,000 |
Scope 2 | 105,096,380 | 000,000,000 | 00,000,000 |
Scope 3 | - | - | - |
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.
Greenpanel Industries 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.