Public Profile

Greenpanel Industries

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.

DitchCarbon Score

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.

6

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.

5

Industry Benchmark

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.

0%

Greenpanel Industries's reported carbon emissions

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.

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202220232024
Scope 1
266,475,450
000,000,000
000,000,000
Scope 2
105,096,380
000,000,000
00,000,000
Scope 3
-
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Greenpanel Industries'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. Greenpanel Industries is headquartered in IN, 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.

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

Other Organizations in Wood Products Other Than Furniture

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Alex Pallet Inc

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Garcias Wood Works

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Updated 11 days ago

Snc Industrial Laminates Sdn. Bhd.

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Updated 3 days ago

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers