Greenply Industries Limited Sustainability Profile
Greenply Industries Limited, headquartered in India, is a leading player in the plywood and decorative surface industry. Founded in 1990, the company has established a strong presence across major operational regions, including South Asia and the Middle East. Greenply is renowned for its high-quality plywood, block boards, and decorative veneers, which are distinguished by their durability and innovative designs. With a commitment to sustainability and cutting-edge technology, Greenply has achieved significant milestones, including ISO certifications and numerous awards for excellence in manufacturing. The company holds a prominent market position, recognised for its extensive product range and customer-centric approach. Greenply Industries Limited continues to set benchmarks in the industry, making it a trusted name for architects, designers, and homeowners alike.
DitchCarbon Score
How does Greenply Industries Limited'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 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.
Industry Benchmark
Greenply Industries Limited's score of 23 is lower 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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Greenply Industries Limited's reported carbon emissions
In 2023, Greenply Industries Limited reported total carbon emissions of approximately 1,495,000 kg CO2e, comprising 495,000 kg CO2e from Scope 1 and 1,000,000 kg CO2e from Scope 2 emissions. The company has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 emissions to near zero by 2025. Additionally, Greenply targets a 50% reduction in Scope 1 and Scope 2 emissions by 2030, using 2021 as the baseline year. In 2022, the company’s emissions were significantly higher, with Scope 1 emissions at approximately 11,448,420 kg CO2e and Scope 2 emissions at about 8,924,290 kg CO2e, totalling around 21,600,000 kg CO2e. This indicates a substantial commitment to reducing its carbon footprint in the coming years. Greenply's climate initiatives reflect a proactive approach to sustainability, aligning with industry standards and demonstrating a clear pathway towards achieving net-zero emissions. The data presented is not cascaded from any parent organization, indicating that these figures and commitments are solely from Greenply Industries Limited.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 232,000 | 000,000 | 000,000 |
| Scope 2 | 227,000 | 000,000 | 0,000,000 |
| Scope 3 | - | - | - |
How Carbon Intensive is Greenply Industries Limited's Industry?
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Greenply Industries Limited'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.
Greenply Industries Limited 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.
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