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 66% 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 carbon emissions of approximately 495,000 kg CO2e for Scope 1 and about 1,000,000 kg CO2e for Scope 2. 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 both Scope 1 and Scope 2 emissions by 2030, using 2021 as the baseline year. The emissions data indicates a progressive increase in emissions over the years, with Scope 1 emissions rising from 232,000 kg CO2e in 2021 to 495,000 kg CO2e in 2023, while Scope 2 emissions increased from 227,000 kg CO2e in 2021 to 1,000,000 kg CO2e in 2023. These figures highlight the company's ongoing challenges in managing its carbon footprint. Greenply's commitment to sustainability is further underscored by its production capacity, which is reported at approximately 0.0528 kg CO2e per square metre of plywood produced. The company is actively working towards achieving its climate targets, reflecting a strong commitment to reducing its environmental impact in the coming years.
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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.
