Public Profile

Grigeo

Grigeo, officially known as Grigeo AB, is a prominent player in the paper and packaging industry, headquartered in Lithuania (LT). Founded in 1992, the company has established itself as a leader in sustainable production, focusing on eco-friendly paper products and packaging solutions. With major operations across the Baltic region and beyond, Grigeo is renowned for its innovative approach to recycling and resource management. The company offers a diverse range of products, including corrugated cardboard, paper, and hygiene products, distinguished by their commitment to sustainability and quality. Grigeo's dedication to environmental responsibility has earned it a strong market position, making it a trusted partner for businesses seeking sustainable packaging solutions. Notable achievements include significant investments in green technology, reinforcing its status as a forward-thinking industry leader.

DitchCarbon Score

How does Grigeo'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.

36

Industry Average

Mean score of companies in the Furniture 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.

26

Industry Benchmark

Grigeo's score of 36 is higher than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.

85%

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Grigeo's reported carbon emissions

In 2023, Grigeo reported total carbon emissions of approximately 23900000 kg CO2e for Scope 1, 52700000 kg CO2e for Scope 2 (market-based), and 81900000 kg CO2e for Scope 3 emissions. This reflects a significant commitment to addressing climate change, particularly in the forest and paper products sector. Grigeo has set ambitious reduction targets, aiming to decrease its Scope 1 and Scope 2 emissions by 30% by 2030, using 2021 as the baseline year. This commitment underscores their proactive approach to sustainability and carbon management. In 2022, the company focused on evaluating its natural gas intensity and forecasting energy efficiency improvements, indicating a strategic direction towards long-term emissions reduction. The company’s emissions data shows a consistent effort to monitor and manage its carbon footprint across all scopes, with a total of approximately 23900000 kg CO2e (Scope 1), 52700000 kg CO2e (Scope 2), and 81900000 kg CO2e (Scope 3) emissions reported in 2023. Grigeo's initiatives align with industry standards for climate action, reflecting a commitment to reducing greenhouse gas emissions and enhancing environmental performance.

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202120222023
Scope 1
27,600
00,000,000
00,000,000
Scope 2
500
0,000,000
00,000,000
Scope 3
74,900
00,000,000
00,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Grigeo's primary industry is Furniture; other manufactured goods n.e.c. (36), 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. This request for Grigeo is in LT, which has a very low grid carbon intensity relative to other regions.

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.

Grigeo 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Where does DitchCarbon data come from?

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