Grigeo
Grigeo, officially known as Grigeo AB, is a prominent player in the packaging and paper industry, headquartered in Lithuania (LT). Established in 1992, the company has evolved significantly, marking key milestones in sustainable production and innovation. Grigeo operates primarily in the Baltic region, focusing on the manufacture of high-quality paper products, including corrugated cardboard and various packaging solutions. What sets Grigeo apart is its commitment to eco-friendly practices, utilising recycled materials and advanced technologies to minimise environmental impact. The company has garnered a strong market position, recognised for its dedication to sustainability and quality. With a diverse portfolio of products, Grigeo continues to lead the way in the industry, contributing to both local and international markets while prioritising responsible production methods.
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.
Industry Average
Mean score of companies in the Business Services 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
Grigeo's score of 13 is lower than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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 increase in emissions compared to 2022, where Scope 1 emissions were about 22900000 kg CO2e, Scope 2 emissions were approximately 7719 kg CO2e (market-based), and Scope 3 emissions totalled around 80400000 kg CO2e. Grigeo's emissions profile indicates a heavy reliance on Scope 3 emissions, which include purchased goods and services (approximately 43311000 kg CO2e) and downstream transportation and distribution (about 17683000 kg CO2e). The company has not set a net-zero target but is committed to near-term reduction initiatives, although specific reduction targets have not been disclosed. The company operates within the forest and paper products sector, which is known for its significant environmental impact. Grigeo's commitment to addressing climate change is evident, but further details on specific reduction strategies or long-term goals remain unspecified.
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Add to project| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 99,600 | 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
Location emissions 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.
Grigeo is committed to some 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.
