Grindrod Limited Sustainability Profile
Grindrod Limited, a prominent player in the logistics and freight services industry, is headquartered in South Africa (ZA) and operates extensively across Southern Africa and beyond. Founded in 1910, the company has evolved significantly, marking key milestones in its journey, including the expansion of its integrated logistics solutions and the development of its port and rail services. Specialising in logistics, shipping, and financial services, Grindrod Limited offers unique core products such as freight forwarding, warehousing, and marine services, distinguished by their commitment to efficiency and sustainability. With a strong market position, Grindrod has garnered recognition for its innovative approaches and strategic partnerships, solidifying its reputation as a leader in the logistics sector.
DitchCarbon Score
How does Grindrod 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 Land Transportation 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
Grindrod Limited's score of 27 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Grindrod Limited's reported carbon emissions
In 2024, Grindrod Limited reported total carbon emissions of approximately 57,349,000 kg CO2e, comprising 24,665,000 kg CO2e from Scope 1, 18,126,000 kg CO2e from Scope 2, and 14,558,000 kg CO2e from Scope 3 emissions. This marked an increase from 2023, where total emissions were about 47,584,000 kg CO2e, with Scope 1 emissions at 23,658,000 kg CO2e, Scope 2 at 13,991,000 kg CO2e, and Scope 3 at 9,935,000 kg CO2e. Grindrod has set ambitious long-term carbon reduction targets, aiming for a 52% reduction in Scope 1 and Scope 2 emissions from a 2019 baseline by 2035, and a further 68% reduction by 2040. By 2045, the company targets an 84% reduction in these scopes. Additionally, Grindrod has committed to achieving carbon neutrality across all scopes by 2050, with a planned annual reduction of 3.2% in greenhouse gas emissions from the 2019 baseline. The company’s emissions data is self-reported and does not appear to be cascaded from any parent organization. Grindrod's climate commitments reflect a proactive approach to addressing climate change within the logistics and transport sector, aligning with industry standards for sustainability and emissions reduction.
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| 2009 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 321,362,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 5,914,000 | 00,000,000 | - | - | - | - | - | 0,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | 0,000,000 | - | - | - | - | - | 0,000,000 | 0,000,000 | 00,000,000 |
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Grindrod 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.
Grindrod 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.
