HEXO Corp. Sustainability Profile
HEXO Corp., a prominent player in the cannabis industry, is headquartered in Canada and operates extensively across North America. Founded in 2013, the company has achieved significant milestones, including rapid expansion and strategic partnerships that have solidified its market presence. HEXO Corp. is renowned for its innovative approach to producing high-quality cannabis products, including dried flower, oils, and edibles, all crafted to meet the evolving needs of consumers. With a commitment to sustainability and excellence, HEXO Corp. stands out for its unique cultivation techniques and advanced processing methods. The company has garnered recognition for its strong market position, consistently ranking among the top cannabis producers in Canada. As HEXO Corp. continues to grow, it remains dedicated to delivering exceptional products that enhance the cannabis experience for users across various demographics.
DitchCarbon Score
How does HEXO Corp.'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 Pharmaceutical Preparation 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.
Industry Benchmark
HEXO Corp.'s score of 25 is lower than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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HEXO Corp.'s reported carbon emissions
HEXO Corp., headquartered in Canada, currently does not have specific carbon emissions data available for the most recent year. The company is a current subsidiary of Tilray Brands, Inc., which may influence its climate commitments and emissions reporting. As of now, HEXO Corp. has not established any documented reduction targets or specific climate pledges. While there is no direct emissions data to report, HEXO Corp. is part of an industry that is increasingly focusing on sustainability and reducing carbon footprints. The absence of specific emissions figures suggests that HEXO may be in the early stages of developing its climate strategy or may rely on the broader initiatives of its parent company, Tilray Brands, Inc., for guidance on emissions management. In summary, HEXO Corp. is currently working within a corporate structure that prioritises climate action, but specific emissions data and reduction targets are not yet available.
How Carbon Intensive is HEXO Corp.'s Industry?
How Carbon Intensive is HEXO Corp.'s Location?
HEXO Corp.'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.
HEXO Corp. 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.
