Loop Industries, Inc., a pioneering leader in sustainable plastic solutions, is headquartered in California. Founded in 2014, the company has rapidly established itself within the recycling industry, focusing on innovative technologies that transform waste PET plastic into high-quality, virgin-like materials. With operations extending across North America and Europe, Loop Industries is committed to addressing the global plastic crisis through its proprietary depolymerisation process. This unique method not only recycles plastics but also significantly reduces carbon emissions compared to traditional recycling methods. Recognised for its commitment to sustainability, Loop Industries has achieved notable milestones, including partnerships with major brands to promote circular economy initiatives. As a frontrunner in the green technology sector, Loop Industries continues to redefine the future of plastic recycling, making significant strides towards a more sustainable planet.
How does Loop Industries, Inc.'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.
Mean score of companies in the Plastic production 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.
Loop Industries, Inc.'s score of 18 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Loop Industries, Inc., headquartered in California, currently does not have available carbon emissions data for the most recent year, nor does it specify any reduction targets or initiatives. Without specific emissions figures, it is challenging to assess their carbon footprint or climate commitments in detail. However, the company is positioned within the sustainable materials industry, which is increasingly focused on reducing greenhouse gas emissions and enhancing circular economy practices. As such, Loop Industries may be engaged in efforts to align with industry standards for sustainability, although specific commitments or targets have not been disclosed.
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.
Loop Industries, Inc. is not committed to any 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.