Loop Industries, Inc.
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Loop Industries, Inc.'s score of 8 is lower than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Loop Industries, Inc.'s reported carbon emissions
Loop Industries, Inc., headquartered in California, currently does not have available carbon emissions data for the most recent year, nor does it report any specific reduction targets or initiatives. The company has not disclosed any commitments to the Science Based Targets initiative (SBTi) or other climate pledges. As such, there are no emissions figures, including Scope 1, 2, or 3 emissions, to report. In the absence of specific emissions data or reduction initiatives, it is important to note that Loop Industries operates within the context of the broader industry focus on sustainability and carbon reduction. The company is expected to align with industry standards and practices aimed at reducing carbon footprints and enhancing environmental responsibility. However, without concrete data or commitments, a detailed assessment of their climate impact remains unavailable.
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.
Loop Industries, Inc. is not participating in any 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.
