Olenex, officially known as Olenex AG, is a prominent player in the edible oils and fats industry, headquartered in Switzerland (CH). Founded in 2015, the company has rapidly established itself as a key supplier of high-quality vegetable oils and fats, serving various sectors including food production, retail, and food service across Europe and beyond. Olenex is renowned for its innovative approach to sustainable sourcing and production, offering a diverse range of products such as refined oils, specialty fats, and tailor-made solutions. Their commitment to quality and sustainability sets them apart in a competitive market, positioning Olenex as a trusted partner for businesses seeking reliable and environmentally responsible ingredients. With a focus on customer satisfaction and industry excellence, Olenex continues to achieve significant milestones in the global market.
How does Olenex'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 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.
Olenex's score of 6 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Olenex reported total carbon emissions of approximately 94,324,000 kg CO2e, a slight decrease from about 95,318,000 kg CO2e in 2021. These figures represent Scope 1 and 2 emissions, indicating direct and indirect emissions from their operations. Despite the reduction in emissions over the two years, Olenex has not publicly disclosed specific reduction targets or initiatives aimed at further decreasing their carbon footprint. The absence of defined climate commitments suggests that while Olenex is making progress in reducing emissions, there is potential for more structured climate action and transparency in their sustainability efforts. As a company headquartered in Switzerland (CH), Olenex operates within an industry context that increasingly prioritises climate responsibility, making it essential for them to establish clear climate commitments and reduction strategies moving forward.
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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.
Olenex 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.