Picanol nv Sustainability Profile
Picanol nv, headquartered in Belgium, is a leading player in the textile machinery industry, renowned for its innovative weaving solutions. Founded in 1936, the company has established a strong presence in key operational regions, including Europe, Asia, and the Americas. Picanol is primarily focused on the development and manufacturing of high-performance weaving machines, which are distinguished by their advanced technology and efficiency. With a commitment to quality and sustainability, Picanol has achieved significant milestones, including the introduction of the OptiMax and Terry machines, which have set new standards in the market. The company’s dedication to research and development has solidified its position as a market leader, making it a preferred choice for textile manufacturers worldwide. Picanol's reputation for excellence is further underscored by its robust global network and customer-centric approach.
DitchCarbon Score
How does Picanol nv'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 Machinery and Equipment 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
Picanol nv's score of 63 is higher than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Picanol nv, headquartered in Belgium (BE), currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The company is a current subsidiary of Tessenderlo Group NV, which may influence its climate-related initiatives and reporting. As of now, Picanol nv has not established any documented reduction targets or commitments to the Science Based Targets initiative (SBTi). There are no climate pledges or specific reduction initiatives outlined in the available data. Given the lack of specific emissions data and reduction targets, it is essential to consider the broader context of the textile machinery industry, where companies are increasingly focusing on sustainability and carbon footprint reduction. Picanol nv's climate commitments may evolve as industry standards and expectations shift towards greater transparency and accountability in emissions reporting.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 1,241,117,000 | 00,000,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 188,457,000 | 00,000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 |
| Scope 3 | - | 0,000,000,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is Picanol nv's Industry?
How Carbon Intensive is Picanol nv's Location?
Picanol nv's Scope 3 Categories Breakdown
Picanol nv's Scope 3 emissions, which decreased by 16% last year and decreased by approximately 100% since 2021, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 62% of Scope 3 emissions.
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Picanol nv'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.
Picanol nv 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.
