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Pinnacle Renewable Energy Inc.
Pinnacle Renewable Energy Inc., commonly referred to as Pinnacle, is a leading player in the biomass energy sector, headquartered in Canada. Established in 2008, the company has rapidly expanded its operations across North America, focusing on the production of high-quality wood pellets. These pellets serve as a sustainable alternative to fossil fuels, catering to both domestic and international markets. Pinnacle's core offerings include premium wood pellets, which are distinguished by their low emissions and high energy content. The company has achieved significant milestones, including the development of multiple production facilities, positioning itself as a key supplier in the renewable energy landscape. With a commitment to sustainability and innovation, Pinnacle Renewable Energy continues to enhance its market presence, contributing to a greener future.
DitchCarbon Score
How does Pinnacle Renewable Energy 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 Crude Oil Extraction 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
Pinnacle Renewable Energy Inc.'s score of 62 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Pinnacle Renewable Energy Inc., headquartered in Canada, currently does not report specific carbon emissions data for the most recent year, as indicated by the absence of emissions figures. The company is a current subsidiary of Drax Group plc, which may influence its climate commitments and reporting practices. While Pinnacle Renewable Energy Inc. has not set its own reduction targets, it inherits climate initiatives and performance metrics from Drax Group plc. This includes participation in the Science Based Targets initiative (SBTi) and the Carbon Disclosure Project (CDP), both of which are managed at the corporate level by Drax Group plc. The specific details of these initiatives and their associated targets are not disclosed in the available data. As a part of its commitment to sustainability, Pinnacle Renewable Energy Inc. aligns with broader industry standards and practices, although specific reduction targets or achievements have not been outlined. The company's climate strategy may be influenced by its parent company's initiatives, reflecting a commitment to reducing carbon emissions and enhancing environmental performance within the renewable energy sector.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 2,049,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 322,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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.
Pinnacle Renewable Energy 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.
