Pure Extracts Technologies Corp. Sustainability Profile
Pure Extracts Technologies Corp., commonly referred to as Pure Extracts, is a leading player in the cannabis extraction industry, headquartered in Canada. Founded in 2020, the company has quickly established itself as a pioneer in the production of high-quality cannabis extracts and infused products, catering to both recreational and medicinal markets. With a focus on sustainability and innovation, Pure Extracts offers a diverse range of products, including oils, edibles, and vape cartridges, all distinguished by their purity and potency. The company operates primarily in Canada, with aspirations to expand into international markets, positioning itself as a trusted name in the rapidly evolving cannabis sector. Notable achievements include the successful launch of its proprietary extraction technology, which enhances product quality while minimising environmental impact.
DitchCarbon Score
How does Pure Extracts Technologies Corp.'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 Pharmaceutical Preparation Manufacturing 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
Pure Extracts Technologies Corp.'s score of 31 is higher than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Pure Extracts Technologies Corp.'s reported carbon emissions
In 2023, Pure Extracts Technologies Corp. reported total carbon emissions of approximately 17,809,000 kg CO2e. This figure includes 4,899,000 kg CO2e from Scope 1 emissions and 12,909,000 kg CO2e from Scope 2 emissions. The company has shown a slight decrease in total emissions compared to 2022, when emissions were about 15,344,800 kg CO2e, with Scope 1 at 6,168,800 kg CO2e and Scope 2 at 9,175,900 kg CO2e. The emissions intensity for 2023 was reported at 3,680 kg CO2e per tonne of cobalt produced, while in 2022, it was approximately 2,910 kg CO2e per tonne. This indicates a significant increase in emissions intensity, which may warrant further investigation into operational efficiencies. Currently, Pure Extracts Technologies Corp. has not established any specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to frameworks such as the Science Based Targets initiative (SBTi). The company does not disclose any Scope 3 emissions data, which could provide a more comprehensive view of its overall carbon footprint. Overall, while the company has made strides in reporting its emissions, the lack of reduction commitments highlights an area for potential improvement in its climate strategy.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 7,052,300 | 0,000,000 | 0,000,000 |
| Scope 2 | 10,622,400 | 0,000,000 | 00,000,000 |
| Scope 3 | - | - | - |
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Pure Extracts Technologies Corp.'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.
Pure Extracts Technologies Corp. 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.
