Renewcell
Renewcell, officially known as Renewcell AB, is a pioneering company headquartered in Sweden (SE) that operates at the forefront of the textile recycling industry. Founded in 2012, Renewcell has made significant strides in transforming the fashion landscape by developing innovative solutions for circular textiles. The company’s flagship product, Circulose®, is a unique, biodegradable material derived from recycled cotton textiles, setting a new standard for sustainable fashion. This revolutionary approach not only reduces waste but also conserves resources, positioning Renewcell as a leader in the shift towards a more sustainable textile economy. With a strong presence in Europe and growing recognition globally, Renewcell has achieved notable milestones, including partnerships with major fashion brands, further solidifying its market position as a key player in the sustainable materials sector.
DitchCarbon Score
How does Renewcell'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 Retail Trade 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.
Industry Benchmark
Renewcell's score of 29 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Renewcell's reported carbon emissions
In 2023, Renewcell reported total carbon emissions of approximately 9,000,000 kg CO2e, comprising 5,157,000 kg CO2e from Scope 1, 2,328,000 kg CO2e from Scope 2, and 2,165,000 kg CO2e from Scope 3 emissions. This data highlights the company's comprehensive approach to tracking its carbon footprint across all scopes of emissions. In 2022, Renewcell's emissions were slightly lower, with a total of about 8,000,000 kg CO2e, including 4,519,000 kg CO2e from Scope 1, 1,688,000 kg CO2e from Scope 2, and 2,155,000 kg CO2e from Scope 3. This indicates a stable emission profile as the company continues to operate in the textile recycling sector. Despite the absence of specific reduction targets or initiatives disclosed, Renewcell is committed to sustainability within the textile industry, focusing on reducing the environmental impact of its operations. The company’s headquarters in Sweden (SE) positions it within a region known for its progressive climate policies, which may influence future commitments and strategies. Overall, while specific reduction targets have not been outlined, Renewcell's emissions data reflects its ongoing efforts to monitor and manage its carbon footprint in alignment with industry standards.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 4,519,000 | 0,000,000 |
| Scope 2 | 1,688,000 | 0,000,000 |
| Scope 3 | 2,155,000 | 0,000,000 |
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.
Renewcell 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.
