Ditchcarbon
  • Customers
  1. Organizations
  2. Renewcell
Public Profile
Retail Trade Services
SE
updated 10 days ago

Renewcell

Company website

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.

37

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.

27

Industry Benchmark

Renewcell's score of 37 is higher than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.

63%

Let us know if this data was useful to you

Renewcell's reported carbon emissions

In 2017, Renewcell reported a significant carbon emissions reduction, achieving a net climate impact of approximately -2,000 kg CO2e per tonne of produced fibre, classified under Scope 2 emissions. This indicates that their production processes are designed to be carbon-negative, contributing positively to climate goals. Renewcell has set ambitious near-term targets through the Science Based Targets initiative (SBTi), committing to reduce absolute Scope 1 and Scope 2 greenhouse gas emissions by 38% by 2029, using 2022 as the base year. This commitment aligns with the necessary reductions to limit global warming to 1.5°C, demonstrating their dedication to climate action. The company is also focused on measuring and reducing its Scope 3 emissions, which encompass indirect emissions from the value chain, although specific targets for these emissions have not been disclosed yet. Overall, Renewcell's initiatives reflect a strong commitment to sustainability and climate responsibility within the textile industry.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Renewcell's primary industry is Retail trade services, except of motor vehicles and motorcycles; repair services of personal and household goods (52), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Renewcell is in SE, which has a very low grid carbon intensity relative to other regions.

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 participating in some 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Similar Organizations

Agraloop

NL
Updated 13 days ago

Saxcell B.v.

NL
Updated 13 days ago

Natural Fiber Welding, Inc.

US
•
Textiles (17)
Updated 13 days ago

JEPLAN, INC.

JP
•
Oil/hazardous waste for treatment: incineration
Updated 13 days ago

Ioniqa Technologies BV

NL
•
Chemicals nec
Updated 13 days ago

Carbios

FR
•
Other business services (74)
Updated 4 days ago

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

Ditchcarbon
v250807.8
enquiries@ditchcarbon.com+44 203 475 7875Ditch Carbon Ltd167-169 Great Portland StreetLondon W1W 5PF
Verified byUL Verified
Partnered withCDP
ProductPortalDataDocumentationIntegrationsChangelogPricing
SolutionsProcurement teamsSustainability teamsPlatform ownersCarbon accountants
ResourcesMethodologyBlogFAQOrganizationsIndustriesSBTI APITrust Centre
AboutTeamCareersLicense AgreementPrivacy