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.
-6 vs industry average
Renewcell’s score of 29 is higher than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Retail Trade Services has below-average carbon intensity
Industry performance
The Retail Trade Services industry has reduced its overall emissions by 42% since 2019
Emissions trajectory 2020 – 2025
Reported emissions
Scope 3 accounts for ••• of total emissions.
Renewcell's reported carbon emissions
In 2022, Renewcell reported total carbon emissions of approximately 63.3 million kg CO2e, with emissions primarily from Scope 3, which accounted for about 63.3 million kg CO2e, and Scope 2 emissions at approximately 186,000 kg CO2e. Notably, there were no reported Scope 1 emissions. Renewcell has set ambitious climate commitments, aiming to reduce its Scope 2 emissions by 30% from a 2020 baseline by 2030. This target reflects the company's commitment to enhancing its sustainability practices and reducing its carbon footprint. Additionally, Renewcell has established a similar target for Scope 1 emissions, also aiming for a 30% reduction by 2030 from the same baseline year. These initiatives underscore Renewcell's dedication to addressing climate change and aligning with industry standards for emissions reduction. The company is actively working towards these goals to contribute to a more sustainable future.
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Renewcell’s Climate Goals (2030 & 2050)
2 goals2030
30% reduction in Scope 2
We aim to reduce our Scope 2 emissions by 30% from a 2020 baseline by 2030.
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
1 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Renewcell
Frequently asked questions
Common questions about Renewcell’s sustainability data and climate commitments
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