Spinnova Oyj
Spinnova Oyj, a pioneering Finnish company headquartered in Finland, is at the forefront of sustainable textile innovation. Founded in 2014, Spinnova has developed a unique, eco-friendly fibre production process that transforms cellulose into high-quality textile fibres without harmful chemicals. This innovative approach positions Spinnova as a leader in the sustainable fashion industry, appealing to environmentally conscious brands and consumers alike. With a strong operational presence in Europe and beyond, Spinnova's core products include its biodegradable and recyclable fibres, which stand out for their minimal environmental impact. The company has achieved significant milestones, including partnerships with major fashion brands, solidifying its market position as a key player in the shift towards sustainable textiles. Spinnova Oyj continues to drive change in the textile industry, championing a circular economy and setting new standards for sustainability.
DitchCarbon Score
How does Spinnova Oyj'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 Textile 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
Spinnova Oyj's score of 19 is lower 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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Spinnova Oyj's reported carbon emissions
In 2021, Spinnova Oyj reported total carbon emissions of approximately 65,642,000 kg CO2e. This figure includes Scope 1 emissions of about 184,000 kg CO2e, Scope 2 emissions of approximately 304,000 kg CO2e (market-based), and a significant Scope 3 contribution of around 65,154,000 kg CO2e. The Scope 3 emissions are primarily driven by the use of sold products (about 25,410,060 kg CO2e) and purchased goods and services (approximately 30,817,840 kg CO2e). Spinnova has set ambitious climate commitments, aiming for its forest industry mills in Finland to be nearly fossil fuel-free by 2035, with a long-term goal of becoming carbon negative thereafter. This commitment applies to both Scope 1 and Scope 2 emissions, reflecting a proactive approach to reducing their carbon footprint. The company has not disclosed specific Science-Based Targets Initiative (SBTi) targets, but their initiatives indicate a strong alignment with industry standards for climate action. As of now, there is no cascaded emissions data from a parent or related organization, ensuring that all reported figures are directly from Spinnova Oyj.
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| 2020 | 2021 | |
|---|---|---|
| Scope 1 | - | 000,000 |
| Scope 2 | - | 000,000 |
| Scope 3 | - | 00,000,000 |
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.
Spinnova Oyj 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.
