Spinnova Oyj Sustainability Profile
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 13 is lower than 67% 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 2023, Spinnova Oyj reported emissions related to its production processes, specifically from the production of Spinnova fibre from eucalyptus pulp, amounting to approximately 3,500 kg CO2e per tonne produced. This figure is consistent with the emissions reported in 2022, indicating a stable production footprint in terms of carbon emissions. Currently, Spinnova Oyj has not disclosed specific data for Scope 1, Scope 2, or Scope 3 emissions, nor have they set formal reduction targets or commitments under the Science Based Targets initiative (SBTi). The absence of detailed emissions data and reduction initiatives suggests that the company may still be in the early stages of formalising its climate commitments. As a company headquartered in Finland, Spinnova Oyj operates within the textile industry, which is increasingly scrutinised for its environmental impact. The firm’s focus on sustainable production methods aligns with broader industry trends towards reducing carbon footprints and enhancing sustainability practices. However, without specific targets or commitments, it remains to be seen how Spinnova will address its climate impact moving forward.
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Spinnova Oyj'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.
Spinnova Oyj 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.
