Thrace
Thrace, officially known as Thrace Group, is a leading player in the textile and packaging industry, headquartered in Greece (GR). Established in 1977, the company has expanded its operations across Europe, the Middle East, and North Africa, solidifying its presence in key markets. Thrace Group is renowned for its innovative solutions in non-woven fabrics, technical textiles, and packaging products, catering to diverse sectors such as agriculture, construction, and hygiene. With a commitment to sustainability and quality, Thrace Group has achieved significant milestones, including numerous certifications that underscore its market position. The company’s unique offerings, such as eco-friendly packaging and advanced textile solutions, set it apart from competitors. Thrace Group continues to thrive, driven by a focus on innovation and customer satisfaction, making it a trusted name in the industry.
DitchCarbon Score
How does Thrace'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 Furniture 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
Thrace's score of 20 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Thrace's reported carbon emissions
In 2023, Thrace reported total carbon emissions of approximately 227,720,000 kg CO2e, with emissions distributed across various scopes: 5,673,000 kg CO2e from Scope 1, 67,184,000 kg CO2e from Scope 2 (market-based), and the remainder from Scope 3. This represents a slight decrease from 2022, where total emissions were about 235,887,000 kg CO2e. Over the years, Thrace has demonstrated a commitment to reducing its carbon footprint. In 2021, total emissions were approximately 363,903,000 kg CO2e, which decreased to about 352,513,000 kg CO2e in 2022. The company has set a long-term target to achieve net-zero emissions by 2050, encompassing all scopes of emissions. This commitment was formalised in 2023, aligning with the Science Based Targets initiative (SBTi). Thrace's emissions profile indicates a significant reliance on Scope 3 emissions, which accounted for the majority of their total emissions in recent years. The company is actively working towards reducing its impact through various initiatives, although specific reduction targets have not been detailed. The ongoing efforts reflect Thrace's dedication to sustainability within the chemicals sector, based in Greece.
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Add to project| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 5,169,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 57,577,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 245,516,000 | 000,000,000 | 000,000,000 | 000,000,000 |
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.
Thrace is committed to some 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.
