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Tilray, Inc., a prominent player in the global cannabis industry, is headquartered in California and operates extensively across North America and Europe. Founded in 2013, Tilray has achieved significant milestones, including being one of the first companies to legally export medical cannabis from Canada to the United States. The company focuses on the production and distribution of medical and recreational cannabis products, offering a diverse range of unique strains and formulations that cater to various consumer needs. With a commitment to quality and innovation, Tilray has established itself as a leader in the sector, recognised for its rigorous research and development efforts. As the company prepares for its merger with Aphria Inc., Tilray's market position is strengthened by its extensive portfolio and dedication to advancing the cannabis industry.
How does Tilray, Inc. prior to merger with Aphria Inc.'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.
Mean score of companies in the Pharmaceutical Preparation 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.
Tilray, Inc. prior to merger with Aphria Inc.'s score of 25 is lower than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Tilray, Inc., headquartered in California, has not publicly disclosed specific carbon emissions data prior to its merger with Aphria Inc. As a result, there are no available figures regarding their absolute emissions in kg CO2e. The company does not currently have documented reduction targets or climate pledges, indicating a lack of formalised commitments to reduce greenhouse gas emissions. It is important to note that emissions data may be cascaded from Tilray Brands, Inc., which is the parent company following the merger. However, specific emissions figures or reduction initiatives from this source have not been provided. The absence of detailed emissions data and reduction commitments suggests that Tilray, Inc. may still be in the early stages of developing a comprehensive climate strategy. In the broader context of the industry, many companies are increasingly focusing on sustainability and carbon neutrality, often setting ambitious targets in line with the Science Based Targets initiative (SBTi) and other climate frameworks. As Tilray, Inc. integrates with Aphria Inc., it may benefit from shared resources and strategies to enhance its climate commitments moving forward.
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.
Tilray, Inc. prior to merger with Aphria Inc. 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.