Veracel
Veracel Celulose S.A., commonly referred to as Veracel, is a prominent player in the Brazilian pulp and paper industry, headquartered in the state of Bahia, Brazil. Founded in 1991, the company has established itself as a leader in sustainable forestry and cellulose production, primarily operating in the regions of Bahia and Minas Gerais. Specialising in the production of high-quality eucalyptus pulp, Veracel is renowned for its commitment to environmental stewardship and innovative practices. The company’s unique approach to sustainable forestry not only enhances its product quality but also contributes to biodiversity conservation. With a strong market position, Veracel has achieved significant milestones, including certifications for sustainable practices and a robust export portfolio. Its dedication to excellence and sustainability has solidified its reputation as a trusted supplier in the global market.
DitchCarbon Score
How does Veracel'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 Paper Products 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
Veracel's score of 16 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Veracel's reported carbon emissions
In 2023, Veracel reported total carbon emissions of approximately 261,005,020 kg CO2e. This figure includes 188,887,860 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources. Scope 2 emissions, related to the generation of purchased electricity, steam, heating, and cooling, accounted for about 972,310 kg CO2e. Additionally, Scope 3 emissions, which encompass all other indirect emissions, totalled approximately 71,144,850 kg CO2e. In 2022, Veracel's total emissions were about 194,012,610 kg CO2e, with Scope 1 emissions at 146,646,730 kg CO2e, Scope 2 emissions at 13,649,310 kg CO2e, and Scope 3 emissions at 33,716,570 kg CO2e. This indicates a significant increase in emissions from 2022 to 2023. Despite the increase in emissions, there are currently no publicly disclosed reduction targets or climate pledges from Veracel. The company has not specified any initiatives aimed at reducing its carbon footprint, which places it in a challenging position within the industry context of increasing climate commitments. Veracel's emissions intensity stands at approximately 110.0 tonnes CO2e per unit of production, reflecting the company's operational impact on climate change. As the company continues to navigate its environmental responsibilities, further transparency regarding its climate strategies and commitments will be essential.
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Add to project| 2023 | |
|---|---|
| Scope 1 | 188,887,860 |
| Scope 2 | 972,310 |
| Scope 3 | 71,144,850 |
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.
Veracel is not committed to any 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.
