Verano Holdings Corp.
Verano Holdings Corp., a prominent player in the cannabis industry, is headquartered in the United States and operates across several key regions, including Illinois, Florida, and Nevada. Founded in 2017, Verano has rapidly established itself as a leader in the cultivation, manufacturing, and retail of high-quality cannabis products. The company is renowned for its diverse portfolio, which includes premium flower, concentrates, and edibles, all crafted with a commitment to quality and innovation. Verano's unique approach to product development and customer experience has garnered significant market recognition, positioning it as a trusted brand among consumers. With a focus on sustainability and community engagement, Verano Holdings Corp. continues to set benchmarks in the evolving cannabis landscape.
DitchCarbon Score
How does Verano Holdings Corp.'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 Chemicals 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
Verano Holdings Corp.'s score of 13 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Verano Holdings Corp.'s reported carbon emissions
In 2024, Verano Holdings Corp. reported significant carbon emissions, totalling approximately 15,000,000,000 kg CO2e across all scopes. This includes about 974,000,000 kg CO2e from Scope 1 emissions, 117,000,000 kg CO2e from Scope 2 (market-based), and a substantial 14,815,000,000 kg CO2e from Scope 3 emissions. The breakdown of Scope 3 emissions reveals major contributions from purchased goods and services (approximately 10,188,000,000 kg CO2e) and upstream transportation and distribution (around 1,720,000,000 kg CO2e). Despite the high emissions figures, Verano Holdings Corp. has not publicly disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of documented reduction strategies suggests a need for enhanced climate commitments within the industry context. As a company headquartered in the US, Verano Holdings is positioned to align with broader climate goals and industry standards, potentially enhancing their sustainability practices in the future.
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.
Verano Holdings Corp. 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.
