GlobeNewswire
Sustainability Report and Carbon Intensity Rankings
Is GlobeNewswire doing their part?
Their DitchCarbon score is 25
GlobeNewswire has a DitchCarbon Score of 25 out of 100, indicating a lower performance in sustainability measures. This score suggests that the company has a relatively high carbon intensity compared to more sustainable peers. To improve its ranking, GlobeNewswire would need to implement strategies to reduce its carbon footprint and enhance its environmental efforts.
This was calculated based on 30+ company specific emissions data points, the higher the score, the better. Check out our methodology.
Industry emissions intensity
Very low
Low
Medium
High
Very high
GlobeNewswire is part of the paper products industry, which has a carbon intensity ranking of low. Some industries are more damaging than others, this ranking gives you an indication of how carbon intensive the industry is which this company operates in.
Location emissions intensity
Very low
Low
Medium
High
Very high
GlobeNewswire operates in the United States, which has a low carbon intensity rating, indicating a cleaner energy mix. This favorable rating suggests that the company’s operations are likely to have a lower carbon footprint, contributing positively to its sustainability efforts.
Unlock 30+ emissions data points on GlobeNewswire
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– Historical Scope 1, 2 and 3 emissions
– Coverage of all industries, product level data
– Emissions forecasting, assurances
Unlock 30+ emissions data points on GlobeNewswire
Get the emissions intelligence you need, no surveys required.
– Historical Scope 1, 2 and 3 emissions
– Coverage of all industries, product level data
– Emissions forecasting, assurances
15.73%
...this company is doing 15.73% worse in emissions than the industry average.
Founded in 1983 and headquartered in Lake Forest, GlobeNewswire is a prominent player in the paper products industry. Initially known as Marketwired and based in Toronto, Canada, the company specialized in newswire services and distributing company press releases. After its acquisition by Nasdaq in 2016, it became an integral part of GlobeNewswire, which is currently a subsidiary of Intrado Digital Media, offering global press release distribution and regulatory filing services.
Bad news, GlobeNewswire has not committed to SBTi goals yet.
GlobeNewswire has pledged to align its operations with the Science Based Targets initiative (SBTi) to significantly reduce greenhouse gas emissions. This commitment involves setting science-based emissions reduction targets consistent with keeping global warming below 2 degrees Celsius, demonstrating the company’s dedication to sustainable business practices and environmental responsibility.
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Our methodology
Read about our emission calculation methodologies, and what the DitchCarbon Score means.
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