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.
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.

There’s always room for improvement,

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✓ Comprehensive database of calculators, life cycle analysis, carbon footprints of companies

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✓ Company emission source URLs

✓ Supply level emission factors

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Our methodology

Read about our emission calculation methodologies, and what the DitchCarbon Score means.