Graanul Invest
Graanul Invest, a leading player in the renewable energy sector, is headquartered in Estonia (EE) and operates extensively across Europe. Founded in 2003, the company has established itself as a prominent producer of wood pellets, contributing significantly to sustainable energy solutions. Graanul Invest's core offerings include high-quality wood pellets and biomass products, which are distinguished by their exceptional efficiency and eco-friendliness. With a strong commitment to innovation and sustainability, Graanul Invest has achieved notable milestones, including becoming one of the largest wood pellet manufacturers in Europe. The company’s strategic focus on renewable resources positions it favourably in the growing green energy market, making it a key contributor to the transition towards a more sustainable future.
DitchCarbon Score
How does Graanul Invest'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 Wood Products Other Than Furniture 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
Graanul Invest's score of 27 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Graanul Invest's reported carbon emissions
In 2023, Graanul Invest reported total carbon emissions of approximately 89,702,000 kg CO2e, with emissions distributed across various scopes. The breakdown includes Scope 1 emissions of about 36,000,000 kg CO2e, comprising mobile combustion (20,076,000 kg CO2e), stationary combustion (16,308,000 kg CO2e), and fugitive emissions (270,000 kg CO2e). Scope 2 emissions from purchased electricity accounted for approximately 89,702,000 kg CO2e. Additionally, Scope 3 emissions were recorded at about 954,000 kg CO2e, primarily from employee commuting (629,000 kg CO2e) and business travel (315,000 kg CO2e). In 2022, Graanul Invest's total emissions were approximately 83,000,000 kg CO2e, with Scope 1 emissions at about 42,000,000 kg CO2e and Scope 2 emissions at approximately 82,926,000 kg CO2e. Notably, Scope 3 emissions included significant contributions from the use of sold products, amounting to about 67,587,000 kg CO2e. Despite the detailed emissions reporting, Graanul Invest has not established specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to the Science Based Targets initiative (SBTi). The company has not disclosed any climate pledges or significant reduction initiatives, suggesting a need for enhanced climate action strategies within its operational framework. Overall, Graanul Invest's emissions data reflects a substantial carbon footprint, highlighting the importance of developing and implementing effective climate commitments to mitigate environmental impact.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 41,290,000 | 00,000,000 |
| Scope 2 | 82,926,000 | 00,000,000 |
| Scope 3 | 67,587,000 | 000,000 |
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.
Graanul Invest 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.
