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Public Profile
Wood Products Other Than Furniture
EE
updated a month ago

Graanul Invest

Company website

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.

14

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.

21

Industry Benchmark

Graanul Invest's score of 14 is lower than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.

11%

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Graanul Invest's reported carbon emissions

In 2023, Graanul Invest reported total carbon emissions of approximately 287,743,000 kg CO2e, with Scope 1 emissions from mobile combustion accounting for about 20,076,000 kg CO2e. This marks an increase from 2022, when total emissions were approximately 205,805,000 kg CO2e, with Scope 1 emissions at about 26,837,000 kg CO2e. Graanul Invest has not disclosed any Scope 2 or Scope 3 emissions data, nor have they set specific reduction targets or initiatives under the Science Based Targets initiative (SBTi). The company has not reported any climate pledges or commitments to reduce emissions. The emissions data is not cascaded from any parent organization, indicating that Graanul Invest operates independently in its reporting. The company continues to focus on sustainability, as evidenced by their carbon intensity metrics for electricity and transportation, which are approximately 0.00703 gCO2e/MJ and 0.00252 gCO2e/MJ respectively for 2023. Overall, while Graanul Invest has made strides in emissions reporting, further commitments and reduction strategies would enhance their climate action profile.

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20222023
Scope 1
26,837,000
00,000,000
Scope 2
-
-
Scope 3
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Graanul Invest's primary industry is Wood and products of wood and cork (except furniture); articles of straw and plaiting materials (20), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Graanul Invest is in EE, which has a very high grid carbon intensity relative to other regions.

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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