Grace
Grace, officially known as Grace Technologies, is a leading provider of innovative solutions in the industrial automation sector, headquartered in the United States. Founded in 1997, the company has established a strong presence across North America and beyond, focusing on enhancing operational efficiency and safety in various industries. Specialising in advanced monitoring and control systems, Grace offers unique products such as their renowned GracePort® and GracePOD® solutions, which streamline equipment management and improve workplace safety. With a commitment to quality and innovation, Grace has achieved significant milestones, including numerous industry awards that underscore its market position as a trusted partner for businesses seeking to optimise their operations.
DitchCarbon Score
How does Grace'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
Grace's score of 36 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Grace's reported carbon emissions
In 2022, Grace reported total greenhouse gas emissions of approximately 604,159,370 kg CO2e for Scope 1, 119,047,910 kg CO2e for Scope 2 (market-based), and significant Scope 3 emissions, including 2,903,823,000 kg CO2e from the processing of sold products and 1,106,391,000 kg CO2e from purchased goods and services. This marked a notable reduction of about 35.38% in total emissions compared to the previous year. Grace has committed to a 22% reduction in global GHG emissions for Scope 1 and 2 by 2029, using a 2019 baseline. This target has been endorsed by the Board of Directors and reflects the company's commitment to sustainability. Additionally, Grace plans to divest from all direct and indirect investments in fossil fuels by 2030, further demonstrating its dedication to climate action. For 2023, Grace reported a direct emissions intensity of about 1,490 kg CO2e per tonne of sales product, although specific total emissions data for this year is not disclosed. The company continues to focus on reducing its carbon footprint across all scopes, aligning with industry standards for climate commitments.
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| 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|
| Scope 1 | 636,667,000 | 000,000,000 | - | 000,000,000 | 000,000,000 |
| Scope 2 | 2,760 | 000,000,000 | - | 0,000 | 000,000,000 |
| Scope 3 | - | - | 0,000,000,000 | - | 0,000,000,000 |
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.
Grace 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.
