In 2023, Grendene completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
Grendene has also provided a category-level breakdown for 5 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020-2019 |
|---|---|---|---|---|
Total Scope 1 | 2,399.06a | 2,332.73a | 1,417.56a | |
Total Scope 2 | ||||
Location-Based | 3,827.8a | 4,274.62a | 13,002.81a | |
Total Scope 3 | 22,541.83a | 38,998.74a | 42,811.98a | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 4.7813a | 5.2756a | 3.3707a |
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In 2023, the total operational greenhouse gas (GHG) emissions of Grendene amounted to 6,226.86 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a
Compared to 2022, the total operational greenhouse gas (GHG) emissions of Grendene decreased by 5.76%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2023, the total Scope 1 emissions of Grendene were 2,399.06 metric tons of CO₂ equivalent (tCO₂e).a
Since 2020, Grendene's Scope 1 emissions have increased by 66.58%, reflecting a rising long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2022), Grendene's Scope 1 emissions increased by 2.84%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2023, Grendene reported Scope 2 greenhouse gas (GHG) emissions of 3,827.8 tCO₂e using the location-based method.a
Since 2020, Grendene's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 31.74%, reflecting a declining long-term trend in Scope 2 emissions over time.ab
Compared to the previous year (2022), Grendene's Scope 2 emissions (Location-Based) fell by 10.45% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a
In 2023, Grendene reported its Scope 2 emissions using the location-based method.a
In 2023, Grendene reported 22,541.83 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2023 disclosure of Grendene includes a breakdown across 3 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
In 2023, Grendene reported total Scope 3 emissions of 22,541.83 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2020, Grendene's Scope 3 emissions have decreased by 31.39%, reflecting a declining long-term trend in Scope 3 emissions over time.ab
Compared to the previous year (2022), Grendene's Scope 3 emissions decreased by 42.2%, highlighting the company's efforts to lower indirect emissions from its value chain.a
In 2023, Grendene reported emissions for 3 out of the 15 Scope 3 categories defined by the GHG Protocol.a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
In 2023, the largest contributors to Grendene's Scope 3 emissions were:a
In 2023, Grendene reported Scope 1 greenhouse gas (GHG) emissions of 2,399.06 tCO₂e and total revenues of USD 502 millions. This translates into an emissions intensity of 4.78 tCO₂e per millions USD.a
In 2023, Grendene reported a Scope 1 emissions intensity of 4.78 tCO₂e per millions USD. Compared to the peer group median of 1.4, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2023, Grendene ranked 14 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Grendene is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2023, Grendene reported a total carbon footprint of 28,768.69 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 36.92% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Grendene's total carbon footprint was Scope 3 emissions, accounting for 78.36% of the company's total carbon footprint, followed by Scope 2 emissions at 13.31%.a