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Grigeo Group AB

Common Name
Grigeo Group
Country
Lithuania
Sector
Basic Materials
Industry
Paper & Paper Products
Employees
1,107
Ticker
GRG1L
Exchange
Nasdaq Vilnius
Description
Grigeo AB operates as a leading paper and wood product manufacturer based in Lithuania. Specializing in the production of hygiene paper, packaging materials, and absorbent paper products, Grigeo AB se...

Grigeo Group's Climate Target Data Preview

As of 2025, Grigeo Group has disclosed 1 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 intensity-based target, signaling the company's commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Grigeo Group's climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Intensity-based Target*
Scope 1 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Unspecified Product Produced/Manufactured
-5%a
2026
*. This target is limited in scope and does not represent the company's full operational or organizational boundaries
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Verified Sources Behind Grigeo Group’s Climate Targets Data

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a. Grigeo Group's Consolidated Management Report 2025

Insights into Grigeo Group's Greenhouse Gas Emissions Pathways

As of 2025, Grigeo Group has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions.a

Does Grigeo Group have a target to reduce the emissions from its operations?

As of 2025, Grigeo Group has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.a

Grigeo Group's most ambitious operational target is to reduce these emissions by 5% by 2026, compared to a baseline of 0.114 Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Unspecified Product Produced/Manufactured in 2021.a

Instead of reducing operational emissions, Grigeo Group has increased them, with 2025 levels exceeding those of the 2021 baseline, placing the company well behind its reduction target.a

Grigeo Group's Operational (Scope 1+2) Emissions Pathway

20212025202600.030.060.090.12Current (+1%)
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