Grindrod Ltd

Common Name
Grindrod
Country
South Africa
Sector
Industrials
Industry
Integrated Freight & Logistics
Employees
4,000
Ticker
GND
Exchange
JOHANNESBURG STOCK EXCHANGE
Description
Grindrod Limited is an integrated freight and logistics company founded in 1910 and headquartered in Durban, South Africa. The company’s core operations encompass port and terminal management, logisti...

Grindrod's Climate Target Data Preview

As of 2024, Grindrod has disclosed 4 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 3 absolute reduction targets and 1 intensity-based target 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 Grindrod ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total, Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2035
Absolute-based Target
Scope 1 - Total, Scope 2 - Total, Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
a
2040
Absolute-based Target
Scope 1 - Total, Scope 2 - Total, Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
a
2045
Intensity-based Target
Scope 1 - Total, Scope 2 - Total, Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per South African Rand (ZAR) of Revenue
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a
2025

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Insights into Grindrod's Greenhouse Gas Emissions Pathways

As of 2024, Grindrod has set greenhouse gas (GHG) emissions reduction targets that cover only its total carbon footprint, without separate targets for operational (Scope 1 and 2) or value chain (Scope 3) emissions. This limits the ability to track progress across distinct emissions categories. a

Does Grindrod have a target to reduce its total carbon footprint?

As of 2024, Grindrod has set a target to reduce its total carbon footprint, specifically those from Scope 1, Scope 2 and Scope 3 sources. a

Grindrod's most ambitious carbon footprint target is to reduce its scope 1, 2 and 3 emissions from a baseline of 44,443 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019, by 84% by 2045. a

Instead of reducing total carbon footprint, Grindrod has increased them, with 2024 levels exceeding those of the 2019 baseline, placing the company well behind its reduction target. a

Grindrod's Carbon Footprint (Scope 1+2+3) Emissions Pathway

20192024203520402045015 k30 k45 k60 kBaselineCurrent (+29%)Target 2035 (-52%)Target 2040 (-68%)Target 2045 (-84%)
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