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 Type | Scope of Target | Unit | Target | Target Year |
---|---|---|---|---|
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. | 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. | 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. | 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 | Copy restricted. Please purchase to unlock this data. | 2025 |
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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
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