Cresco Labs Inc.
Cresco Labs Inc., a leading player in the cannabis industry, is headquartered in the United States and operates across several key regions, including Illinois, Pennsylvania, and California. Founded in 2013, the company has rapidly established itself as a pioneer in the cultivation, manufacturing, and distribution of cannabis products, focusing on both medical and recreational markets. Cresco Labs is renowned for its diverse portfolio of high-quality cannabis brands, including Cresco, Reserve, and Mindy's Edibles, which are distinguished by their commitment to innovation and consumer experience. The company has achieved significant milestones, such as being one of the first to offer a comprehensive suite of products that cater to various consumer preferences. With a strong market position and a dedication to sustainability, Cresco Labs continues to set benchmarks in the evolving cannabis landscape.
DitchCarbon Score
How does Cresco Labs Inc.'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 Pharmaceutical Preparation Manufacturing 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
Cresco Labs Inc.'s score of 25 is lower than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Cresco Labs Inc.'s reported carbon emissions
Cresco Labs Inc. has not publicly disclosed specific carbon emissions data for the most recent year. However, the company has set ambitious climate commitments aimed at reducing its greenhouse gas emissions. Cresco Labs has established near-term targets to achieve a 42% reduction in absolute Scope 1 and Scope 2 emissions by the year 2030, using 2021 as the baseline year. These targets align with the Science Based Targets initiative (SBTi) and are designed to support global efforts to limit warming to 1.5°C. In addition to its Scope 1 and Scope 2 commitments, Cresco Labs is also focused on measuring and reducing its Scope 3 emissions, which encompass indirect emissions from its value chain. The company’s commitment reflects a proactive approach to climate action within the cannabis industry, demonstrating a recognition of the importance of sustainability and environmental responsibility.
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.
Cresco Labs Inc. is participating in some 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.
