Grace
Grace, officially known as Grace Technologies, is a leading provider of innovative solutions in the industrial automation sector, headquartered in the United States. Founded in 1997, the company has established a strong presence across North America and beyond, focusing on enhancing operational efficiency and safety in various industries. Specialising in advanced monitoring and control systems, Grace offers unique products such as their renowned GracePort® and GracePOD® solutions, which streamline equipment management and improve workplace safety. With a commitment to quality and innovation, Grace has achieved significant milestones, including numerous industry awards that underscore its market position as a trusted partner for businesses seeking to optimise their operations.
DitchCarbon Score
How does Grace'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 Chemicals 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
Grace's score of 36 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Grace's reported carbon emissions
In 2022, Grace reported total greenhouse gas emissions of approximately 604,159,370 kg CO2e for Scope 1, 119,047,910 kg CO2e for Scope 2 (market-based), and significant Scope 3 emissions, including 2,903,823,000 kg CO2e from the processing of sold products and 1,106,391,000 kg CO2e from purchased goods and services. This data highlights the company's substantial carbon footprint across various scopes. Grace has committed to a 22% reduction in global GHG emissions for Scope 1 and 2 by 2029, using 2019 as a baseline. This target has been endorsed by the Board of Directors, demonstrating a strong commitment to sustainability. Additionally, the company plans to divest from all direct and indirect investments in fossil fuels by 2030, further solidifying its climate commitments. In 2021, Grace achieved a notable reduction, with total greenhouse gas emissions reported at 346,500,000 kg CO2e, reflecting a 35.38% decrease compared to the previous year. This achievement underscores the effectiveness of their ongoing sustainability initiatives. Overall, Grace's emissions data and climate commitments indicate a proactive approach to reducing their carbon footprint and addressing climate change challenges.
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| 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|
| Scope 1 | 636,667,000 | 000,000,000 | - | 000,000,000 | 000,000,000 |
| Scope 2 | 2,760 | 000,000,000 | - | 0,000 | 000,000,000 |
| Scope 3 | - | - | 0,000,000,000 | - | 0,000,000,000 |
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.
Grace is not participating in any 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.
