Carbios

Does the core business genuinely avoid or reduce emissions, or build climate resilience? Share of revenue that is actually 'green'. Fossil-dependent models score low.

Enzymatic depolymerization of PET into virgin-quality monomers is a structurally sound mitigation play — displacing fossil-based virgin PET production — and has been validated at demonstration scale since 2021, but industrial-scale climate impact remains undelivered pending the Longlaville plant reaching operation (now slated for H1 2028 at the earliest).

Credible, science-based targets (SBTi), a real net-zero plan with progress to date, and CDP disclosure — not just a dated press release.

No SBTi-validated near-term or net-zero targets were found in public records, and no CDP disclosure was identified; Carbios publishes voluntary sustainability reports but these are self-declared, not subject to regulatory obligation, and lack independently verified, science-based GHG reduction commitments.

Operational footprint, labour and social practices, and governance quality across the company's own operations and supply chain.

Carbios holds B Corp certification and ISO 9001 & 14001, earned an EthiFinance ESG score of 83/100, and has embedded sustainability KPIs into executive compensation and established a CSR committee; however, a January 2025 restructuring eliminated roughly 40% of staff, raising short-term social concerns, and the company remains pre-revenue at industrial scale.

Quality of disclosure, independent third-party verification, and how much hard data backs the company's claims.

Carbios voluntarily publishes annual sustainability reports structured around the EU NFRD framework and has disclosed GHG-related KPIs, but these reports are not subject to mandatory external assurance, no third-party-verified lifecycle assessment data for the commercial process has been publicly released, and no CDP questionnaire submission was found — limiting the quality and comparability of disclosures for investors.

Controversies, litigation, pollution, fossil-fuel lobbying, conflict-zone involvement and governance scandals. Higher means cleaner.

No material pollution incidents, fossil-fuel lobbying, litigation, or governance scandals were identified; the main integrity concerns are the repeated construction delays, a CEO departure and governance transition in late 2024/early 2025, and significant staff cuts — all disclosed promptly and without apparent concealment, but indicative of execution risk rather than misconduct.