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Elecnor SA

Common Name
Elecnor
Country
Spain
Sector
Industrials
Industry
Engineering & Construction
Employees
20,583
Ticker
ENO
Exchange
BOLSA DE MADRID
Description
Elecnor S.A. is a highly regarded Spanish engineering and infrastructure asset, primarily known for its role in developing and managing complex projects across various sectors. With an extensive portf...

Elecnor's GHG Emissions Data Preview

In 2024, Elecnor completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Elecnor has also provided a category-level breakdown for 10 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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a
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0000000
Total Scope 2
Market-Based
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a
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a
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0000000
Location-Based
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a
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a
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0000000
Total Scope 3
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a
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a
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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0000000
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Verified Sources Behind Elecnor’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Elecnor’s data sources below and access millions more through our Disclosure Search.

a. Elecnor's Annual Report 2024
a. Elecnor's Annual Report 2024

Insights into Elecnor's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofElecnor amounted to101,104.13metric tons of CO2 equivalent.This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Elecnorincreased by 18.15%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

Elecnor's Scope 1 Emissions Over Time

20232024025 k50 k75 k100 ktCO2e+20%
  • Total Scope 1
  • Year-over-Year Change

What are Elecnor's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Elecnor were 98,972.42 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Compared to the previous year(2023), Elecnor's Scope 1 emissions increased by 20.23%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are Elecnor's Scope 2 emissions?

In 2024, Elecnor reported Scope 2 greenhouse gas (GHG) emissions of 1,403.98 tCOâ‚‚e using the market-based method and 2,131.71 tCOâ‚‚e using the location-based method.a

Has Elecnor reduced its Scope 2 emissions over time?

Compared to the previous year(2023), Elecnor's Scope 2 emissions(Location-Based) fell by 34.43% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a

What methodology does Elecnor use for Scope 2 reporting?

In 2024, Elecnor reported its Scope 2 emissions using the market-based method and using the location-based method.a

Elecnor's Scope 2 Emissions Over Time

2023202408501.7 k2.55 k3.4 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Elecnor's Value Chain Emissions

In 2024, Elecnor reported 476,952.65 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2024 disclosure of Elecnor includes a breakdown across 10of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

Elecnor's Scope 3 Emissions Over Time

202320240200 k400 k600 k800 ktCO2e-37%
  • Total Scope 3
  • Year-over-Year Change

What are Elecnor's Scope 3 emissions?

In 2024, Elecnor reported total Scope 3 emissions of 476,952.65 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 96.44%of these emissions originated from upstream activities such as purchased goods and capital goods, while 3.56%came from downstream activities like product use, distribution, and end-of-life treatment.a

Compared to the previous year (2023), Elecnor's Scope 3 emissions decreased by 37.29%, highlighting the company's efforts to lower indirect emissions from its value chain.a

What categories of Scope 3 emissions does Elecnor disclose?

In 2024, Elecnor reported emissions for 10 out of the 15 Scope 3 categories defined by the GHG Protocol.a

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of Elecnor's Scope 3 emissions?

In 2024, the largest contributors to Elecnor's Scope 3 emissions were:a

  • Purchased Goods and Services (Cat. 1): 342,410.63 tCOâ‚‚e(71.79%)
  • Capital Goods (Cat. 2): 46,523.81 tCOâ‚‚e(9.75%)
  • Fuel- and Energy-Related Services (Cat. 3): 24,877.64 tCOâ‚‚e(5.22%)

Elecnor's Scope 3 Emissions by Categories

Fuel- andEnergy-RelatedServices (Cat. 3)(5.2%)Purchased Goods andServices (Cat. 1)(71.8%)Capital Goods(Cat. 2)(9.8%)

Insights into Elecnor’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Elecnor reported Scope 1 greenhouse gas (GHG) emissions of 98,972.42 tCOâ‚‚e and total revenues of USD 3,965 millions. This translates into an emissions intensity of 24.96 tCOâ‚‚e per millions USD.a

Elecnor's Scope 1 Emissions Intensity Compared to Peers

1001,00020,000200,0005,000,000Scope 1 Emissions (tCO2e)2001,0005,00020,000100,000Revenues (Millions of USD)SSSYITYear: 2024Scope 1: 18,300 tCO2eRevenue: $M 1,894Scope 1 Intensity: 9.66 tCO2e/$MTecnicas ReunidasYear: 2024Scope 1: 19,790 tCO2eRevenue: $M 4,632Scope 1 Intensity: 4.27 tCO2e/$MTokyu ConstructionYear: 2024Scope 1: 31,042 tCO2eRevenue: $M 1,886Scope 1 Intensity: 16.46 tCO2e/$MPenta-Ocean ConstructionYear: 2024Scope 1: 253,000 tCO2eRevenue: $M 4,079Scope 1 Intensity: 62.03 tCO2e/$MAfryYear: 2024Scope 1: 340 tCO2eRevenue: $M 2,464Scope 1 Intensity: 0.14 tCO2e/$MSamsung E&AYear: 2024Scope 1: 29,609 tCO2eRevenue: $M 6,792Scope 1 Intensity: 4.36 tCO2e/$MACSYear: 2024Scope 1: 327,087 tCO2eRevenue: $M 43,324Scope 1 Intensity: 7.55 tCO2e/$MDowner EDIYear: 2024Scope 1: 296,532 tCO2eRevenue: $M 7,316Scope 1 Intensity: 40.53 tCO2e/$MAccionaYear: 2024Scope 1: 187,920 tCO2eRevenue: $M 19,969Scope 1 Intensity: 9.41 tCO2e/$MSSSinopec Engineering GroupYear: 2024Scope 1: 59,749 tCO2eRevenue: $M 9,576Scope 1 Intensity: 6.24 tCO2e/$MObrascon Huarte LainYear: 2024Scope 1: 159,547 tCO2eRevenue: $M 3,800Scope 1 Intensity: 41.98 tCO2e/$MGrenergy RenovablesYear: 2024Scope 1: 675 tCO2eRevenue: $M 553Scope 1 Intensity: 1.22 tCO2e/$MArcadisYear: 2024Scope 1: 8,690 tCO2eRevenue: $M 5,198Scope 1 Intensity: 1.67 tCO2e/$MBravida HoldingYear: 2024Scope 1: 15,876 tCO2eRevenue: $M 2,691Scope 1 Intensity: 5.90 tCO2e/$MSSShenzhen Sed IndustryYear: 2024Scope 1: 294,555 tCO2eRevenue: $M 9,234Scope 1 Intensity: 31.90 tCO2e/$MDEME GroupYear: 2024Scope 1: 967,404 tCO2eRevenue: $M 4,268Scope 1 Intensity: 226.68 tCO2e/$MKoninklijke BAM GroepYear: 2024Scope 1: 41,000 tCO2eRevenue: $M 6,717Scope 1 Intensity: 6.10 tCO2e/$MInfroneer HoldingsYear: 2024Scope 1: 183,045 tCO2eRevenue: $M 5,238Scope 1 Intensity: 34.94 tCO2e/$MSSShanghai Tunnel EngineeringYear: 2024Scope 1: 28,954 tCO2eRevenue: $M 9,429Scope 1 Intensity: 3.07 tCO2e/$MSacyrYear: 2024Scope 1: 150,736 tCO2eRevenue: $M 4,757Scope 1 Intensity: 31.69 tCO2e/$MAmerican Eagle OutfittersYear: 2024Scope 1: 9,302 tCO2eRevenue: $M 5,329Scope 1 Intensity: 1.75 tCO2e/$MGrupo Empresarial San JoseYear: 2024Scope 1: 20,091 tCO2eRevenue: $M 1,621Scope 1 Intensity: 12.39 tCO2e/$MRatosYear: 2024Scope 1: 14,848 tCO2eRevenue: $M 2,915Scope 1 Intensity: 5.09 tCO2e/$MMorgan Sindall GroupYear: 2024Scope 1: 8,056 tCO2eRevenue: $M 5,705Scope 1 Intensity: 1.41 tCO2e/$MBalfour BeattyYear: 2024Scope 1: 130,878 tCO2eRevenue: $M 10,333Scope 1 Intensity: 12.67 tCO2e/$MElecnorYear: 2024Scope 1: 98,972 tCO2eRevenue: $M 3,965Scope 1 Intensity: 24.96 tCO2e/$M

How does Elecnor's GHG emissions intensity compare to its peers?

In 2024, Elecnor reported a Scope 1 emissions intensity of 24.96 tCOâ‚‚e per millions USD. Compared to the peer group median of 7.55, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does Elecnor rank on GHG emissions intensity within its industry?

In 2024, Elecnor ranked 19 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

Elecnor is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

Insights into Elecnor's Total Carbon Footprint

In 2024, Elecnor reported a total carbon footprint of 578,056.78 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 31.69% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a

The largest contributor to Elecnor's total carbon footprint was Scope 3 emissions, accounting for 82.51% of the company's total carbon footprint, followed by Scope 1 emissions at 17.12%.a

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