Encavis AG

Common Name
Encavis
Country
Germany
Sector
Utilities
Industry
Utilities - Renewable
Employees
N/A
Ticker
ECV
Exchange
HANSEATISCHE WERTPAPIERBOERSE HAMBURG
Description
Encavis AG is a prominent player in the renewable energy sector, primarily focusing on solar and wind power generation. As an independent power producer, Encavis AG is committed to sustainable energy ...

Encavis's GHG Emissions Data Preview

In 2023, Encavis 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).

Encavis has also provided a category-level breakdown for 8 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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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Encavis's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Encavis amounted to 3,443 metric 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).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Encavis increased by 721.72%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Encavis's Scope 1 Emissions Over Time

2021202220230200400600800tCO2e+472%+174%
  • Total Scope 1
  • Year-over-Year Change

What are Encavis's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Encavis were 611 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Encavis reduced its Scope 1 emissions over time?

Since 2021, Encavis's Scope 1 emissions have increased by 1,466.67%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Encavis's Scope 1 emissions increased by 173.99%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are Encavis's Scope 2 emissions?

In 2023, Encavis reported Scope 2 greenhouse gas (GHG) emissions of 540 tCOâ‚‚e using the market-based method and 2,832 tCOâ‚‚e using the location-based method.

What methodology does Encavis use for Scope 2 reporting?

In 2023, Encavis reported its Scope 2 emissions using the market-based method and using the location-based method.

Encavis's Scope 2 Emissions Over Time

20212022202308501.7 k2.55 k3.4 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Encavis's Value Chain Emissions

In 2023, Encavis reported 285,069 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of Encavis includes a breakdown across 8 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.

Encavis's Scope 3 Emissions Over Time

2021202220230150 k300 k450 k600 ktCO2e-31%-13%
  • Total Scope 3
  • Year-over-Year Change

What are Encavis's Scope 3 emissions?

In 2023, Encavis reported total Scope 3 emissions of 285,069 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 64.84% of these emissions originated from upstream activities such as purchased goods and capital goods, while 35.16% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Encavis reduced its Scope 3 emissions over time?

Since 2021, Encavis's Scope 3 emissions have decreased by 39.55%, reflecting a declining long-term trend in Scope 3 emissions over time.

Compared to the previous year (2022), Encavis's Scope 3 emissions decreased by 12.56%, highlighting the company's efforts to lower indirect emissions from its value chain.

What categories of Scope 3 emissions does Encavis disclose?

In 2023, Encavis reported emissions for 8 out of the 15 Scope 3 categories defined by the GHG Protocol.

This partial disclosure allows for some insight into the company's indirect impacts.

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

In 2023, the largest contributors to Encavis's Scope 3 emissions were:

  • Capital Goods (Cat. 2): 182,132 tCOâ‚‚e (63.89%)
  • Investments (Cat. 15): 100,235 tCOâ‚‚e (35.16%)
  • Waste Generated in Operations (Cat. 5): 1,026 tCOâ‚‚e (0.36%)

Encavis's Scope 3 Emissions by Categories

Capital Goods(Cat. 2)(63.9%)Investments(Cat. 15)(35.2%)

Insights into Encavis's Total Carbon Footprint

In 2023, Encavis reported a total carbon footprint of 288,512 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 11.62% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to Encavis's total carbon footprint was Scope 3 emissions, accounting for 98.81% of the company's total carbon footprint, followed by Scope 2 emissions at 0.98%.

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