Energy Vault Holdings Inc
Energy Vault Holdings's Climate Target Data Preview
As of 2024, Energy Vault Holdings has disclosed 1 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Energy Vault Holdings ’s climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  a | 2030 |
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Verified Sources Behind Energy Vault Holdings’s Climate Targets Data
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Insights into Energy Vault Holdings's Greenhouse Gas Emissions Pathways
As of 2024, Energy Vault Holdings has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions. a
Does Energy Vault Holdings have a target to reduce the emissions from its operations?
As of 2024, Energy Vault Holdings has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a
Energy Vault Holdings's most ambitious operational target is to reduce these emissions by 42% by 2030, compared to a baseline of 83.6 Metric Tonnes of CO2 equivalent (mtCO2e) in 2022. a
Instead of reducing operational emissions, Energy Vault Holdings has increased them, with 2024 levels exceeding those of the 2022 baseline, placing the company well behind its reduction target. a