Grenergy Renovables SA

Common Name
Grenergy Renovables
Country
Spain
Sector
Industrials
Industry
Engineering & Construction
Employees
625
Ticker
GRE
Exchange
BOLSA DE MADRID
Description
Grenergy Renovables S.A. is a leading energy asset specializing in the development and management of renewable energy projects. Its primary focus is the generation and distribution of clean energy via...

Grenergy Renovables's GHG Emissions Data Preview

In 2024, Grenergy Renovables 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).

Grenergy Renovables has also provided a category-level breakdown for 5 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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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Grenergy Renovables’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 Grenergy Renovables’s data sources below and access millions more through our Disclosure Search.

a. Grenergy Renovables's Sustainability Report 2024
a. Grenergy Renovables's Sustainability Report 2024

Insights into Grenergy Renovables's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Grenergy Renovables amounted to 1,749.5 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). a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Grenergy Renovables increased by 54.56%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Grenergy Renovables's Scope 1 Emissions Over Time

2021202320240200400600800tCO2e+11%+50%
  • Total Scope 1
  • Year-over-Year Change

What are Grenergy Renovables's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Grenergy Renovables were 674.5 metric tons of CO₂ equivalent (tCO₂e). a

Has Grenergy Renovables reduced its Scope 1 emissions over time?

Since 2021, Grenergy Renovables's Scope 1 emissions have increased by 67.37%, reflecting a rising long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2023), Grenergy Renovables's Scope 1 emissions increased by 50.26%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are Grenergy Renovables's Scope 2 emissions?

In 2024, Grenergy Renovables reported Scope 2 greenhouse gas (GHG) emissions of 91 tCO₂e using the market-based method and 1,075 tCO₂e using the location-based method. a

Has Grenergy Renovables reduced its Scope 2 emissions over time?

Compared to the previous year (2023), Grenergy Renovables's Scope 2 emissions (Location-Based) rose by 57.38% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a

What methodology does Grenergy Renovables use for Scope 2 reporting?

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

Grenergy Renovables's Scope 2 Emissions Over Time

20212023202403006009001.2 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Grenergy Renovables's Value Chain Emissions

In 2024, Grenergy Renovables reported 275,421 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2024 disclosure of Grenergy Renovables includes a breakdown across 5 of the 15 Scope 3 categories defined by the GHG Protocol, up from 4 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chain a

Grenergy Renovables's Scope 3 Emissions Over Time

20232024070 k140 k210 k280 ktCO2e+21%
  • Total Scope 3
  • Year-over-Year Change

What are Grenergy Renovables's Scope 3 emissions?

In 2024, Grenergy Renovables reported total Scope 3 emissions of 275,421 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment. a

Compared to the previous year (2023), Grenergy Renovables's Scope 3 emissions increased by 20.68%, suggesting that the company faced challenges in reducing emissions across its value chain. a

What categories of Scope 3 emissions does Grenergy Renovables disclose?

In 2024, Grenergy Renovables reported emissions for 5 out of the 15 Scope 3 categories defined by the GHG Protocol. a

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

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

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

  • Purchased Goods and Services (Cat. 1): 272,567.1 tCO₂e (98.96%)
  • Upstream Transportation and Distribution (Cat. 4): 1,150 tCO₂e (0.42%)
  • Business Travel (Cat. 6): 1,057.1 tCO₂e (0.38%)

Grenergy Renovables's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(99.0%)

Insights into Grenergy Renovables’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Grenergy Renovables reported Scope 1 greenhouse gas (GHG) emissions of 674.5 tCO₂e and total revenues of USD 553 millions. This translates into an emissions intensity of 1.22 tCO₂e per millions USD. a

Grenergy Renovables's Scope 1 Emissions Intensity Compared to Peers

501,00020,0001,000,00020,000,000Scope 1 Emissions (tCO2e)505002,00020,000100,000Revenues (Millions of USD)CMNordisk BergteknikYear: 2024Scope 1: 22,498 tCO2eRevenue: $M 300Scope 1 Intensity: 75.01 tCO2e/$MPembangunan Perumahan (Persero)Year: 2023Scope 1: 2,400 tCO2eRevenue: $M 1,296Scope 1 Intensity: 1.85 tCO2e/$MConstiYear: 2024Scope 1: 2,038 tCO2eRevenue: $M 340Scope 1 Intensity: 6.00 tCO2e/$MTecnicas ReunidasYear: 2024Scope 1: 19,790 tCO2eRevenue: $M 4,632Scope 1 Intensity: 4.27 tCO2e/$MMulticonsultYear: 2024Scope 1: 589 tCO2eRevenue: $M 560Scope 1 Intensity: 1.05 tCO2e/$MBES EngineeringYear: 2023Scope 1: 1,251 tCO2eRevenue: $M 618Scope 1 Intensity: 2.02 tCO2e/$MRai WayYear: 2023Scope 1: 1,624 tCO2eRevenue: $M 301Scope 1 Intensity: 5.39 tCO2e/$MTaiwan CogenerationYear: 2023Scope 1: 4,633,614 tCO2eRevenue: $M 174Scope 1 Intensity: 26,577.12 tCO2e/$MACSYear: 2024Scope 1: 327,087 tCO2eRevenue: $M 43,324Scope 1 Intensity: 7.55 tCO2e/$MGS Engineering & ConstructionYear: 2023Scope 1: 51,720 tCO2eRevenue: $M 10,515Scope 1 Intensity: 4.92 tCO2e/$MCCCentral New Energy Holding GroupYear: 2023Scope 1: 149 tCO2eRevenue: $M 516Scope 1 Intensity: 0.29 tCO2e/$MJDCYear: 2024Scope 1: 37,528 tCO2eRevenue: $M 865Scope 1 Intensity: 43.41 tCO2e/$MTrevi Finanziaria IndustrialeYear: 2024Scope 1: 58,491 tCO2eRevenue: $M 677Scope 1 Intensity: 86.44 tCO2e/$MAccionaYear: 2024Scope 1: 187,920 tCO2eRevenue: $M 19,969Scope 1 Intensity: 9.41 tCO2e/$MContinental HoldingsYear: 2023Scope 1: 3,330 tCO2eRevenue: $M 998Scope 1 Intensity: 3.34 tCO2e/$MAF GruppenYear: 2024Scope 1: 41,042 tCO2eRevenue: $M 2,665Scope 1 Intensity: 15.40 tCO2e/$MRaubex GroupYear: 2023Scope 1: 148,188 tCO2eRevenue: $M 834Scope 1 Intensity: 177.64 tCO2e/$MWilson Bayly Holmes - OvconYear: 2023Scope 1: 49,028 tCO2eRevenue: $M 1,261Scope 1 Intensity: 38.89 tCO2e/$MArcosaYear: 2024Scope 1: 462,949 tCO2eRevenue: $M 2,570Scope 1 Intensity: 180.14 tCO2e/$MFasadgruppen GroupYear: 2024Scope 1: 4,024 tCO2eRevenue: $M 447Scope 1 Intensity: 9.00 tCO2e/$MSacyrYear: 2023Scope 1: 87,540 tCO2eRevenue: $M 5,102Scope 1 Intensity: 17.16 tCO2e/$MKEC InternationalYear: 2025Scope 1: 61,095 tCO2eRevenue: $M 2,521Scope 1 Intensity: 24.24 tCO2e/$MGrupo Empresarial San JoseYear: 2024Scope 1: 20,091 tCO2eRevenue: $M 1,621Scope 1 Intensity: 12.39 tCO2e/$MMMMYR GroupYear: 2024Scope 1: 74,362 tCO2eRevenue: $M 3,362Scope 1 Intensity: 22.12 tCO2e/$MGrenergy RenovablesYear: 2024Scope 1: 675 tCO2eRevenue: $M 553Scope 1 Intensity: 1.22 tCO2e/$M

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

In 2024, Grenergy Renovables reported a Scope 1 emissions intensity of 1.22 tCO₂e per millions USD. Compared to the peer group median of 10.9 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Grenergy Renovables rank on GHG emissions intensity within its industry?

In 2024, Grenergy Renovables ranked 3 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places Grenergy Renovables among the top performers, with one of the lowest emissions intensities relative to peers. a

Insights into Grenergy Renovables's Total Carbon Footprint

In 2024, Grenergy Renovables reported a total carbon footprint of 277,170.5 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 20.84% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to Grenergy Renovables's total carbon footprint was Scope 3 emissions, accounting for 99.37% of the company's total carbon footprint, followed by Scope 2 emissions at 0.39%. a

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