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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) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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In 2024, the total operational greenhouse gas (GHG) emissions ofGrenergy Renovables amounted to1,749.5metric 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 Renovablesincreased by 54.56%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2024, the total Scope 1 emissions of Grenergy Renovables were 674.5 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
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
In 2024, Grenergy Renovables reported Scope 2 greenhouse gas (GHG) emissions of 91 tCOâ‚‚e using the market-based method and 1,075 tCOâ‚‚e using the location-based method.a
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 energya
In 2024, Grenergy Renovables reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, Grenergy Renovables reported 275,421 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 Grenergy Renovables includes a breakdown across 5of 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 chaina
In 2024, Grenergy Renovables reported total Scope 3 emissions of 275,421 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).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
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.
In 2024, the largest contributors to Grenergy Renovables's Scope 3 emissions were:a
In 2024, Grenergy Renovables reported Scope 1 greenhouse gas (GHG) emissions of 674.5 tCOâ‚‚e and total revenues of USD 553 millions. This translates into an emissions intensity of 1.22 tCOâ‚‚e per millions USD.a
In 2024, Grenergy Renovables reported a Scope 1 emissions intensity of 1.22 tCOâ‚‚e per millions USD. Compared to the peer group median of 12.39, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, Grenergy Renovables ranked 2 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
This places Grenergy Renovables among the top performers, with one of the lowest emissions intensities relative to peers.a
In 2024, Grenergy Renovables reported a total carbon footprint of 277,170.5 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) 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