Octopus Renewables Infrastructure Trust PLC
Octopus Renewables Infrastructure Trust's GHG Emissions Data Preview
In 2024, Octopus Renewables Infrastructure Trust 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).
Octopus Renewables Infrastructure Trust has also provided a category-level breakdown for 3 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 | 0000000 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  a | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature.  a | 0000000 |
Location-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature.  a | 0000000 |
Total Scope 3 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  a | 0000000 | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0000000 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  a | 0000000 |
Verified Sources Behind Octopus Renewables Infrastructure Trust’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 Octopus Renewables Infrastructure Trust’s data sources below and access millions more through our Disclosure Search.
Insights into Octopus Renewables Infrastructure Trust's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of Octopus Renewables Infrastructure Trust amounted to 943.7 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 Octopus Renewables Infrastructure Trust decreased by 8.98%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
Octopus Renewables Infrastructure Trust's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Octopus Renewables Infrastructure Trust's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Octopus Renewables Infrastructure Trust were 33.2 metric tons of CO₂ equivalent (tCO₂e).a
Compared to the previous year (2023), Octopus Renewables Infrastructure Trust's Scope 1 emissions decreased by 85.14%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
What are Octopus Renewables Infrastructure Trust's Scope 2 emissions?
In 2024, Octopus Renewables Infrastructure Trust reported Scope 2 greenhouse gas (GHG) emissions of 854.1 tCO₂e using the market-based method and 910.5 tCO₂e using the location-based method.a
Has Octopus Renewables Infrastructure Trust reduced its Scope 2 emissions over time?
Since 2021, Octopus Renewables Infrastructure Trust's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have increased by 257.62%, reflecting a rising long-term trend in Scope 2 emissions over time.a
Compared to the previous year (2023), Octopus Renewables Infrastructure Trust's Scope 2 emissions (Location-Based) rose by 11.94% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya
What methodology does Octopus Renewables Infrastructure Trust use for Scope 2 reporting?
In 2024, Octopus Renewables Infrastructure Trust reported its Scope 2 emissions using the market-based method and using the location-based method.a
Octopus Renewables Infrastructure Trust's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Octopus Renewables Infrastructure Trust's Value Chain Emissions
In 2024, Octopus Renewables Infrastructure Trust reported 4,574.7 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 Octopus Renewables Infrastructure Trust includes a breakdown across 3 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
Octopus Renewables Infrastructure Trust's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Octopus Renewables Infrastructure Trust's Scope 3 emissions?
In 2024, Octopus Renewables Infrastructure Trust reported total Scope 3 emissions of 4,574.7 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
Has Octopus Renewables Infrastructure Trust reduced its Scope 3 emissions over time?
Since 2021, Octopus Renewables Infrastructure Trust's Scope 3 emissions have increased by 106.85%, reflecting a rising long-term trend in Scope 3 emissions over time.a
Compared to the previous year (2023), Octopus Renewables Infrastructure Trust's Scope 3 emissions decreased by 87.3%, highlighting the company's efforts to lower indirect emissions from its value chain.a
What categories of Scope 3 emissions does Octopus Renewables Infrastructure Trust disclose?
In 2024, Octopus Renewables Infrastructure Trust reported emissions for 3 out of the 15 Scope 3 categories defined by the GHG Protocol.a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
What are the main sources of Octopus Renewables Infrastructure Trust's Scope 3 emissions?
In 2024, the largest contributors to Octopus Renewables Infrastructure Trust's Scope 3 emissions were:a
- Purchased Goods and Services (Cat. 1): 3,558.2 tCO₂e (90.38%)
- Fuel- and Energy-Related Services (Cat. 3): 355.4 tCO₂e (9.03%)
- Waste Generated in Operations (Cat. 5): 23.4 tCO₂e (0.59%)
Octopus Renewables Infrastructure Trust's Scope 3 Emissions by Categories
Insights into Octopus Renewables Infrastructure Trust’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Octopus Renewables Infrastructure Trust reported Scope 1 greenhouse gas (GHG) emissions of 33.2 tCO₂e and total revenues of USD 17 millions. This translates into an emissions intensity of 1.98 tCO₂e per millions USD.a
Octopus Renewables Infrastructure Trust's Scope 1 Emissions Intensity Compared to Peers
How does Octopus Renewables Infrastructure Trust's GHG emissions intensity compare to its peers?
In 2024, Octopus Renewables Infrastructure Trust reported a Scope 1 emissions intensity of 1.98 tCO₂e per millions USD. Compared to the peer group median of 0.1, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
Where does Octopus Renewables Infrastructure Trust rank on GHG emissions intensity within its industry?
In 2024, Octopus Renewables Infrastructure Trust ranked 16 out of 15 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Octopus Renewables Infrastructure Trust among the least efficient performers, with one of the highest emissions intensities in its sector.a
Insights into Octopus Renewables Infrastructure Trust's Total Carbon Footprint
In 2024, Octopus Renewables Infrastructure Trust reported a total carbon footprint of 5,518.4 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 85.11% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Octopus Renewables Infrastructure Trust's total carbon footprint was Scope 3 emissions, accounting for 82.9% of the company's total carbon footprint, followed by Scope 2 emissions at 16.5%.a