In 2023, Ormat Technologies 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).
However, Ormat Technologies has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020-2019 |
|---|---|---|---|---|
Total Scope 1 | 171,778a | 183,384a | 111,219b | |
Total Scope 2 | ||||
Market-Based | 25,934a | 24,906a | 11,919b | |
Location-Based | 26,260a | 24,743a | N/A | |
Total Scope 3 | 337,122a | 396,059a | 8,985b | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 207.1052a | 249.7879a | 167.7299b |
You are welcome to quote or reference individual data points from this page, provided you include the following attribution with a visible, clickable link to this page: "Source: Tracenable, the global reference for ESG data"
Bulk collection, scraping, resale, or redistribution of data across multiple company profiles is not permitted without our prior written permission. For more information, see our General Terms and Conditions.
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 Ormat Technologies’s data sources below and access millions more through our Disclosure Search.
In 2023, the total operational greenhouse gas (GHG) emissions of Ormat Technologies amounted to 198,038 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 2022, the total operational greenhouse gas (GHG) emissions of Ormat Technologies decreased by 4.85%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2023, the total Scope 1 emissions of Ormat Technologies were 171,778 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, Ormat Technologies's Scope 1 emissions have decreased by 15.15%, reflecting a declining long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2022), Ormat Technologies's Scope 1 emissions decreased by 6.33%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2023, Ormat Technologies reported Scope 2 greenhouse gas (GHG) emissions of 25,934 tCO₂e using the market-based method and 26,260 tCO₂e using the location-based method.a
Since 2019, Ormat Technologies's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 24.37%, reflecting a declining long-term trend in Scope 2 emissions over time.a
Compared to the previous year (2022), Ormat Technologies's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Ormat Technologies's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2023, Ormat Technologies reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2023, Ormat Technologies reported 337,122 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 2023 disclosure of Ormat Technologies includes a breakdown across 0 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.a
In 2023, Ormat Technologies reported total Scope 3 emissions of 337,122 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, Ormat Technologies's Scope 3 emissions have increased by 8,766.96%, reflecting a rising long-term trend in Scope 3 emissions over time.a
Compared to the previous year (2022), Ormat Technologies's Scope 3 emissions decreased by 14.88%, highlighting the company's efforts to lower indirect emissions from its value chain.a
In 2023, Ormat Technologies reported Scope 1 greenhouse gas (GHG) emissions of 171,778 tCO₂e and total revenues of USD 829 millions. This translates into an emissions intensity of 207.11 tCO₂e per millions USD.a
In 2023, Ormat Technologies reported a Scope 1 emissions intensity of 207.11 tCO₂e per millions USD. Compared to the peer group median of 7.92, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2023, Ormat Technologies ranked 19 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Ormat Technologies is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2023, Ormat Technologies reported a total carbon footprint of 535,160 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 11.42% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Ormat Technologies's total carbon footprint was Scope 3 emissions, accounting for 62.99% of the company's total carbon footprint, followed by Scope 1 emissions at 32.1%.a