OUTsurance Group Ltd
OUTsurance Group Energy Data Preview
In 2023, OUTsurance Group disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.
OUTsurance Group also reported how it meets its energy needs through a mix of purchased and self-generated energy, offering insight into its sourcing strategy and level of energy independence.
Additionally, OUTsurance Group also disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.
Finally, OUTsurance Group also reported the types of energy sources as well as generation technologies, both for purchased and self-produced energy, helping stakeholders evaluate OUTsurance Group's reliance on fossil fuels versus cleaner alternatives.
| Metric (GJ) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Energy Consumed | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Renewable Energy Consumed | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Non-renewable Energy Consumed | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Electricity Consumed | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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Insights into OUTsurance Group's Energy Renewability
In 2023, OUTsurance Group consumed a total of 33,624 Gigajoules of energy across its operations. Of this total, 16.98% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 83.02% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power.
OUTsurance Group's Energy Renewability Rate
How much of OUTsurance Group's energy consumed is renewable?
In 2023, OUTsurance Group consumed a total of 33,624 Gigajoules of energy, of which 16.98% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.
This low level of renewable energy use highlights a heavy reliance on fossil fuels or other non-renewable sources, suggesting that OUTsurance Group has considerable room to improve its energy sustainability strategy.
Are OUTsurance Group's energy practices becoming more sustainable?
Since 2018, OUTsurance Group's total energy consumption decreased by 5.95%, including a further 1.09% drop in 2023, highlighting a continued decline in energy use.
Over the same period, the share of renewable energy in OUTsurance Group's consumption increased by 449.3%, including a 1.42% increase in 2023, showing consistent progress in clean energy adoption.
Overall, OUTsurance Group has reduced its total energy consumption while steadily increasing its use of renewables, reflecting a strong commitment to reducing its energy-related environmental footprint.
OUTsurance Group's Renewable vs Non-renewable Energy Over Time
- Renewable Energy Consumed
- Non-renewable Energy Consumed
Insights into OUTsurance Group's Energy Consumption & Production Mix
In 2023, OUTsurance Group disclosed detailed information on both the sources and generation technologies of its consumed and produced energy This disclosure enables a clearer assessment of the OUTsurance Group's overall energy mix, its sourcing strategy, and its reliance on fossil fuels versus cleaner alternatives such as renewables and low-carbon technologies.
OUTsurance Group's Energy Consumed by Sources and Technologies
What are the main sources and generation technologies behind OUTsurance Group's energy consumption?
In 2023, OUTsurance Group's total energy consumption was primarily sourced from
- Solar Energy and Electricity (Unspecified Source) (50%)
- Electricity (Unspecified Source) (41.51%)
- Solar Energy (8.49%)
How diverse is OUTsurance Group’s energy consumption mix?
In 2023, OUTsurance Group consumed energy from 2 different sources or generation technologies, indicating a moderately diverse energy mix, with some concentration in a primary source.
What are the main sources or generation technologies used by OUTsurance Group to produce energy?
In 2023, OUTsurance Group's energy production came primarily from
- Solar Energy (100%)
How diverse is OUTsurance Group’s energy production mix?
In 2023, OUTsurance Group produced energy using 1 different sources or generation technologies. The energy production mix is highly concentrated, with Solar Energy alone making up 100% of total output.
OUTsurance Group's Energy Produced by Sources and Technologies
Insights into OUTsurance Group's Energy Inflows & Self-Sufficiency
In 2023, OUTsurance Group reported total energy inflows of 33,624 Gigajoules, which corresponds to the company's full energy needs, including energy consumed, redistributed, sold, or stored. This energy inflow was composed of 27,914.4 Gigajoules purchased from external suppliers and 5,709.6 Gigajoules generated through internal production. This corresponds to a production share of 16.98%, reflecting a 23.82% percentage point increase from the previous year (2022) and a 1,388.94% percentage point increase since 2018.
OUTsurance Group has steadily improved its production share over the years, though the most recent figures show a leveling-off. This plateau may indicate that the company has reached a temporary equilibrium between produced and purchased energy, or is consolidating gains before pursuing further expansion.
OUTsurance Group's Energy Purchased vs Produced Over Time
- Total Energy Produced
- Total Energy Purchased