Scatec ASA

Common Name
Scatec
Country
Norway
Sector
Utilities
Industry
Utilities - Renewable
Employees
778
Ticker
SCATC
Exchange
OSLO BORS
Website
scatec.com
Description
Scatec ASA is a leading renewable energy company specializing in the development, construction, and operation of solar power plants globally. Established in 2007 and headquartered in Oslo, Norway, Sca...

Scatec's GHG Emissions Data Preview

In 2024, Scatec 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).

Scatec has also provided a category-level breakdown for 7 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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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Scatec's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Scatec amounted to 13,166 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).

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Scatec increased by 15.52%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Scatec's Scope 1 Emissions Over Time

20192023202405001 k1.5 k2 ktCO2e-41%-24%
  • Total Scope 1
  • Year-over-Year Change

What are Scatec's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Scatec were 889 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Scatec reduced its Scope 1 emissions over time?

Since 2019, Scatec's Scope 1 emissions have decreased by 55.26%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2023), Scatec's Scope 1 emissions decreased by 23.82%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Scatec's Scope 2 emissions?

In 2024, Scatec reported Scope 2 greenhouse gas (GHG) emissions of 4,113 tCOâ‚‚e using the market-based method and 12,277 tCOâ‚‚e using the location-based method.

Has Scatec reduced its Scope 2 emissions over time?

Since 2019, Scatec's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have increased by 84.42%, reflecting a rising long-term trend in Scope 2 emissions over time.

Compared to the previous year (2023), Scatec's Scope 2 emissions (Location-Based) rose by 20.01% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy

What methodology does Scatec use for Scope 2 reporting?

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

Scatec's Scope 2 Emissions Over Time

20192023202403.5 k7 k10.5 k14 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Scatec's Value Chain Emissions

In 2024, Scatec reported 307,969 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2024 disclosure of Scatec includes a breakdown across 7 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.

Scatec's Scope 3 Emissions Over Time

2019202320240150 k300 k450 k600 ktCO2e+21%-26%
  • Total Scope 3
  • Year-over-Year Change

What are Scatec's Scope 3 emissions?

In 2024, Scatec reported total Scope 3 emissions of 307,969 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 99.22% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0.78% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Scatec reduced its Scope 3 emissions over time?

Since 2019, Scatec's Scope 3 emissions have decreased by 10.72%, reflecting a declining long-term trend in Scope 3 emissions over time.

Compared to the previous year (2023), Scatec's Scope 3 emissions decreased by 26.3%, highlighting the company's efforts to lower indirect emissions from its value chain.

What categories of Scope 3 emissions does Scatec disclose?

In 2024, Scatec reported emissions for 7 out of the 15 Scope 3 categories defined by the GHG Protocol.

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

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

In 2024, the largest contributors to Scatec's Scope 3 emissions were:

  • Capital Goods (Cat. 2): 272,903 tCOâ‚‚e (88.61%)
  • Upstream Transportation and Distribution (Cat. 4): 17,307 tCOâ‚‚e (5.62%)
  • Fuel- and Energy-Related Services (Cat. 3): 6,021 tCOâ‚‚e (1.96%)

Scatec's Scope 3 Emissions by Categories

Fuel- andEnergy-RelatedServices (Cat. 3)(2.0%)Capital Goods(Cat. 2)(88.6%)UpstreamTransportation andDistribution(Cat. 4)(5.6%)

Insights into Scatec's Total Carbon Footprint

In 2024, Scatec reported a total carbon footprint of 321,135 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 25.19% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to Scatec's total carbon footprint was Scope 3 emissions, accounting for 95.9% of the company's total carbon footprint, followed by Scope 2 emissions at 3.82%.

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