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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0000000
Total Scope 2
Market-Based
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0000000
Location-Based
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0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Scatec’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 Scatec’s data sources below and access millions more through our Disclosure Search.

a. Scatec's Annual Report 2024
a. Scatec's Annual Report 2024

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). a

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. a

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 CO₂ equivalent (tCO₂e). a

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. a

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. a

What are Scatec's Scope 2 emissions?

In 2024, Scatec reported Scope 2 greenhouse gas (GHG) emissions of 4,113 tCO₂e using the market-based method and 12,277 tCO₂e using the location-based method. a

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. a

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 a

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. a

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 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 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. a

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 CO₂ equivalent (tCO₂e). a

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. a

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. a

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. a

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. a

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: a

  • Capital Goods (Cat. 2): 272,903 tCO₂e (88.61%)
  • Upstream Transportation and Distribution (Cat. 4): 17,307 tCO₂e (5.62%)
  • Fuel- and Energy-Related Services (Cat. 3): 6,021 tCO₂e (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 GHG Emissions Intensity Compared to Industry Peers

In 2024, Scatec reported Scope 1 greenhouse gas (GHG) emissions of 889 tCO₂e and total revenues of USD 385 millions. This translates into an emissions intensity of 2.31 tCO₂e per millions USD. a

Scatec's Scope 1 Emissions Intensity Compared to Peers

520020,0001,000,00050,000,000Scope 1 Emissions (tCO2e)0.5505,000500,00020,000,000Revenues (Millions of USD)TACSDSolariaYear: 2024Scope 1: 469,600 tCO2eRevenue: $M 184Scope 1 Intensity: 2,550.91 tCO2e/$MHolaluz-ClidomYear: 2024Scope 1: 460 tCO2eRevenue: $M 282Scope 1 Intensity: 1.63 tCO2e/$MGCL New Energy HoldingsYear: 2023Scope 1: 4,921 tCO2eRevenue: $M 128Scope 1 Intensity: 38.46 tCO2e/$MTTTPI Polene PowerYear: 2023Scope 1: 1,718,996 tCO2eRevenue: $M 319Scope 1 Intensity: 5,385.44 tCO2e/$MSJVNYear: 2025Scope 1: 476 tCO2eRevenue: $M 360Scope 1 Intensity: 1.32 tCO2e/$MAAAydem Yenilenebilir EnerjiYear: 2024Scope 1: 1,787 tCO2eRevenue: $M 186Scope 1 Intensity: 9.60 tCO2e/$MSerena EnergiaYear: 2022Scope 1: 14,195 tCO2eRevenue: $M 0Scope 1 Intensity: 30,784.66 tCO2e/$MCCChina Everbright GreentechYear: 2023Scope 1: 2,621,012 tCO2eRevenue: $M 950Scope 1 Intensity: 2,759.53 tCO2e/$MSSSGICCYear: 2023Scope 1: 238 tCO2eRevenue: $M 1,080Scope 1 Intensity: 0.22 tCO2e/$MRomande Energie HoldingYear: 2024Scope 1: 8,741 tCO2eRevenue: $M 919Scope 1 Intensity: 9.51 tCO2e/$MAlupar InvestimentoYear: 2023Scope 1: 110,418 tCO2eRevenue: $M 683Scope 1 Intensity: 161.73 tCO2e/$MPertamina Geothermal EnergyYear: 2024Scope 1: 92,223 tCO2eRevenue: $M 6,587,351Scope 1 Intensity: 0.01 tCO2e/$MCloudberry Clean EnergyYear: 2024Scope 1: 10 tCO2eRevenue: $M 34Scope 1 Intensity: 0.30 tCO2e/$MOrmat TechnologiesYear: 2023Scope 1: 171,778 tCO2eRevenue: $M 829Scope 1 Intensity: 207.11 tCO2e/$MNHPCYear: 2025Scope 1: 4,016 tCO2eRevenue: $M 1,214Scope 1 Intensity: 3.31 tCO2e/$MConstellation EnergyYear: 2024Scope 1: 8,403,750 tCO2eRevenue: $M 23,568Scope 1 Intensity: 356.57 tCO2e/$MOerstedYear: 2024Scope 1: 733,299 tCO2eRevenue: $M 8,199Scope 1 Intensity: 89.43 tCO2e/$MChina Longyuan Power GroupYear: 2023Scope 1: 9,948,568 tCO2eRevenue: $M 5,296Scope 1 Intensity: 1,878.34 tCO2e/$MDDDatang Renewable PowerYear: 2023Scope 1: 7,103 tCO2eRevenue: $M 1,967Scope 1 Intensity: 3.61 tCO2e/$MERGYear: 2024Scope 1: 1,118 tCO2eRevenue: $M 768Scope 1 Intensity: 1.46 tCO2e/$MScatecYear: 2024Scope 1: 889 tCO2eRevenue: $M 385Scope 1 Intensity: 2.31 tCO2e/$M

How does Scatec's GHG emissions intensity compare to its peers?

In 2024, Scatec reported a Scope 1 emissions intensity of 2.31 tCO₂e per millions USD. Compared to the peer group median of 24.03 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Scatec rank on GHG emissions intensity within its industry?

In 2024, Scatec ranked 7 out of 20 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

Scatec is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

Insights into Scatec's Total Carbon Footprint

In 2024, Scatec reported a total carbon footprint of 321,135 metric tons of CO₂ equivalent (tCO₂e) 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. a

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%. a

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