Lucid Energy Group Ii
Lucid Energy Group II, a prominent player in the renewable energy sector, is headquartered in the United States, with significant operations across various regions. Founded in 2011, the company has established itself as a leader in the development of innovative hydropower solutions, focusing on harnessing energy from water infrastructure. Lucid Energy's core offerings include its unique LucidPipe® technology, which transforms existing water pipelines into energy-generating assets. This groundbreaking approach not only enhances energy efficiency but also contributes to sustainable practices in urban environments. With a commitment to advancing clean energy solutions, Lucid Energy Group II has achieved notable milestones, positioning itself as a key contributor to the renewable energy landscape. The company continues to drive progress in the industry, making significant strides towards a more sustainable future.
DitchCarbon Score
How does Lucid Energy Group Ii's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Gas/Diesel Oil industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Lucid Energy Group Ii's score of 3 is lower than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Lucid Energy Group Ii's reported carbon emissions
In 2020, Lucid Energy Group II reported total carbon emissions of approximately 1,618,000,000 kg CO2e, comprising 1,369,000,000 kg CO2e from Scope 1 emissions and 249,000,000 kg CO2e from Scope 2 emissions. This figure remained consistent over the previous years, with similar totals reported in 2019 and 2018. Despite the significant emissions, there are currently no disclosed reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of specific climate commitments or science-based targets indicates a potential area for improvement in their sustainability strategy. As a company headquartered in the US, Lucid Energy Group II operates within an industry increasingly focused on climate action and emissions reduction, highlighting the importance of establishing clear and measurable climate commitments to align with global sustainability goals.
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| 2018 | 2019 | 2020 | |
|---|---|---|---|
| Scope 1 | 1,369,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 163,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Lucid Energy Group Ii is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
