BayWa r.e. EMEA Sustainability Profile
BayWa r.e. Renewable Energy GmbH, commonly referred to as BayWa r.e., is a leading player in the renewable energy sector, headquartered in Germany. Established in 2009, the company has rapidly expanded its operations across the EMEA region, focusing on solar, wind, and energy storage solutions. BayWa r.e. is renowned for its comprehensive portfolio of services, including project development, distribution, and asset management, which sets it apart in the competitive landscape. With a commitment to sustainability and innovation, the company has achieved significant milestones, including the successful completion of numerous large-scale renewable energy projects. As a trusted partner in the energy transition, BayWa r.e. has solidified its market position through strategic collaborations and a robust network, making it a key contributor to the growth of renewable energy in Europe and beyond.
DitchCarbon Score
How does BayWa r.e. EMEA'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 Machinery and Equipment 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
BayWa r.e. EMEA's score of 33 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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BayWa r.e. EMEA's reported carbon emissions
In 2023, BayWa r.e. EMEA reported total carbon emissions of approximately 7,075,996,000 kg CO2e. This figure includes 6,182,000 kg CO2e from Scope 1 emissions, 33,000 kg CO2e from Scope 2 (market-based), and a significant 7,069,781,000 kg CO2e from Scope 3 emissions. The total emissions for 2022 were about 6,660,227,000 kg CO2e, indicating an increase in emissions year-on-year. The company has disclosed emissions data across all three scopes, with Scope 1 and 2 emissions combined totalling 6,215,000 kg CO2e in 2023. Notably, the Scope 1 emissions have risen from 5,836,000 kg CO2e in 2022, while Scope 2 emissions have seen a slight increase from 21,000 kg CO2e (market-based) in the previous year. BayWa r.e. EMEA does not currently have specific reduction targets or initiatives documented, nor does it participate in the Science Based Targets initiative (SBTi). The emissions data is cascaded from its parent company, BayWa r.e. AG, and is part of a broader corporate family relationship with BayWa Aktiengesellschaft, which also contributes to their climate-related disclosures. Overall, while BayWa r.e. EMEA has made strides in transparency regarding its emissions, the absence of defined reduction targets highlights an area for potential improvement in its climate commitments.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 3,509,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | - | 0,000 | 00,000 | 00,000 |
| Scope 3 | 1,169,000 | 0,000,000 | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is BayWa r.e. EMEA's Industry?
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BayWa r.e. EMEA's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
BayWa r.e. EMEA has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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