Abengoa, S.A. Sustainability Profile
Abengoa, S.A., a leading Spanish multinational corporation, is headquartered in Seville, Spain. Founded in 1941, the company has established itself as a key player in the renewable energy, engineering, and technology sectors, with a strong focus on sustainable solutions. Abengoa operates primarily in Europe, North America, and Latin America, delivering innovative projects in solar energy, biofuels, and water management. The company is renowned for its pioneering work in solar thermal technology and its commitment to sustainability, positioning itself as a frontrunner in the transition to clean energy. Notable achievements include the development of one of the world's largest solar power plants, showcasing its expertise and market leadership. With a diverse portfolio of core services, Abengoa continues to drive advancements in energy efficiency and environmental stewardship.
DitchCarbon Score
How does Abengoa, S.A.'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 Business Services 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
Abengoa, S.A.'s score of 38 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Abengoa, S.A.'s reported carbon emissions
In 2022, Abengoa, S.A. reported total carbon emissions of approximately 823,407,000 kg CO2e. This figure includes Scope 1 emissions of about 539,722,000 kg CO2e, Scope 2 emissions of approximately 167,092,000 kg CO2e, and Scope 3 emissions totalling around 116,549,000 kg CO2e. Notably, the company has shown a reduction in total emissions from 2021, when emissions were about 838,135,000 kg CO2e, indicating a positive trend in their climate impact. Abengoa has set ambitious climate commitments, aiming to focus its project portfolio on enabling clients to adapt to climate change and mitigate greenhouse gas emissions by 2030. This commitment encompasses both Scope 1 and Scope 2 emissions, reflecting a comprehensive approach to reducing their carbon footprint. Additionally, the company has targeted a 5% reduction in emissions intensity (in tonnes per thousand euros) from 2015 levels by 2023, specifically for its permanent centres. The emissions data is cascaded from Abengoa, S.A., which is the parent company, and reflects their ongoing efforts to align with industry standards for climate action. The company continues to disclose emissions across all relevant scopes, demonstrating transparency in its environmental impact reporting.
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| 2014 | 2015 | 2016 | 2017 | 2018 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 3,802,197,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 564,254,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 3,437,861,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
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Abengoa, S.A.'s Scope 3 Categories Breakdown
Abengoa, S.A.'s Scope 3 emissions, which increased by 0% last year and decreased by approximately 97% since 2014, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 14% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 58% of Scope 3 emissions.
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Abengoa, S.A.'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.
Abengoa, S.A. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
