Acen
Acen Corporation, commonly referred to as Acen, is a leading renewable energy company headquartered in the Philippines. Founded in 2020, Acen has rapidly established itself as a key player in the renewable energy sector, focusing on solar, wind, and geothermal power generation. With a strong operational presence across Southeast Asia and Australia, the company is committed to driving the transition to sustainable energy solutions. Acen's core offerings include a diverse portfolio of renewable energy projects that are distinguished by their innovative technology and commitment to environmental sustainability. The company has achieved significant milestones, including the expansion of its renewable capacity and strategic partnerships aimed at enhancing energy access. Recognised for its market leadership, Acen continues to set benchmarks in the industry, contributing to a greener future while maintaining a robust growth trajectory.
DitchCarbon Score
How does Acen'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 Electricity from Other Sources 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
Acen's score of 28 is higher than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Acen's reported carbon emissions
In 2023, Acen reported total carbon emissions of approximately 1,150,000,000 kg CO2e, comprising 109,451,850 kg CO2e from Scope 1, 7,788,290 kg CO2e from Scope 2, and a significant 1,432,701,410 kg CO2e from Scope 3 emissions. This indicates a continued reliance on emissions from upstream activities, particularly in fuel and energy-related operations. In 2022, the company recorded total emissions of about 2,089,950,620 kg CO2e, with Scope 1 emissions at 2,076,894,270 kg CO2e, Scope 2 at 12,172,210 kg CO2e, and Scope 3 emissions reaching 2,199,743,030 kg CO2e. The data from 2021 showed even higher total emissions of approximately 2,152,062,150 kg CO2e, with Scope 1 at 2,141,993,030 kg CO2e, Scope 2 at 10,069,120 kg CO2e, and Scope 3 emissions at 4,281,654,760 kg CO2e. Despite the substantial emissions figures, Acen has not disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of documented reduction strategies suggests a need for enhanced climate commitments to align with industry standards and expectations for sustainability. Overall, Acen's emissions data highlights the challenges faced in reducing carbon outputs, particularly in Scope 3 emissions, which represent a significant portion of their total emissions.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 1,057,138,930 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 |
| Scope 2 | 16,245,320 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 |
| Scope 3 | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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.
Acen 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.
