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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 30 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Acen's reported carbon emissions
In 2023, Acen Corporation, headquartered in the Philippines, reported significant carbon emissions across various scopes. The total emissions were approximately 5,058,123,920 kg CO2e, with Scope 1 emissions at about 109,451,850 kg CO2e, Scope 2 emissions at approximately 7,788,290 kg CO2e, and Scope 3 emissions reaching about 5,058,123,920 kg CO2e. This data reflects a comprehensive disclosure of their emissions, indicating a commitment to transparency in their environmental impact. Acen has set ambitious climate commitments, particularly focusing on reducing Scope 1 emissions. They have achieved a notable 62% reduction from their 2021 baseline, which underscores their dedication to reaching net-zero emissions in the near term. This target is part of their broader strategy to mitigate climate change impacts and aligns with industry standards for sustainability. The company has consistently reported its emissions data, with previous years showing a trend of high emissions, particularly in Scope 3, which accounted for the majority of their carbon footprint. For instance, in 2022, their total emissions were approximately 4,220,826,620 kg CO2e, with Scope 1 at about 2,076,894,270 kg CO2e and Scope 2 at approximately 12,172,210 kg CO2e. Acen's commitment to reducing its carbon emissions is further supported by their ongoing initiatives and transparency in reporting, which are crucial for meeting global climate goals.
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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 participating in any of the initiatives that 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.
