ALTEO
ALTEO Group, a prominent player in the energy sector, is headquartered in Hungary (HU) and operates extensively across Central and Eastern Europe. Founded in 2008, the company has established itself as a leader in energy production, trading, and management, focusing on renewable energy solutions and innovative energy services. ALTEO's core offerings include electricity generation from renewable sources, energy efficiency solutions, and comprehensive energy management services. What sets ALTEO apart is its commitment to sustainability and technological advancement, positioning itself as a forward-thinking entity in the energy landscape. With a strong market presence, ALTEO has achieved significant milestones, including the expansion of its renewable energy portfolio and strategic partnerships that enhance its operational capabilities. The company continues to drive the transition towards a greener energy future, making it a notable force in the industry.
DitchCarbon Score
How does ALTEO'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
ALTEO's score of 27 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
ALTEO's reported carbon emissions
In 2023, ALTEO reported total carbon emissions of approximately 444,660,000 kg CO2e, comprising 133,360,000 kg CO2e from Scope 1, 3,031,000 kg CO2e from Scope 2, and 308,195,000 kg CO2e from Scope 3 emissions. This reflects a significant reliance on upstream activities, particularly in Scope 3, which includes emissions from purchased goods and services, fuel and energy-related activities, and waste generated in operations. Over the years, ALTEO has demonstrated a commitment to reducing its carbon footprint. In 2022, the company reported total emissions of about 509,737,000 kg CO2e, indicating a slight decrease in emissions in 2023. However, specific reduction targets or initiatives have not been disclosed, suggesting that while emissions data is available, formal commitments to reduction strategies may be lacking. ALTEO's emissions data highlights the importance of addressing both direct and indirect emissions across all scopes to achieve meaningful climate action. The company operates within a global context where increasing transparency and accountability in carbon emissions reporting is becoming essential for sustainability.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 126,000,000 | 000,000,000 | 00,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 7,040,000 | 0,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 3,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 | - | 000,000,000 | 000,000,000 | 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.
ALTEO 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.
