Alter Energy Group NA Inc. Sustainability Profile
Alter Energy Group NA Inc., headquartered in Ukraine, is a prominent player in the renewable energy sector, specialising in innovative energy solutions. Founded in 2010, the company has established a strong presence across North America and Europe, focusing on sustainable energy production and efficiency. With a commitment to advancing clean energy technologies, Alter Energy Group offers a range of services, including solar energy systems, energy storage solutions, and energy efficiency consulting. Their unique approach combines cutting-edge technology with tailored solutions, ensuring clients achieve optimal energy performance. Recognised for its contributions to the renewable energy landscape, Alter Energy Group has garnered a reputation for excellence and reliability, positioning itself as a leader in the industry. The company continues to drive progress in sustainable energy, making significant strides towards a greener future.
DitchCarbon Score
How does Alter Energy Group NA Inc.'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 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
Alter Energy Group NA Inc.'s score of 18 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Alter Energy Group NA Inc.'s reported carbon emissions
In 2023, Alter Energy Group NA Inc. reported significant carbon emissions, totalling approximately 322,668,000 kg CO2e across all scopes. This includes Scope 1 emissions of about 210,374,000 kg CO2e, primarily from mobile combustion (1,298,114,000 kg CO2e) and process emissions (7,016,759,000 kg CO2e). Scope 2 emissions accounted for approximately 289,804,000 kg CO2e, with the majority stemming from purchased electricity (27,413,088,000 kg CO2e). Scope 3 emissions were notably high at around 3,924,600,000 kg CO2e, driven largely by fuel and energy-related activities (388,720,566,000 kg CO2e) and purchased goods and services (6,018,276,000 kg CO2e). The company has set ambitious climate commitments, aiming for near-zero emissions in both Scope 1 and Scope 2 by 2025. This initiative includes transforming the 115 Combat Wing (Souda) into a near net-zero carbon impact installation. Additionally, Alter Energy Group is exploring innovative solutions, such as genetically modified algae to enhance CO2 absorption and biofuel production, with a long-term goal of reducing Scope 3 upstream emissions by 2050. Overall, Alter Energy Group NA Inc. is actively working towards substantial emissions reductions while addressing its carbon footprint across all scopes, demonstrating a commitment to sustainability and climate action.
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| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | 00,000,000 | 000,000,000 | 00,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 98,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | 0,000,000,000 | 000,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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Alter Energy Group NA Inc.'s Scope 3 Categories Breakdown
Alter Energy Group NA Inc.'s Scope 3 emissions, which increased by 1% last year and decreased by approximately 30% since 2019, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Fuel and Energy Related Activities" being the largest emissions source at 9905% of Scope 3 emissions.
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Alter Energy Group NA Inc.'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.
Alter Energy Group NA Inc. 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.
