Altus Power
Altus Power, Inc., headquartered in the United States, is a leading player in the renewable energy sector, specialising in solar power generation and energy storage solutions. Founded in 2009, the company has established a strong presence across various operational regions, focusing on sustainable energy initiatives that cater to both commercial and residential clients. With a commitment to innovation, Altus Power offers unique solar energy systems and integrated storage solutions that enhance energy efficiency and reduce carbon footprints. The company has achieved significant milestones, including strategic partnerships and a growing portfolio of solar projects, positioning itself as a trusted provider in the clean energy market. Altus Power's dedication to sustainability and its robust market presence underscore its role as a key contributor to the transition towards renewable energy.
DitchCarbon Score
How does Altus Power'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 Transmission 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
Altus Power's score of 12 is lower than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Altus Power's reported carbon emissions
In 2021, Altus Power reported total carbon emissions of approximately 25,930 kg CO2e for Scope 1 and about 30,600 kg CO2e for Scope 2. However, there is no available emissions data for the years 2022 and 2023. The company has not disclosed any Scope 3 emissions data. For 2022, the emissions intensity ratio was about 290.0 Mt CO2e per MW of electricity, while in 2023, it was reported at approximately 210.0 Mt CO2e per MW. The emissions intensity per million dollars of revenue was about 0.00137 for 2022 and approximately 0.0012 for 2023, indicating a slight improvement in emissions efficiency relative to revenue. Despite these figures, Altus Power has not set specific reduction targets or climate pledges, nor do they have any initiatives reported under the Science Based Targets initiative (SBTi). The company’s emissions data is not cascaded from any parent organisation, and all reported figures are directly from Altus Power, Inc. Overall, while Altus Power has made strides in emissions intensity, the lack of comprehensive emissions data and formal reduction commitments highlights an area for potential growth in their climate strategy.
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| 2021 | |
|---|---|
| Scope 1 | 25,930 |
| Scope 2 | 30,600 |
| Scope 3 | - |
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.
Altus Power 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.
