Atrenew Sustainability Profile
Atrenew, a leading player in the renewable energy sector, is headquartered in China (CN) and operates extensively across Asia and beyond. Founded in 2018, the company has quickly established itself as a pioneer in sustainable energy solutions, focusing on solar power and energy storage systems. Atrenew's innovative approach combines cutting-edge technology with a commitment to environmental stewardship, setting it apart in a competitive market. The company offers a range of core products, including advanced solar panels and integrated energy management systems, designed to optimise energy efficiency for both residential and commercial clients. Atrenew's dedication to quality and sustainability has earned it a strong market position, with notable achievements in project implementation and customer satisfaction. As the demand for clean energy continues to rise, Atrenew remains at the forefront of the industry, driving the transition towards a greener future.
DitchCarbon Score
How does Atrenew'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 Business Services 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
Atrenew's score of 24 is lower than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Atrenew's reported carbon emissions
In 2023, Atrenew reported total carbon emissions of approximately 43,489,060 kg CO2e, with significant contributions from Scope 2 and Scope 3 emissions. Specifically, Scope 2 emissions accounted for about 3,667,840 kg CO2e, while Scope 3 emissions reached approximately 39,811,020 kg CO2e. The latter includes various categories such as capital goods (about 8,696,670 kg CO2e), business travel (approximately 1,524,930 kg CO2e), and end-of-life treatment of sold products (around 14,123,620 kg CO2e). In 2022, Atrenew's total emissions were about 37,640,910 kg CO2e, with Scope 2 emissions at approximately 3,001,130 kg CO2e and Scope 3 emissions at around 34,639,780 kg CO2e. The company has not disclosed any Scope 1 emissions data, indicating a potential focus on indirect emissions. Despite the substantial emissions figures, Atrenew has not set specific reduction targets or initiatives, nor have they committed to any climate pledges. The absence of documented reduction initiatives suggests that the company may be in the early stages of developing a comprehensive climate strategy. Overall, Atrenew's emissions data reflects a significant reliance on Scope 3 emissions, highlighting the importance of addressing indirect emissions in their climate commitments.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | - | - | - | - |
| Scope 2 | 2,503,600 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 3,413,840 | 00,000,000 | 00,000,000 | 00,000,000 |
How Carbon Intensive is Atrenew's Industry?
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Atrenew's Scope 3 Categories Breakdown
Atrenew's Scope 3 emissions, which increased by 15% last year and increased significantly since 2020, 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 "End-of-Life Treatment of Sold Products" being the largest emissions source at 35% of Scope 3 emissions.
Top Scope 3 Categories
Atrenew'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.
Atrenew 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.
