Audax Renovables Sustainability Profile
Audax Renovables, a leading player in the renewable energy sector, is headquartered in Spain and operates extensively across Europe. Founded in 2000, the company has established itself as a significant force in the production and supply of green energy, focusing primarily on wind and solar power generation. With a commitment to sustainability, Audax Renovables offers unique energy solutions that cater to both residential and commercial clients, ensuring a reliable and eco-friendly energy supply. The company has achieved notable milestones, including substantial growth in its renewable energy portfolio, positioning itself as a trusted provider in the industry. Recognised for its innovative approach and dedication to environmental stewardship, Audax Renovables continues to lead the charge towards a greener future, making a significant impact in the renewable energy landscape.
DitchCarbon Score
How does Audax Renovables'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 Gas Electricity 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
Audax Renovables's score of 7 is lower than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Audax Renovables's reported carbon emissions
In 2023, Audax Renovables reported total carbon emissions of approximately 351,580 kg CO2e, comprising 303,700 kg CO2e from Scope 1 and 47,880 kg CO2e from Scope 2 emissions. This marks a significant increase from 2022, where emissions were about 46,720 kg CO2e, with 17,730 kg CO2e from Scope 1 and 28,990 kg CO2e from Scope 2. The company has not disclosed any Scope 3 emissions data. Audax Renovables is committed to achieving climate neutrality by 2050, aligning with the Paris Agreement. This long-term target encompasses all scopes of emissions. Additionally, the company is focused on generating 100% renewable electricity, which is part of its strategy to combat climate change and reduce its carbon footprint. The emissions data is cascaded from its parent company, Audax Renovables, S.A., reflecting the corporate family's commitment to sustainability. The company has demonstrated a proactive approach to climate commitments, although specific reduction targets for Scope 1 and Scope 2 emissions have not been quantified in percentage terms.
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| 2019 | 2020 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 9,620 | 0,000 | 00,000 | 000,000 |
| Scope 2 | 21,630 | 00,000 | 00,000 | 00,000 |
| Scope 3 | - | - | - | - |
How Carbon Intensive is Audax Renovables's Industry?
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Audax Renovables'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.
Audax Renovables 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.
