Avaada
Avaada Group, a prominent player in the renewable energy sector, is headquartered in India and operates extensively across various regions, including Asia and Africa. Founded in 2017, the company has rapidly established itself as a leader in sustainable energy solutions, focusing primarily on solar power generation and energy storage systems. Avaada's core offerings include utility-scale solar projects and innovative energy management services, distinguished by their commitment to sustainability and technological advancement. The company has achieved significant milestones, including the installation of numerous solar plants that contribute to India's ambitious renewable energy targets. With a strong market position, Avaada is recognised for its contributions to clean energy and its role in driving the transition towards a greener future.
DitchCarbon Score
How does Avaada'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
Avaada's score of 17 is lower than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Avaada's reported carbon emissions
In 2023, Avaada reported a total of approximately 8,060 kg CO2e in Scope 1 emissions and about 727 kg CO2e in Scope 2 emissions in India. Additionally, their Scope 3 emissions were approximately 53 kg CO2e. This reflects a significant reduction from previous years, particularly when compared to their 2022 emissions, which were about 13,150 kg CO2e for Scope 1 and approximately 829 kg CO2e for Scope 2 in India. Globally, in 2023, Avaada's emissions included around 15,200 kg CO2e for Scope 1 and about 730 kg CO2e for Scope 2, with Scope 3 emissions at approximately 24 kg CO2e. This indicates a continued commitment to reducing their carbon footprint across all scopes. Despite the positive trends in emissions reduction, Avaada has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other formal climate pledges. Their ongoing efforts to monitor and report emissions demonstrate a commitment to transparency and sustainability in their operations.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 48,889,000 | 00,000 | 00,000 |
| Scope 2 | 5,516,000 | 000 | 000 |
| Scope 3 | - | 00 | 00 |
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.
Avaada 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.
