Avaada Energy Private Limited Sustainability Profile
Avaada Energy Private Limited, a prominent player in the renewable energy sector, is headquartered in India and operates extensively across various regions, including Maharashtra, Rajasthan, and Karnataka. Founded in 2017, the company has rapidly established itself as a leader in solar power generation, focusing on sustainable energy solutions that cater to both commercial and residential needs. Avaada Energy's core offerings include solar photovoltaic (PV) systems, energy storage solutions, and comprehensive project management services. What sets them apart is their commitment to innovation and sustainability, ensuring that their projects not only meet energy demands but also contribute to environmental conservation. With a strong market position, Avaada Energy has achieved significant milestones, including the successful commissioning of numerous large-scale solar projects, reinforcing its reputation as a trusted name in the renewable energy landscape.
DitchCarbon Score
How does Avaada Energy Private Limited'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 Construction Work 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 Energy Private Limited's score of 13 is lower than 90% 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 Energy Private Limited's reported carbon emissions
In 2023, Avaada Energy Private Limited reported total carbon emissions of approximately 91,000,000 kg CO2e. This total comprises Scope 1 emissions of about 184,000 kg CO2e, Scope 2 emissions of approximately 5,329,000 kg CO2e, and Scope 3 emissions of around 85,373,000 kg CO2e. Comparatively, in 2022, the company recorded total emissions of about 12,000,000 kg CO2e, with Scope 1 at approximately 62,000 kg CO2e, Scope 2 at around 3,585,000 kg CO2e, and Scope 3 at about 11,802,000 kg CO2e. The data indicates a significant increase in emissions from 2022 to 2023, particularly in Scope 3 emissions. Avaada Energy has not disclosed any specific reduction targets or initiatives as part of its climate commitments. The company is currently classified as a current subsidiary, and its emissions data is cascaded from its parent organization, Avaada Energy Private Limited. Overall, while Avaada Energy has made strides in reporting its emissions, the absence of defined reduction targets suggests a need for enhanced climate action strategies in alignment with industry standards.
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Avaada Energy Private Limited'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.
Avaada Energy Private Limited has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
