Axpo Holding
Axpo Holding AG, headquartered in Switzerland (CH), is a leading player in the energy sector, specialising in renewable energy, electricity trading, and energy solutions. Founded in 2001, Axpo has established itself as a key provider of sustainable energy across Europe, with significant operations in Germany, Italy, and France. The company is renowned for its innovative approach to energy production, focusing on hydropower, wind, and solar energy, which sets it apart in a competitive market. Axpo's commitment to sustainability and its extensive portfolio of services, including energy management and trading, have positioned it as a trusted partner for businesses and municipalities alike. With a strong emphasis on technological advancement and customer-centric solutions, Axpo Holding continues to achieve notable milestones, reinforcing its status as a frontrunner in the transition to a greener energy future.
DitchCarbon Score
How does Axpo Holding'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
Axpo Holding's score of 48 is higher than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Axpo Holding's reported carbon emissions
In 2023, Axpo Holding, headquartered in Switzerland (CH), reported total carbon emissions of approximately 1,852,894,000 kg CO2e. This figure includes 987,903,000 kg CO2e from Scope 1 emissions, 335,844,000 kg CO2e from Scope 2 emissions, and 820,073,000 kg CO2e from Scope 3 emissions. Over the years, Axpo has demonstrated a commitment to reducing its carbon footprint. In 2022, the company recorded total emissions of about 2,912,124,000 kg CO2e, indicating a significant reduction in emissions in 2023. The company has not specified any formal reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges, suggesting a need for clearer commitments in this area. In the Swiss context, Axpo's emissions for 2023 included 35,323,000 kg CO2e from Scope 1, 328,805,000 kg CO2e from Scope 2, and 30,113,000 kg CO2e from Scope 3, totalling approximately 371,893,000 kg CO2e for Scope 1 and 2 combined. Overall, while Axpo Holding has made strides in reducing its emissions, the absence of defined reduction targets highlights an opportunity for the company to enhance its climate commitments and align with industry standards for sustainability.
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| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 1,980,150,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 | 0,000,000,000 |
| Scope 2 | 65,760,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 |
| Scope 3 | 22,980,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
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.
Axpo Holding is not committed to any reduction initiatives 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.
