Blue Energy Limited Sustainability Profile
Blue Energy Limited, headquartered in Australia, is a leading player in the renewable energy sector, specialising in the development and operation of clean energy projects. Founded in 2009, the company has made significant strides in harnessing natural resources, particularly in the fields of wind and solar energy, with a focus on sustainable solutions that meet the growing demand for green power. With major operational regions across Australia, Blue Energy Limited is committed to delivering innovative energy solutions that stand out in the competitive market. Their core offerings include renewable energy generation and energy storage systems, designed to provide reliable and efficient power. The company has achieved notable milestones, positioning itself as a key contributor to Australia's transition towards a low-carbon economy.
DitchCarbon Score
How does Blue Energy 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 Crude Oil Extraction 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
Blue Energy Limited's score of 16 is lower than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Blue Energy Limited's reported carbon emissions
In 2023, Blue Energy Limited reported total carbon emissions of approximately 3,233,000,000 kg CO2e, with significant contributions from Scope 3 emissions, which accounted for about 3,102,331,000 kg CO2e. Scope 1 emissions were approximately 142,025,000 kg CO2e, primarily from mobile combustion (about 86,024,000 kg CO2e), while Scope 2 emissions totalled around 49,000 kg CO2e. In 2022, the company’s emissions were approximately 2,055,229,000 kg CO2e globally, with Scope 1 emissions at about 82,805,000 kg CO2e and Scope 2 emissions at approximately 65,000 kg CO2e. Notably, Blue Energy Limited has set ambitious climate commitments, including a target to achieve a 12% reduction in aggregated steelmaking emission intensity by 2030, based on a FY2018 baseline. This target is part of their broader strategy to reach net zero emissions by 2050. The company is currently undertaking significant initiatives, such as the construction of a NZ$300 million Electric Arc Furnace (EAF) in New Zealand, co-funded by the New Zealand Government, which is expected to play a crucial role in their long-term emissions reduction strategy. Overall, Blue Energy Limited is actively working towards reducing its carbon footprint through targeted initiatives and commitments, aligning with industry standards for climate action.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 49,525,000 | 00,000,000 | 000,000,000 |
| Scope 2 | 143,000 | 00,000 | 00,000 |
| Scope 3 | - | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is Blue Energy Limited's Industry?
How Carbon Intensive is Blue Energy Limited's Location?
Blue Energy Limited's Scope 3 Categories Breakdown
Blue Energy Limited's Scope 3 emissions, which increased by 51% last year and increased by approximately 51% since 2022, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 93% of Scope 3 emissions.
Top Scope 3 Categories
Blue Energy 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.
Blue Energy Limited 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.
