Clearway Energy
Clearway Energy Group, headquartered in the United States, is a prominent player in the renewable energy sector, specialising in solar and wind energy solutions. Founded in 2017, the company has rapidly established itself as a leader in the industry, focusing on sustainable energy production across various operational regions, including the United States and parts of Latin America. Clearway Energy offers a diverse portfolio of services, including energy generation, power purchase agreements, and renewable energy project development. What sets Clearway apart is its commitment to innovation and sustainability, driving significant advancements in clean energy technology. With a strong market position, the company has achieved notable milestones, including the successful deployment of large-scale renewable projects that contribute to a greener future.
DitchCarbon Score
How does Clearway Energy'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 Distribution 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
Clearway Energy's score of 25 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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In 2023, Clearway Energy reported total carbon emissions of approximately 540,000,000 kg CO2e for Scope 1 and about 5,400,000 kg CO2e for Scope 2. This marks a reduction from 2022, where emissions were approximately 650,000,000 kg CO2e for Scope 1 and 10,000,000 kg CO2e for Scope 2. Over the past few years, Clearway has demonstrated a commitment to reducing its carbon footprint, with emissions from Scope 1 decreasing from about 840,000,000 kg CO2e in 2020 and 1,200,000,000 kg CO2e in 2019. Clearway Energy has set ambitious climate commitments, aiming for net-zero emissions for both Scope 1 and Scope 2 by 2050. This long-term target reflects the company's dedication to sustainability and aligns with industry standards for climate action. The company is currently on track to meet its reduction goals, as indicated in their recent ESG reports. Overall, Clearway Energy's proactive approach to managing its carbon emissions and setting clear reduction targets positions it as a responsible player in the energy sector, contributing to global efforts to combat climate change.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 1,200,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 100,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 |
| Scope 3 | - | - | - | - | - | - |
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.
Clearway Energy 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.
