Cloudberry Clean Energy Sustainability Profile
Cloudberry Clean Energy, headquartered in Norway, is a prominent player in the renewable energy sector, specialising in the development and operation of hydropower and wind energy projects. Founded in 2017, the company has rapidly established itself as a leader in sustainable energy solutions across Scandinavia and the broader European market. With a focus on environmentally friendly energy production, Cloudberry Clean Energy offers unique services that include the management of renewable energy assets and the optimisation of energy production. Their commitment to sustainability and innovation has positioned them as a key contributor to the transition towards a greener economy. Notable achievements include significant project completions and a growing portfolio of operational assets, reinforcing their market position in the competitive clean energy landscape.
DitchCarbon Score
How does Cloudberry Clean 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 Transmission 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
Cloudberry Clean Energy's score of 53 is higher than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Cloudberry Clean Energy's reported carbon emissions
In 2024, Cloudberry Clean Energy reported total carbon emissions of approximately 5,574,000 kg CO2e. This includes Scope 1 emissions of about 10,000 kg CO2e, Scope 2 emissions of approximately 940,000 kg CO2e (market-based), and a significant Scope 3 total of around 5,520,000 kg CO2e. The previous year, 2023, saw total emissions of about 15,492,000 kg CO2e, with Scope 1 at 7,000 kg CO2e, Scope 2 at approximately 455,000 kg CO2e, and Scope 3 emissions at around 15,441,000 kg CO2e. Cloudberry Clean Energy has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 emissions by 30% from 2022 levels by 2025. Additionally, the company has committed to a 42% reduction in these emissions by 2030. Long-term goals include achieving net-zero emissions across all scopes by 2040, with a target to reduce total emissions (Scope 1, 2, and 3) by 90% from a 2022 baseline by 2040. Notably, Cloudberry has already reached net-zero emissions in its own operations (Scope 1 and 2) since 2020 through initiatives such as restoring mangrove forests. These commitments align with the Science Based Targets Initiative (SBTi) standards, reflecting Cloudberry's dedication to sustainable practices in the energy sector.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | - | - | 0,000 | 0,000 | 00,000 |
| Scope 2 | 9,100 | 00,000 | 00,000 | 000,000 | 000,000 |
| Scope 3 | 6,978,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 |
How Carbon Intensive is Cloudberry Clean Energy's Industry?
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Cloudberry Clean Energy's Scope 3 Categories Breakdown
Cloudberry Clean Energy's Scope 3 emissions, which decreased by 64% last year and decreased by approximately 21% since 2020, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Capital Goods" being the largest emissions source at 97% of Scope 3 emissions.
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Cloudberry Clean Energy'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.
Cloudberry Clean Energy 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.
