Cloudberry Clean Energy

Cloudberry Clean Energy's reported carbon emissions

In 2025, Cloudberry Clean Energy reported total carbon emissions of approximately 1.68 million kg CO2e, comprising 10,000 kg CO2e from Scope 1, 949,000 kg CO2e from Scope 2, and 721,000 kg CO2e from Scope 3 emissions. This represents a significant reduction from 2024, where total emissions were approximately 8.34 million kg CO2e, with Scope 1 emissions at 10,000 kg CO2e, Scope 2 at 1,262,000 kg CO2e, and a substantial 7.07 million kg CO2e from Scope 3. Cloudberry Clean Energy has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 emissions by 42% by 2030 from a 2022 baseline. Additionally, the company has committed to achieving net-zero emissions across all scopes by 2040, with a target to reduce total emissions (Scope 1, 2, and 3) by 90% from 2022 levels by the same year. These targets have been validated by the Science Based Targets Initiative (SBTi), ensuring alignment with global climate goals. The company has also achieved net-zero emissions in its own operations (Scope 1 and 2) since 2020, primarily through initiatives such as restoring mangrove forests to sequester CO2. Cloudberry Clean Energy's proactive approach to emissions reduction and commitment to sustainability positions it as a leader in the electric utilities sector, particularly in Norway.