Colbun Sustainability Profile
Colbún S.A., commonly referred to as Colbún, is a prominent player in the Chilean energy sector, headquartered in Santiago, Chile. Founded in 1996, the company has established itself as a leader in the generation and distribution of electricity, primarily focusing on renewable energy sources. With a diverse portfolio that includes hydroelectric, thermal, and solar power, Colbún is committed to sustainable practices and innovation in energy production. Operating mainly in the central and southern regions of Chile, Colbún has achieved significant milestones, including the expansion of its renewable energy capacity. The company is recognised for its unique approach to integrating technology and environmental stewardship, positioning itself as a key contributor to Chile's energy transition. With a strong market presence, Colbún continues to drive advancements in the energy industry, making it a vital player in the region's economic landscape.
DitchCarbon Score
How does Colbun'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
Colbun's score of 31 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Colbun's reported carbon emissions
In 2023, Colbun, headquartered in Chile, reported significant carbon emissions totalling approximately 1,220,923,000 kg CO2e for Scope 1, 866,000 kg CO2e for Scope 2, and 745,000 kg CO2e for Scope 3. This data reflects their global operations, with a total of about 2,222,634,000 kg CO2e emitted across all scopes. Comparatively, in 2022, Colbun's emissions were higher, with Scope 1 emissions at approximately 4,292,681,000 kg CO2e, Scope 2 at 6,888,000 kg CO2e, and Scope 3 at 28,217,000 kg CO2e, indicating a notable reduction in emissions year-on-year. Colbun has not publicly committed to specific reduction targets or initiatives, as there are no documented SBTi (Science Based Targets initiative) reduction targets or climate pledges. The absence of formal reduction commitments suggests that while the company is actively reporting its emissions, it may not yet have established a structured approach to emissions reduction. Overall, Colbun's emissions data demonstrates a commitment to transparency in reporting, although further steps may be needed to align with industry standards for climate action and reduction targets.
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| 2012 | 2013 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 3,048,858,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 42,062,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 21,405,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
How Carbon Intensive is Colbun's Industry?
How Carbon Intensive is Colbun's Location?
Colbun'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.
Colbun 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.
