Covanta Energy, LLC Sustainability Profile
Covanta Energy, LLC, headquartered in the United States, is a leading player in the waste management and energy recovery industry. Founded in 1980, the company has established itself as a pioneer in converting waste into renewable energy, operating facilities across North America and Europe. Covanta's core services include waste-to-energy solutions, which uniquely transform municipal solid waste into clean, renewable energy while significantly reducing landfill use. The company is recognised for its commitment to sustainability and innovation, having processed millions of tonnes of waste and generated substantial amounts of electricity. With a strong market position, Covanta has achieved notable milestones, including partnerships with various municipalities and a focus on advancing circular economy principles. Its dedication to environmental stewardship and resource recovery continues to set it apart in the industry.
DitchCarbon Score
How does Covanta Energy, LLC'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 Biomass Electricity 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
Covanta Energy, LLC's score of 15 is lower 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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Covanta Energy, LLC's reported carbon emissions
In 2020, Covanta Energy, LLC reported total carbon emissions of approximately 703,000,000 kg CO2e, with Scope 1 emissions accounting for about 391,000,000 kg CO2e and Scope 2 emissions at approximately 246,000,000 kg CO2e. This marked a significant reduction from 2019, when total emissions were about 4,542,000,000 kg CO2e, with Scope 1 emissions at approximately 4,345,000,000 kg CO2e, Scope 2 at about 24,000,000 kg CO2e, and Scope 3 emissions at approximately 124,000,000 kg CO2e. Covanta has set ambitious climate commitments, aiming to reduce its Scope 1 emissions to near zero by 2025 and similarly targeting Scope 2 emissions for the same timeframe. These initiatives reflect the company's commitment to achieving net-zero emissions in the near term, as outlined in their sustainability plans. The emissions data is cascaded from Covanta Energy, LLC, which operates as a current subsidiary, and no SBTi targets have been reported. The company continues to focus on reducing its carbon footprint while enhancing its sustainability practices.
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| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 4,912,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 |
| Scope 2 | 23,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 |
| Scope 3 | 131,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | - |
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Covanta Energy, LLC'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.
Covanta Energy, LLC 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.
