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 21 is higher than 55% 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 million kg CO2e, comprising about 391 million kg CO2e from Scope 1 and about 246 million kg CO2e from Scope 2 emissions. Notably, the company has not disclosed any Scope 3 emissions data for this year. 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 significant reductions in its carbon footprint in the near term. Historically, Covanta's emissions have fluctuated, with total emissions recorded at approximately 4.59 billion kg CO2e in 2018 and about 4.54 billion kg CO2e in 2019. The company has inherited its emissions data from its parent organisation, Covanta Energy, LLC, as part of its corporate family relationship. Overall, Covanta Energy, LLC is actively working towards substantial emissions reductions, aligning with industry standards and climate terminology to address climate change effectively.
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| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | |
|---|---|---|---|---|---|---|
| Scope 1 | 4,744,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 |
| Scope 2 | 8,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 |
| Scope 3 | 112,000,000 | 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.
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