CVG Electrificación del Caroní, C.A., commonly referred to as CVG ELCAR, is a leading player in the Venezuelan energy sector, headquartered in Ciudad Guayana, Venezuela. Established in 1975, the company has made significant strides in the electrification industry, focusing on the generation and distribution of electricity across key operational regions in the country. Specialising in hydroelectric power generation, CVG ELCAR is renowned for its commitment to sustainable energy solutions, leveraging the abundant water resources of the Caroní River. The company has achieved notable milestones, including the development of major hydroelectric plants that contribute significantly to Venezuela's energy grid. With a strong market position, CVG ELCAR continues to innovate, ensuring reliable and efficient energy supply while prioritising environmental stewardship.
How does CVG Electrificación del Caroní, C.A.'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.
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.
CVG Electrificación del Caroní, C.A.'s score of 10 is lower than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
CVG Electrificación del Caroní, C.A., headquartered in Venezuela, currently does not have available carbon emissions data for recent years, as no specific emissions figures have been provided. Consequently, there are no documented Scope 1, 2, or 3 emissions to report. In the absence of specific emissions data, it is important to note that the company has not outlined any formal reduction targets or climate commitments. This lack of information suggests that CVG Electrificación del Caroní, C.A. may still be in the early stages of developing a comprehensive climate strategy or may not have publicly disclosed their initiatives. As the global focus on climate action intensifies, it is crucial for companies in the energy sector to establish clear emissions reduction goals and engage in sustainable practices. Without specific data or commitments, it remains unclear how CVG Electrificación del Caroní, C.A. plans to address its carbon footprint and contribute to broader climate goals.
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
CVG Electrificación del Caroní, C.A. is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.