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Public Profile
Electricity Transmission
VE
updated 6 months ago

CVG Electrificación del Caroní, C.A.

Company website

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.

DitchCarbon Score

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.

10

Industry Average

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.

18

Industry Benchmark

CVG Electrificación del Caroní, C.A.'s score of 10 is lower than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.

15%

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CVG Electrificación del Caroní, C.A.'s reported carbon emissions

CVG Electrificación del Caroní, C.A., headquartered in Venezuela (VE), currently does not report any carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Furthermore, the company has not established any documented reduction targets or commitments to climate initiatives, such as those outlined by the Science Based Targets initiative (SBTi). As there are no emissions or reduction initiatives reported, it is unclear how CVG Electrificación del Caroní, C.A. is addressing its carbon footprint or contributing to climate action. The lack of data may suggest an opportunity for the company to develop and communicate its climate commitments more effectively, aligning with industry standards and expectations for transparency in emissions reporting.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. CVG Electrificación del Caroní, C.A.'s primary industry is Transmission services of electricity, which is medium in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for CVG Electrificación del Caroní, C.A. is in VE, which we do not have grid emissions data for.

Reduction initiatives & disclosure networks

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 participating in any of the initiatives that 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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