Cyrq Energy, Inc. Sustainability Profile
Cyrq Energy, Inc., a prominent player in the renewable energy sector, is headquartered in the United States and operates primarily in the geothermal energy industry. Founded in 2008, the company has established itself as a leader in the development and operation of geothermal power plants, with significant projects located in the western regions of the US. Cyrq Energy focuses on harnessing the earth's natural heat to generate sustainable electricity, offering unique solutions that contribute to a cleaner energy future. Their core services include the development, operation, and maintenance of geothermal facilities, which stand out for their efficiency and minimal environmental impact. With a commitment to innovation and sustainability, Cyrq Energy has achieved notable milestones, positioning itself as a key contributor to the growing renewable energy landscape.
DitchCarbon Score
How does Cyrq Energy, Inc.'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
Cyrq Energy, Inc.'s score of 32 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Cyrq Energy, Inc., headquartered in the US, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. The company is a current subsidiary within a corporate family that includes Macquarie Group Limited, which may influence its climate commitments and reporting practices. While Cyrq Energy, Inc. has not established specific reduction targets or initiatives, it is important to note that it inherits climate-related commitments from its parent organisation. The emissions data and climate performance metrics are cascaded from Macquarie Group Limited, which operates at a higher corporate level. This relationship may provide a framework for Cyrq Energy's future climate strategies, although specific details on these initiatives are not disclosed. As part of the broader industry context, companies like Cyrq Energy are increasingly expected to align with global climate goals and adopt sustainable practices. However, without concrete emissions data or defined reduction targets, it remains unclear how Cyrq Energy, Inc. plans to address its carbon footprint and contribute to climate action.
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| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|
| Scope 1 | 477,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 29,767,000 | 00,000,000 | - | - | - | - |
| Scope 3 | 208,337,000 | - | - | 000,000,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is Cyrq Energy, Inc.'s Industry?
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Cyrq Energy, Inc.'s Scope 3 Categories Breakdown
Cyrq Energy, Inc.'s Scope 3 emissions, which increased by 2% last year and increased by approximately 9% since 2020, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 72% of Scope 3 emissions.
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Cyrq Energy, Inc.'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.
Cyrq Energy, Inc. 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.
