Diamond Energy
Diamond Energy, officially known as Diamond Energy Pty Ltd, is a prominent Australian energy retailer headquartered in Australia. Established in 2005, the company has made significant strides in the renewable energy sector, focusing on providing sustainable electricity solutions across various regions, including New South Wales, Victoria, and Queensland. Specialising in green energy, Diamond Energy offers a range of services, including electricity supply, solar energy solutions, and energy management systems. What sets them apart is their commitment to sourcing 100% renewable energy, ensuring that customers can reduce their carbon footprint while enjoying reliable service. With a strong market position, Diamond Energy has garnered recognition for its innovative approach to energy retailing and its dedication to environmental sustainability, making it a key player in Australia's transition to a greener energy future.
DitchCarbon Score
How does Diamond Energy'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 Electrical Machinery Manufacturing 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
Diamond Energy's score of 14 is lower than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Diamond Energy's reported carbon emissions
In 2023, Diamond Energy Pty Ltd, headquartered in Australia, has not disclosed specific carbon emissions data. However, the company has set ambitious climate commitments, aiming to reduce its absolute Scope 1 and Scope 2 greenhouse gas (GHG) emissions by 30% by the year 2030, using 2018 as the base year. This target aligns with the Science Based Targets initiative (SBTi) and is classified as consistent with the reductions required to limit global warming to well below 2°C. Diamond Energy is also committed to measuring and reducing its Scope 3 emissions, although specific targets for these emissions have not been detailed. The company's proactive approach reflects its dedication to sustainability within the electric utilities and independent power producers sector. As of now, there are no reported emissions figures inherited from a parent company or related organization, indicating that all data and commitments are self-reported by Diamond Energy. The company continues to focus on enhancing its renewable energy initiatives while striving to meet its climate goals.
Industry emissions intensity
Location emissions intensity
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.
Diamond Energy is participating in some 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.
