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Insurance Services
EE
updated 6 months ago

Elektrum

Company website

Elektrum, officially known as Elektrum Eesti AS, is a prominent energy company headquartered in Estonia (EE). Established in 2010, Elektrum has rapidly evolved within the energy sector, focusing on electricity and gas supply, as well as innovative energy solutions. With a strong presence in the Baltic region, the company serves both residential and business customers, offering competitive pricing and reliable service. The core offerings of Elektrum include electricity and gas supply, alongside advanced energy management services that distinguish it from competitors. Notable achievements include a commitment to sustainability and the integration of renewable energy sources into its portfolio. As a key player in the Estonian energy market, Elektrum continues to enhance its reputation through customer-centric solutions and a focus on energy efficiency.

DitchCarbon Score

How does Elektrum'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.

32

Industry Average

Mean score of companies in the Insurance Services 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.

29

Industry Benchmark

Elektrum's score of 32 is higher than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.

55%

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Elektrum's reported carbon emissions

Inherited from Latvenergo AS

As of the latest available data, Elektrum, headquartered in Estonia (EE), does not report specific carbon emissions figures. The company is a current subsidiary of Elektrum Eesti OÜ, which inherits emissions data from its parent company, Latvenergo AS. However, no specific emissions data has been provided for Elektrum itself. In terms of climate commitments, Elektrum has not outlined any specific reduction targets or initiatives. The absence of documented reduction targets suggests that the company may still be in the early stages of formalising its climate strategy. Given the context of the energy sector, it is essential for Elektrum to align with industry standards and best practices in carbon management. As a subsidiary, it may benefit from the broader sustainability initiatives and targets set by Latvenergo AS, although these details have not been explicitly stated. Overall, while Elektrum currently lacks specific emissions data and reduction commitments, its affiliation with Latvenergo AS may provide a framework for future climate action and reporting.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2018201920202021202220232024
Scope 1
1,251,000,000
0,000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
Scope 2
76,000,000
-
-
00,000,000
000,000,000
000,000,000
000,000,000
Scope 3
-
-
-
000,000,000
0,000,000,000
0,000,000,000
0,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Elektrum's primary industry is Insurance and pension funding services, except compulsory social security services (66), which is very low 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 Elektrum is in EE, which has a very high grid carbon intensity relative to other regions.

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.

Elektrum 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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Updated 19 days ago

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