Encavis
Encavis AG, headquartered in Germany, is a prominent player in the renewable energy sector, specialising in the development and operation of solar and wind energy projects. Founded in 2017, the company has rapidly established itself as a leader in the European market, with a significant presence across various operational regions, including Germany, France, and the Nordic countries. Encavis focuses on the acquisition and management of renewable energy assets, offering unique solutions that enhance sustainability and energy efficiency. With a portfolio that includes over 200 solar and wind parks, the company is committed to driving the transition to clean energy. Notably, Encavis has achieved impressive growth milestones, positioning itself as a trusted partner in the renewable energy landscape, dedicated to delivering long-term value and environmental benefits.
DitchCarbon Score
How does Encavis'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 Wind Power 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
Encavis's score of 36 is higher than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Encavis's reported carbon emissions
In 2023, Encavis AG reported total carbon emissions of approximately 285,069,000 kg CO2e. This figure includes 611,000 kg CO2e from Scope 1 emissions, 540,000 kg CO2e from Scope 2 emissions, and 284,918,000 kg CO2e from Scope 3 emissions. The company has demonstrated a commitment to reducing its greenhouse gas emissions significantly, with a target to reduce Scope 1 and Scope 2 emissions by 42% by 2030, using 2020 as the base year. Furthermore, Encavis aims to achieve net-zero emissions by 2040, with an ambitious goal of reducing total emissions (Scope 1, 2, and 3) by 95% from the 2020 baseline by the same year. In previous years, Encavis reported total emissions of approximately 558,644,000 kg CO2e in 2020, with Scope 1 emissions at 20,000 kg CO2e, Scope 2 at 4,744,000 kg CO2e, and Scope 3 at 553,880,000 kg CO2e. In 2021, total emissions remained the same, but Scope 1 increased to 39,000 kg CO2e, and Scope 2 decreased to 3,287,000 kg CO2e. By 2022, the company reported a reduction in total emissions to approximately 326,018,000 kg CO2e, with Scope 1 at 223,000 kg CO2e and Scope 2 at 196,000 kg CO2e. Encavis AG's climate commitments align with the Science Based Targets initiative (SBTi), ensuring that their targets are consistent with the reductions required to limit global warming to 1.5°C. The company is actively measuring and working to reduce its Scope 3 emissions, which represent the majority of its carbon footprint.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 20,000 | 00,000 | 000,000 | 000,000 |
| Scope 2 | 4,744,000 | 0,000,000 | 000,000 | 000,000 |
| Scope 3 | 553,880,000 | 000,000,000 | 000,000,000 | 000,000,000 |
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.
Encavis 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.
