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 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Encavis's reported carbon emissions
In 2023, Encavis AG reported total carbon emissions of approximately 285,069,000 kg CO2e, with emissions distributed across various scopes: 611,000 kg CO2e from Scope 1, 540,000 kg CO2e from Scope 2, and 284,918,000 kg CO2e from Scope 3. This represents a significant reduction from previous years, particularly in Scope 3 emissions, which were about 326,018,000 kg CO2e in 2022 and 471,581,000 kg CO2e in 2021. Encavis has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 greenhouse gas emissions by 42% by 2030, using 2020 as the base year. Furthermore, the company is committed to achieving net-zero emissions by 2040, with a target to reduce total emissions (Scope 1, 2, and 3) by 95% from the same base year. These targets have been validated by the Science Based Targets initiative (SBTi), aligning with the goal of limiting global warming to 1.5°C. Overall, Encavis AG is actively working towards a more sustainable future, demonstrating a strong commitment to reducing its carbon footprint and addressing climate change.
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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 committed to some reduction initiatives 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.
