Encevo S.A

Encevo S.A., headquartered in Luxembourg and operating in the Electricity by solar thermal industry, reported its most recent emissions data for 2025. In that year, its total emissions were approximately 6.92 billion kg CO2e. This included Scope 1 emissions of about 45,206 kg CO2e, Scope 2 (market-based) emissions of approximately 11,412 kg CO2e, and Scope 3 emissions totalling around 6.86 billion kg CO2e. Key categories contributing to Scope 3 emissions were the use of sold products (about 2.26 billion kg CO2e) and fuel and energy-related activities (approximately 3.97 billion kg CO2e).

Looking back, in 2024, Encevo's total emissions were higher at approximately 8.13 billion kg CO2e. This consisted of Scope 1 emissions of about 50,082 kg CO2e, Scope 2 (market-based) emissions of approximately 38,227 kg CO2e, and Scope 3 emissions of around 8.04 billion kg CO2e.

For 2023, the company reported Scope 1 emissions of about 60.31 million kg CO2e, Scope 2 (location-based) emissions of approximately 55.25 million kg CO2e, and Scope 3 emissions of around 7.39 billion kg CO2e.

Encevo has committed to several climate targets. They aim to achieve carbon neutrality by 2050, with an interim target of a 50% reduction by 2030 across all scopes. Specifically, the company is targeting a 50% reduction in Scope 1 and Scope 2 (location-based) GHG emissions by 2030, based on a 2024 baseline. Additionally, they aim for a 30% reduction in Scope 3 GHG emissions by 2030. There is also a near-term plan to achieve zero emissions from the leasing fleet by 2025 for both Scope 1 and Scope 2.