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OrganisationsEnergy Vault
Energy Vault logo

Energy Vault

Electrical Machinery ManufacturingUnited StatesNYSE: NRGV
Last verified 9 months agoenergyvault.com

Energy Vault, a pioneering energy storage company headquartered in the United States, is at the forefront of the renewable energy sector. Founded in 2017, the company has rapidly established itself as a leader in sustainable energy solutions, particularly in the development of innovative gravity-based energy storage systems.

With operations spanning key regions in North America and Europe, Energy Vault's core offerings include its proprietary energy storage technology, which uniquely utilises gravity and kinetic energy to provide reliable, long-duration storage. This approach not only enhances grid stability but also supports the integration of renewable energy sources.

Recognised for its commitment to sustainability, Energy Vault has achieved significant milestones, positioning itself as a vital player in the transition to a cleaner energy future. The company's unique technology and strategic partnerships underscore its role in shaping the energy landscape.

66
DitchCarbon score

+30 vs industry average

Energy Vault’s score of 66 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Industry Intensity

Low

Electrical Machinery Manufacturing has below-average carbon intensity

Industry performance

0.110
20192025

The Electrical Machinery Manufacturing industry has reduced its overall emissions by 37% since 2019

Emissions trajectory 2020 – 2028

000.0M000.0M00.0M00.0M0

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202020212022202320242025202620272028

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Energy Vault's reported carbon emissions

In 2025, Energy Vault reported total carbon emissions of approximately 78,000,000 kg CO2e, comprising 240,500 kg CO2e from Scope 1, 245,800 kg CO2e from Scope 2 (market-based), and 77,496,000 kg CO2e from Scope 3 emissions. The company has set ambitious climate commitments, aiming for net-zero emissions by 2050. Additionally, Energy Vault targets a 50% reduction in Scope 1 and Scope 2 emissions from 2022 levels by 2030, and a 42% reduction in Scope 1 and Scope 2 GHG emissions by 2030 from a 2022 base year, as validated by the Science Based Targets initiative (SBTi). Looking ahead, Energy Vault has also committed to significant long-term reductions, including a 90% decrease in Scope 1, 2, and 3 emissions by 2045 from a 2024 base year. This commitment aligns with the company's strategy to address climate change and contribute to global sustainability efforts. The emissions data is sourced directly from Energy Vault Holdings, Inc., with no cascading from parent organizations.

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Energy Vault’s Climate Goals (2030 & 2050)

No climate goals have been disclosed for Energy Vault yet.

Scope 3 top emissions categories

6 of 15 categories disclosed
Purchased Goods & Services94%
Downstream Transportation & Distribution4%
Business Travel2%
Capital Goods0%
Fuel & Energy Activities0%
Waste Generated in Operations0%
Purchased Goods & Services94%
Downstream Transportation & Distribution4%
Business Travel2%
Capital Goods0%
Fuel & Energy Activities0%
Waste Generated in Operations0%

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Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

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Active
CDP

Carbon Disclosure Project

See details
Not active
THE CLIMATE PLEDGE

The Climate Pledge

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Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

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Not active
RE 100

RE 100

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Not active
Climate Action 100+

Climate Action 100

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Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Energy Vault logoEnergy Vault
USElectrical Machinery Manufacturing
9 months ago
66
Schneider Electric logoSchneider Electric
FRPower, Distribution, and Specialty Transformer Manufacturing
1 day ago
100
View
Siemens logoSiemens
DEAutomatic Environmental Control Manufacturing for Residential, Commercial, and Appliance Use
2 days ago
100
View
Abb logoAbb
CHSwitchgear and Switchboard Apparatus Manufacturing
17 hours ago
92
View
Rheinisch Westfalisches Elektrizitatswerk logoRheinisch Westfalisches Elektrizitatswerk
DEElectricity Distribution
19 days ago
76
View
Samsung logoSamsung
KRSemiconductor and Related Device Manufacturing
3 hours ago
75
View
Vestas logoVestas
DKWind Power
13 hours ago
70
View

Frequently asked questions

Common questions about Energy Vault’s sustainability data and climate commitments

In 2025, Energy Vault reported total carbon emissions of approximately 78 million kg CO₂e. This includes around 240,500 kg CO₂e from Scope 1 emissions, about 245,800 kg CO₂e from Scope 2 emissions, and nearly 77.5 million kg CO₂e from Scope 3 emissions. The significant portion of emissions stems from the supply chain, highlighting the importance of addressing Scope 3 in their sustainability strategy.

Data year: 2025

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