Eqtec Sustainability Profile
Eqtec, officially known as Eqtec plc, is a leading provider of advanced gasification technology, headquartered in Ireland (IE). Founded in 2013, the company has established itself in the renewable energy sector, focusing on the conversion of waste into clean energy solutions. With operational projects across Europe and North America, Eqtec is at the forefront of the waste-to-energy industry. The company’s core offerings include its proprietary gasification technology, which uniquely transforms various waste streams into syngas for power generation. This innovative approach not only addresses waste management challenges but also contributes to carbon reduction efforts. Notable achievements include successful project deployments and partnerships that enhance its market position as a pioneer in sustainable energy solutions.
DitchCarbon Score
How does Eqtec'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 Research 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.
Industry Benchmark
Eqtec's score of 42 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Eqtec's reported carbon emissions
In 2023, EQTEC, headquartered in Ireland (IE), reported total carbon emissions of approximately 573,400,000 kg CO2e for Scope 1, 6,600,000 kg CO2e for Scope 2, and significant contributions from Scope 3 emissions, including 161,000,000 kg CO2e from purchased goods and services and 163,500,000 kg CO2e from waste generated in operations. This data reflects a comprehensive approach to emissions reporting, covering all three scopes. Comparatively, in 2022, EQTEC's emissions were higher, with Scope 1 at 713,700,000 kg CO2e and Scope 2 at 12,700,000 kg CO2e. The Scope 3 emissions also showed substantial figures, including 146,400,000 kg CO2e from purchased goods and services. The trend indicates a reduction in Scope 1 emissions from 2022 to 2023, suggesting potential improvements in operational efficiency or changes in production processes. Despite these figures, EQTEC has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or SBTi commitments. This lack of formal climate pledges may reflect an opportunity for the company to enhance its sustainability strategy and align with industry standards for climate action. Overall, EQTEC's emissions data highlights the importance of ongoing monitoring and potential areas for improvement in their carbon footprint management.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 737,100,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 11,900,000 | 00,000,000 | 0,000,000 |
| Scope 3 | 293,900,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is Eqtec's Industry?
How Carbon Intensive is Eqtec's Location?
Eqtec's Scope 3 Categories Breakdown
Eqtec's Scope 3 emissions, which increased by 24% last year and increased by approximately 34% since 2021, demonstrating supply chain emissions tracking. A significant portion of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 40% of total emissions under the GHG Protocol, with "Waste Generated in Operations" being the largest emissions source at 42% of Scope 3 emissions.
Top Scope 3 Categories
Eqtec's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Eqtec has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
