FlexEnergy, Inc.
FlexEnergy, Inc., headquartered in the United States, is a pioneering force in the clean energy sector, specialising in innovative solutions for sustainable power generation. Founded in 2008, the company has established itself as a leader in the development of advanced energy systems, particularly in the areas of distributed energy and waste heat recovery. With a focus on transforming waste into valuable energy, FlexEnergy's core products, including the Flex Power Station, stand out for their efficiency and environmental benefits. The company operates primarily in North America, with significant projects in various industrial sectors, contributing to its strong market position. FlexEnergy's commitment to sustainability and technological advancement has garnered recognition, making it a notable player in the renewable energy landscape.
DitchCarbon Score
How does FlexEnergy, Inc.'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 Steam and Hot Water Supply 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
FlexEnergy, Inc.'s score of 21 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
FlexEnergy, Inc.'s reported carbon emissions
In 2021, FlexEnergy, Inc. reported total carbon emissions of approximately 81,647,000 kg CO2e for Scope 1, 675,084,000 kg CO2e for Scope 2 (market-based), and significant Scope 3 emissions of about 63,316,830,000 kg CO2e. The company has disclosed emissions across all three scopes, indicating a comprehensive approach to carbon accounting. Over the years, FlexEnergy's emissions have shown variability. For instance, in 2020, Scope 1 emissions were about 76,427,000 kg CO2e, while Scope 2 emissions were approximately 639,217,000 kg CO2e, with Scope 3 emissions reaching around 34,384,846,000 kg CO2e. This trend highlights the company's ongoing challenges in managing its carbon footprint. Despite these figures, FlexEnergy has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. This lack of formal commitments may reflect the broader industry context, where many companies are still developing their strategies to address climate change. FlexEnergy's emissions intensity, measured as carbon emissions per dollar of revenue, has shown a gradual decrease, with a reported value of 0.02912 in 2021. This suggests a potential improvement in operational efficiency, although further commitments to reduction targets would enhance their climate strategy.
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| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|---|
| Scope 1 | 73,527,000 | 00,000,000 | 00,000,000 | 000,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 865,993,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 37,829,000 | 000,000,000 | 000,000,000 | 00,000,000,000 | 00,000,000,000 | 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.
FlexEnergy, Inc. is not committed to any 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.
