Globeleq Generation Limited, a prominent player in the renewable energy sector, is headquartered in Great Britain and operates extensively across Africa and Latin America. Founded in 2002, the company has established itself as a leader in the development, operation, and management of power generation assets, focusing primarily on renewable energy sources such as wind, solar, and hydroelectric power. Globeleq's commitment to sustainable energy solutions is reflected in its diverse portfolio, which includes several high-capacity projects that contribute significantly to local economies and energy security. With a strong emphasis on innovation and efficiency, Globeleq has achieved notable milestones, including the successful commissioning of multiple renewable energy facilities. As a result, the company is well-positioned in the market, recognised for its expertise and dedication to advancing clean energy initiatives globally.
How does Globeleq Generation Limited'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.
Mean score of companies in the Real Estate 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.
Globeleq Generation Limited's score of 15 is lower than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Globeleq Generation Limited reported a greenhouse gas intensity of approximately 403,000 kg CO2e per GWh produced. This figure reflects the company's commitment to monitoring its carbon emissions, although specific Scope 1, 2, and 3 emissions data have not been disclosed. Comparatively, in 2022, the greenhouse gas intensity was about 394,000 kg CO2e per GWh, while in 2021, it was approximately 407,000 kg CO2e per GWh. This indicates a slight improvement in emissions intensity over the years, showcasing a trend towards reduced carbon output in their electricity generation. Globeleq has not set specific reduction targets or initiatives, nor have they reported any commitments through frameworks such as the Science Based Targets initiative (SBTi). The absence of documented reduction initiatives suggests that while the company is tracking its emissions, it may not yet have formalised strategies for significant reductions. Overall, Globeleq Generation Limited is actively engaged in assessing its carbon emissions, but further commitments and detailed reduction strategies would enhance its climate action profile.
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.
Globeleq Generation Limited is not participating in any of the initiatives that 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.