Greencoat Renewables, a leading player in the renewable energy sector, is headquartered in Ireland (IE) and primarily operates across the UK and Ireland. Founded in 2010, the company has established itself as a significant investor in renewable energy infrastructure, focusing on wind and solar power projects. Greencoat Renewables is renowned for its unique approach to sustainable energy investment, offering a diversified portfolio of operational assets that deliver long-term, stable returns. The company has achieved notable milestones, including the successful listing on the London Stock Exchange, which underscores its strong market position. With a commitment to environmental sustainability and a proven track record, Greencoat Renewables continues to drive the transition towards a greener future.
How does Greencoat Renewables'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 Wind Power 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.
Greencoat Renewables's score of 27 is higher than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Greencoat Renewables, headquartered in Ireland (IE), reported total carbon emissions of approximately 263,313,000 kg CO2e. This figure includes 13,000 kg CO2e from Scope 1 emissions, 2,162,000 kg CO2e from Scope 2 emissions (with a market-based total of 1,485,000 kg CO2e), and a significant 261,138,000 kg CO2e from Scope 3 emissions. Comparatively, in 2022, the company recorded total emissions of about 138,041,000 kg CO2e, with Scope 1 emissions at 149,000 kg CO2e, Scope 2 emissions at 1,731,000 kg CO2e (market-based total of 1,422,000 kg CO2e), and Scope 3 emissions at 136,161,000 kg CO2e. This indicates a substantial increase in total emissions year-on-year. Greencoat Renewables has not set specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to the Science Based Targets initiative (SBTi). The company’s emissions data is not cascaded from any parent organization, and all reported figures are directly sourced from Greencoat Renewables PLC. The company continues to focus on its renewable energy investments, contributing to the broader climate goals of reducing greenhouse gas emissions within the industry.
Access structured emissions data, company-specific emission factors, and source documents
2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Scope 1 | 15,000 | 00,000 | 000,000 | 00,000 |
Scope 2 | 28,000 | 00,000 | 0,000,000 | 0,000,000 |
Scope 3 | 57,767,000 | 000,000,000 | 000,000,000 | 000,000,000 |
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.
Greencoat Renewables 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.