Greencoat Renewables Sustainability Profile
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Greencoat Renewables's score of 30 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Greencoat Renewables's reported carbon emissions
In 2023, Greencoat Renewables 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 disclosed any specific reduction targets or initiatives as part of their climate commitments. The absence of SBTi (Science Based Targets initiative) reduction targets suggests that the company has not yet formalised a strategy aligned with global climate goals. The emissions data is not cascaded from any parent organisation, indicating that Greencoat Renewables operates independently in its reporting and climate strategy.
Unlock detailed emissions data
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 |
How Carbon Intensive is Greencoat Renewables's Industry?
How Carbon Intensive is Greencoat Renewables's Location?
Greencoat Renewables'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.
Greencoat Renewables 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.
