Public Profile

Greenvolt Power

Greenvolt Power, officially known as Greenvolt – Energias Renováveis, S.A., is a leading player in the renewable energy sector, headquartered in Portugal (PT). Founded in 2020, the company has rapidly established itself in the biomass and solar energy markets, focusing on sustainable solutions that contribute to a greener future. With operations extending across Europe, Greenvolt Power offers innovative products and services, including biomass power generation and solar energy solutions, distinguished by their commitment to efficiency and environmental responsibility. The company has achieved significant milestones, positioning itself as a key contributor to the transition towards renewable energy. Recognised for its dedication to sustainability, Greenvolt Power continues to expand its market presence, driving advancements in clean energy technology and reinforcing its status as a trusted name in the industry.

DitchCarbon Score

How does Greenvolt Power'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.

39

Industry Average

Mean score of companies in the Pharmaceutical Preparation Manufacturing 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.

30

Industry Benchmark

Greenvolt Power's score of 39 is higher than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.

73%

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Greenvolt Power's reported carbon emissions

In 2023, Greenvolt Power reported total carbon emissions of approximately 73,409,000 kg CO2e, comprising 38,422,000 kg CO2e from Scope 1, 1,471,000 kg CO2e from Scope 2, and 73,409,000 kg CO2e from Scope 3 emissions. This represents a decrease from 2022, where total emissions were about 66,000,000 kg CO2e, with Scope 1 emissions at 39,256,000 kg CO2e and Scope 2 at 1,132,000 kg CO2e. The company has demonstrated a commitment to reducing its carbon footprint, achieving a reduction in Scope 1 emissions from 44,251,000 kg CO2e in 2021 to 38,422,000 kg CO2e in 2023. However, there are currently no specific reduction targets or initiatives disclosed under the Science Based Targets initiative (SBTi) or other climate pledges. Greenvolt's emissions profile indicates a significant reliance on upstream activities, particularly in Scope 3, which accounted for the majority of their emissions. The company continues to focus on improving its carbon intensity, achieving a carbon intensity ratio of 32 kg CO2e per MWh of electricity produced in 2023, down from 34 kg CO2e per MWh in 2022. Overall, Greenvolt Power is actively working towards enhancing its sustainability practices while addressing its carbon emissions across all scopes.

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202120222023
Scope 1
44,251,000
00,000,000
00,000,000
Scope 2
1,012,000
0,000,000
0,000,000
Scope 3
161,428,000
00,000,000
00,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Greenvolt Power's primary industry is Pharmaceutical Preparation Manufacturing, which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Greenvolt Power is in PT, which has a low grid carbon intensity relative to other regions.

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.

Greenvolt Power 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers