Grenergy

Grenergy, headquartered in Spain, reported approximately 276.19 million kg CO2e in total carbon emissions for 2024. This included 733,200 kg CO2e from Scope 1, 70,400 kg CO2e from market-based Scope 2, and about 321.84 million kg CO2e from Scope 3 emissions. In 2023, their total emissions were approximately 228.23 million kg CO2e, comprising 448,900 kg CO2e from Scope 1, 58,900 kg CO2e from market-based Scope 2, and about 227.72 million kg CO2e from Scope 3.

Grenergy is committed to ambitious climate targets. The company aims for carbon neutrality across Scope 1, 2, and 3 emissions by 2040, a decade ahead of many European and national commitments. They also have a near-term target to reduce absolute Scope 1 and Scope 2 GHG emissions by 60% by 2030, using 2021 as the baseline year. Additionally, Grenergy plans to reduce relative Scope 3 emissions (per sales) by 50% by 2030, also with a 2021 baseline.

Grenergy Renovables S.A. has Science Based Targets initiative (SBTi) approved targets, committing to reduce Scope 1 and 2 GHG emissions by 42% by 2030 from a 2021 base year, and to measure and reduce its Scope 3 emissions. As part of its net-zero commitment, Grenergy Renovables S.A. aims to reduce Scope 1, 2, and 3 emissions by 100% by 2050 from a 2021 base year. These SBTi targets were approved using a streamlined validation route for small and medium-sized enterprises (SMEs), and are cascaded from Grenergy Renovables, S.A. as the source organisation.