Grupo Iren
Grupo Iren, also known as Iren Group, is a prominent player in the energy and utilities sector, headquartered in Spain. Established in 2000, the company has rapidly expanded its operations across key regions, including Italy and various parts of Spain, solidifying its position in the market. Specialising in electricity, gas distribution, and integrated water services, Grupo Iren is recognised for its commitment to sustainability and innovation. The company offers unique solutions that enhance energy efficiency and promote environmental responsibility, setting it apart from competitors. With a strong focus on customer satisfaction and technological advancement, Grupo Iren has achieved significant milestones, including numerous awards for its service excellence. As a leader in the energy transition, the company continues to drive progress in the industry, making it a vital contributor to the sustainable development of the regions it serves.
DitchCarbon Score
How does Grupo Iren'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 Food Product 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.
Industry Benchmark
Grupo Iren's score of 11 is lower than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Grupo Iren's reported carbon emissions
In 2021, Grupo Iren reported total greenhouse gas emissions of approximately 8,707,235,000 kg CO2e. This figure includes 3,978,362,000 kg CO2e from Scope 1 emissions, which primarily arise from direct operations, and 31,074,000 kg CO2e from Scope 2 emissions, related to purchased electricity. Additionally, Scope 3 emissions accounted for about 4,697,799,000 kg CO2e, encompassing various indirect emissions such as those from the use of sold products and purchased goods and services. For 2023, Grupo Iren disclosed minimal emissions, with Scope 1 emissions at approximately 300 kg CO2e and Scope 3 emissions from purchased goods and services at about 1,100 kg CO2e, alongside 1,740 kg CO2e from fuel and energy-related activities. Grupo Iren has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 greenhouse gas emissions by 42% by 2030, using 2021 as the baseline year. This target has been validated by the Science Based Targets initiative (SBTi) and aligns with the goal of limiting global warming to 1.5°C. The company is also committed to measuring and reducing its Scope 3 emissions, reflecting a comprehensive approach to tackling its carbon footprint.
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Add to project| 2021 | 2023 | |
|---|---|---|
| Scope 1 | 3,978,362,000 | 0.0 |
| Scope 2 | 31,074,000 | - |
| Scope 3 | 4,697,799,000 | 0,000 |
Industry emissions intensity
Location emissions intensity
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.
Grupo Iren is committed to some reduction initiatives 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.
