Harmony Energy Income Trust Sustainability Profile
Harmony Energy Income Trust, headquartered in Great Britain, is a prominent player in the renewable energy sector, focusing on energy storage solutions. Founded in 2021, the trust has quickly established itself as a key contributor to the UK's transition towards sustainable energy, with significant operations across various regions. Specialising in battery storage projects, Harmony Energy Income Trust offers unique services that enhance grid stability and support the integration of renewable energy sources. The company’s innovative approach to energy management positions it favourably within the market, allowing it to capitalise on the growing demand for clean energy solutions. With a commitment to delivering long-term value, Harmony Energy Income Trust has achieved notable milestones in its short history, reinforcing its reputation as a leader in the energy storage industry.
DitchCarbon Score
How does Harmony Energy Income Trust'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 Business Services 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
Harmony Energy Income Trust's score of 30 is higher than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Harmony Energy Income Trust's reported carbon emissions
In 2023, Harmony Energy Income Trust reported total carbon emissions of approximately 154,930,000 kg CO2e. This figure includes about 1,323,000 kg CO2e from Scope 2 emissions and approximately 153,607,000 kg CO2e from Scope 3 emissions. Notably, there is no reported data for Scope 1 emissions. In the previous year, 2022, the Trust disclosed Scope 3 emissions of about 1,879,000 kg CO2e. The significant difference in emissions between 2022 and 2023 highlights the Trust's reliance on upstream activities, as indicated by the high Scope 3 figures. Currently, Harmony Energy Income Trust has not set specific reduction targets or climate pledges, nor do they participate in initiatives such as the Science Based Targets initiative (SBTi). The absence of formal commitments suggests a need for further development in their climate strategy. Overall, while the Trust has made strides in emissions reporting, the lack of reduction initiatives indicates an opportunity for enhanced climate action and accountability in the future.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | - | - |
| Scope 2 | - | 0,000,000 |
| Scope 3 | 1,879,000 | 000,000,000 |
How Carbon Intensive is Harmony Energy Income Trust's Industry?
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Harmony Energy Income Trust'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.
Harmony Energy Income Trust 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.
