Public Profile

Harmony Energy Income Trust

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.

25

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.

25

Industry Benchmark

Harmony Energy Income Trust's score of 25 is higher than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.

70%

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 a significant 153,607,000 kg CO2e from Scope 3 emissions. In the previous year, 2022, the company disclosed Scope 3 emissions of about 1,879,000 kg CO2e, indicating a substantial increase in emissions year-on-year. Despite the lack of specific reduction targets or initiatives outlined in their reports, Harmony Energy Income Trust is committed to addressing its carbon footprint. The absence of documented reduction targets suggests that the company may still be in the early stages of developing a comprehensive climate strategy. As the industry increasingly focuses on sustainability, it is essential for Harmony Energy Income Trust to establish clear commitments and reduction goals to align with global climate objectives.

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20222023
Scope 1
-
-
Scope 2
-
0,000,000
Scope 3
1,879,000
000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Harmony Energy Income Trust's primary industry is Other business services (74), 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. Harmony Energy Income Trust is headquartered in GB, which has a rank of low, indicating low grid carbon 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.

Harmony Energy Income Trust is not committed to any 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.

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

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