Holaluz Sustainability Profile
Holaluz, officially known as Holaluz Clidom, is a pioneering renewable energy company headquartered in Barcelona, Spain. Founded in 2010, Holaluz has established itself as a leader in the energy sector, focusing on providing 100% green electricity to residential and business customers across Spain. The company’s core offerings include electricity supply, solar energy solutions, and energy management services, all designed to promote sustainability and reduce carbon footprints. Holaluz distinguishes itself through its commitment to transparency and customer empowerment, enabling users to track their energy consumption in real-time. With a strong market position, Holaluz has garnered recognition for its innovative approach to renewable energy, contributing significantly to Spain's transition towards a more sustainable energy model.
DitchCarbon Score
How does Holaluz'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 Electrical Machinery 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
Holaluz's score of 62 is higher than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Holaluz's reported carbon emissions
In 2023, Holaluz reported significant carbon emissions, with Scope 2 emissions amounting to approximately 51,410,000 kg CO2e and Scope 3 emissions totalling about 27,164,000 kg CO2e. The breakdown of Scope 3 emissions includes business travel (approximately 2,439,000 kg CO2e), purchased goods and services (about 19,753,000 kg CO2e), and fuel and energy-related activities (approximately 27,164,000 kg CO2e). Holaluz has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across its value chain by 2040. The company has established near-term targets to reduce absolute Scope 1 and 2 emissions by 42% by 2030 from a 2022 baseline. Additionally, it aims to reduce Scope 3 emissions from fuel and energy-related activities by 70.1% per MWh of electricity purchased and achieve a 99% reduction in emissions from the use of sold products within the same timeframe. Long-term goals include a 90% reduction in absolute Scope 1 and 2 emissions by 2040 and a 100% reduction in Scope 3 emissions from the use of sold products. Holaluz's targets are aligned with the Science Based Targets initiative (SBTi) and are classified as consistent with limiting global warming to 1.5°C.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | - | - | - |
| Scope 2 | - | 000,000,000 | 00,000,000 |
| Scope 3 | 71,256,000 | 000,000,000 | 00,000,000 |
How Carbon Intensive is Holaluz's Industry?
How Carbon Intensive is Holaluz's Location?
Holaluz's Scope 3 Categories Breakdown
Holaluz's Scope 3 emissions, which decreased by 59% last year and decreased by approximately 29% since 2021, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Fuel and Energy Related Activities" being the largest emissions source at 54% of Scope 3 emissions.
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Holaluz'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.
Holaluz has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
Frequently Asked Questions
Common questions about Holaluz's sustainability data and climate commitments