Holaluz

Holaluz, a Spanish company in the Electrical machinery and apparatus n.e.c. industry, reported total carbon emissions of approximately 51,410,000 kg CO2e in 2023. This includes Scope 1 emissions of around 756,000 kg CO2e, Scope 2 emissions (location-based) of about 98,000 kg CO2e, and Scope 3 emissions of approximately 50,654,000 kg CO2e. Key contributors to their Scope 3 emissions were fuel and energy-related activities (around 27,164,000 kg CO2e) and purchased goods and services (approximately 19,753,000 kg CO2e).

In 2022, Holaluz's total emissions were about 122,786,000 kg CO2e, with Scope 1 emissions at approximately 335,000 kg CO2e, Scope 2 emissions (location-based) at around 71,000 kg CO2e, and Scope 3 emissions at about 122,451,000 kg CO2e.

Holaluz-Clidom, S.A. has set Science Based Targets initiative (SBTi) approved net-zero targets. They commit to reaching net-zero greenhouse gas emissions across their value chain by 2040. Their near-term targets include a 42% absolute reduction in Scope 1 and 2 GHG emissions by 2030 from a 2022 base year. Additionally, Holaluz aims to reduce Scope 3 GHG emissions from fuel and energy related activities covering all sold electricity by 70.1% per MWh purchased, and absolute Scope 3 GHG emissions from the use of sold products by 99% within the same timeframe. All other remaining absolute Scope 3 GHG emissions are targeted for a 42% reduction by 2030.

For long-term targets, Holaluz commits to a 90% absolute reduction in Scope 1 and 2 GHG emissions by 2040 from a 2022 base year. They also aim for a 73.6% reduction in Scope 3 GHG emissions from fuel and energy related activities covering all sold electricity per MWh purchased, a 100% absolute reduction in Scope 3 GHG emissions from the use of sold products, and a 90% absolute reduction in all remaining Scope 3 GHG emissions by 2040.