HS Orka
HS Orka, officially known as HS Orka hf., is a leading geothermal energy company headquartered in Iceland. Established in 1975, the company has made significant strides in the renewable energy sector, primarily focusing on geothermal and hydroelectric power generation. With operations concentrated in the Reykjanes Peninsula and the Westfjords, HS Orka harnesses Iceland's abundant geothermal resources to provide sustainable energy solutions. The company is renowned for its innovative approach to energy production, offering unique services such as district heating and electricity generation from renewable sources. HS Orka's commitment to sustainability has positioned it as a key player in the Icelandic energy market, contributing to the country's goal of achieving carbon neutrality. Notable achievements include the development of the Reykjanes geothermal power plant, which exemplifies the company's expertise and dedication to clean energy.
DitchCarbon Score
How does HS Orka'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 Electricity from Other Sources 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
HS Orka's score of 20 is lower than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
HS Orka's reported carbon emissions
In 2023, HS Orka reported total carbon emissions of approximately 94,034 kg CO2e. This figure includes 0.02 kg CO2e from Scope 1 emissions, while Scope 2 and Scope 3 emissions were negligible. The previous year, 2022, saw total emissions of about 98,227 kg CO2e, indicating a reduction in emissions over the year. In 2021, HS Orka's total emissions were approximately 92,741 kg CO2e, with 0.02 kg CO2e from Scope 1 and no reported Scope 2 or Scope 3 emissions. The 2020 emissions were higher at about 108,099 kg CO2e, with Scope 1 emissions accounting for approximately 108,096 kg CO2e and Scope 3 emissions at about 3,000 kg CO2e. The 2019 emissions were reported at approximately 91,882 kg CO2e. Despite these figures, HS Orka has not disclosed any specific reduction targets or climate pledges, indicating a potential area for improvement in their climate commitments. The company continues to monitor and report its emissions, contributing to transparency in its environmental impact.
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Add to project| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 108,096 | 0.00 | 0.00 | 0.00 |
| Scope 2 | - | - | - | - |
| Scope 3 | 3,000 | - | - | - |
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.
HS Orka 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.
