Iberdrola Australia Limited Sustainability Profile
Iberdrola Australia Limited, a subsidiary of the global energy leader Iberdrola Group, is headquartered in Australia and operates primarily in the renewable energy sector. Founded in 2008, the company has established a strong presence in key operational regions, focusing on wind and solar energy generation. Iberdrola Australia is renowned for its commitment to sustainability, offering innovative solutions that contribute to a cleaner energy future. Its core services include the development, operation, and maintenance of renewable energy projects, setting it apart through advanced technology and a dedication to environmental stewardship. With a significant market position, Iberdrola Australia has achieved notable milestones, including the successful integration of large-scale renewable projects that bolster the country's energy transition. The company continues to play a pivotal role in shaping Australia's energy landscape, driving progress towards a sustainable future.
DitchCarbon Score
How does Iberdrola Australia Limited'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 Transmission 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
Iberdrola Australia Limited's score of 37 is higher than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Iberdrola Australia Limited's reported carbon emissions
In 2024, Iberdrola Australia Limited reported carbon emissions of approximately 85,392,000 kg CO2e for Scope 1 and about 11,392,000 kg CO2e for Scope 2 (market-based). This marks a significant increase from 2023, where emissions were about 45,790,000 kg CO2e for Scope 1 and approximately 9,475,000 kg CO2e for Scope 2 (market-based). The company has not disclosed any Scope 3 emissions data. Iberdrola Australia Limited has set ambitious climate commitments, targeting the complete offset of its Scope 1 and Scope 2 carbon emissions by FY25. This initiative is part of a broader strategy to align with the decarbonisation goals of the electricity sector, which aims for a 60% reduction in emissions from 180 million metric tons per annum to about 70 million metric tons by 2030. The emissions data and climate commitments are cascaded from its parent company, Iberdrola, S.A., reflecting a corporate family relationship that influences its sustainability initiatives. The company is actively working towards achieving these targets while contributing to the overall reduction of carbon emissions in the energy sector.
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| 2019 | |
|---|---|
| Scope 1 | 2,262,000 |
| Scope 2 | 2,626,000 |
| Scope 3 | 374,000 |
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Iberdrola Australia Limited'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.
Iberdrola Australia Limited 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.
