Indian Energy Exchange (IEX), headquartered in New Delhi, India, is a leading platform in the energy trading sector. Established in 2008, IEX has revolutionised the electricity market by providing a transparent and efficient trading mechanism for power, renewable energy certificates, and energy saving certificates across the country. Operating primarily in India, IEX facilitates the trading of electricity through its innovative market solutions, including day-ahead and term-ahead markets. The exchange has achieved significant milestones, such as becoming the first power exchange in India to introduce a real-time market, enhancing liquidity and flexibility for participants. With a strong market position, IEX has consistently been at the forefront of the Indian energy landscape, contributing to the growth of renewable energy and promoting sustainable practices. Its unique offerings and commitment to transparency make it a pivotal player in the Indian energy exchange industry.
How does Indian Energy Exchange'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.
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.
Indian Energy Exchange's score of 9 is lower than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, the Indian Energy Exchange reported total carbon emissions of approximately 388,840 kg CO2e, comprising 50,840 kg CO2e from Scope 1, 318,800 kg CO2e from Scope 2, and 216,200 kg CO2e from Scope 3 emissions. This marks a notable increase in emissions compared to 2023, where total emissions were about 348,620 kg CO2e, with Scope 1 at 52,000 kg CO2e and Scope 2 at 296,620 kg CO2e. In 2022, the organisation's emissions were approximately 247,700 kg CO2e, with Scope 1 emissions at 28,820 kg CO2e and Scope 2 at 218,880 kg CO2e. The data indicates a trend of increasing emissions over the years, highlighting the need for effective climate strategies. Despite the lack of specific reduction targets or climate pledges, the Indian Energy Exchange is actively engaged in monitoring and reporting its emissions. The absence of documented reduction initiatives suggests an opportunity for the organisation to establish clear climate commitments and reduction strategies to align with global sustainability goals.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2022 | 2023 | 2024 | |
---|---|---|---|
Scope 1 | 28,820 | 00,000 | 00,000 |
Scope 2 | 218,880 | 000,000 | 000,000 |
Scope 3 | - | - | 000,000 |
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.
Indian Energy Exchange 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.