Ingeteam SA Sustainability Profile
Ingeteam SA, a leading global player in the renewable energy sector, is headquartered in Spain (ES) and operates extensively across Europe, North America, and Latin America. Founded in 1972, the company has established itself as a pioneer in the development of electrical engineering solutions, particularly in the fields of solar energy, wind power, and energy storage systems. Ingeteam's core offerings include advanced power conversion systems, control systems, and operation and maintenance services, all designed to optimise energy efficiency and performance. Their innovative technology and commitment to sustainability have positioned them as a trusted partner in the transition to a greener energy landscape. With numerous accolades and a strong market presence, Ingeteam continues to drive advancements in the renewable energy industry, contributing significantly to global energy solutions.
DitchCarbon Score
How does Ingeteam SA'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 Financial Intermediation 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
Ingeteam SA's score of 33 is higher than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Ingeteam SA's reported carbon emissions
Ingeteam SA reported a total of approximately 40,000,000 kg CO2e in carbon emissions for the year 2023, with emissions distributed across various scopes. Specifically, Scope 1 emissions were about 5,838,000 kg CO2e, while Scope 2 emissions totalled approximately 742,000 kg CO2e. Notably, Scope 3 emissions, primarily from business travel, accounted for about 34,939,000 kg CO2e. Comparatively, in 2022, Ingeteam SA's emissions were slightly lower, with Scope 1 at approximately 5,769,000 kg CO2e, Scope 2 at about 663,000 kg CO2e, and Scope 3 emissions from business travel reaching around 38,092,000 kg CO2e. The trend shows a slight increase in Scope 1 and Scope 2 emissions, while Scope 3 emissions decreased. Ingeteam SA has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or SBTi commitments. The company operates as a current subsidiary of a larger corporate family, inheriting emissions data from its parent organisation, which is also Ingeteam SA. Overall, while Ingeteam SA has made strides in reporting its emissions, further commitments and reduction strategies would enhance its climate action profile.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 5,518,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 5,959,000 | 000,000 | 000,000 |
| Scope 3 | 1,252,000 | 00,000,000 | 00,000,000 |
How Carbon Intensive is Ingeteam SA's Industry?
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Ingeteam SA's Scope 3 Categories Breakdown
Ingeteam SA's Scope 3 emissions, which decreased by 8% last year and increased significantly since 2021, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Business Travel" representing nearly all of their reported Scope 3 footprint.
Top Scope 3 Categories
Ingeteam SA'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.
Ingeteam SA has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
