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Public Profile
Financial Intermediation
ES
updated 17 days ago

Ingeteam SA Sustainability Profile

Company website

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.

39

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.

32

Industry Benchmark

Ingeteam SA's score of 39 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.

59%

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Ingeteam SA's reported carbon emissions

Ingeteam SA, headquartered in Spain, reported a total carbon emissions figure of approximately 38.1 million kg CO2e for the year 2023. This total comprises 2,588,000 kg CO2e from Scope 1 emissions, 603,000 kg CO2e from Scope 2 emissions, and 34,939,000 kg CO2e from Scope 3 emissions, primarily attributed to business travel. Comparatively, in 2022, Ingeteam SA's total emissions were approximately 41.5 million kg CO2e, with Scope 1 emissions at 2,649,000 kg CO2e, Scope 2 at 741,000 kg CO2e, and Scope 3 at 38,092,000 kg CO2e. This indicates a reduction in total emissions of about 3.4 million kg CO2e from 2022 to 2023. Ingeteam SA has not publicly disclosed specific reduction targets or initiatives, such as those aligned with the Science Based Targets initiative (SBTi). The company operates as a current subsidiary, and its emissions data is cascaded from its own reporting without any inherited targets from a parent organization. Overall, Ingeteam SA's commitment to addressing carbon emissions reflects a growing awareness of climate impact within the industry, although further details on specific climate pledges or reduction strategies are not available.

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Access structured emissions data, company-specific emission factors, and source documents

202120222023
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?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Ingeteam SA's primary industry is Financial Intermediation, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Ingeteam SA's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Ingeteam SA is in ES, which has a low grid carbon intensity relative to other regions.

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

2023
Business Travel
100%

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Ingeteam SA's Emissions with Industry Peers

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Updated 6 days ago

Montnets Cloud Technology Group Co., Ltd.

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•
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Updated 8 days ago

S&C Electric Company

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•
Electricity nec
Updated about 1 month ago

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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