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 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.
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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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| 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.
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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.
