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 53% 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 carbon emissions of approximately 40,000,000 kg CO2e for the year 2023, with emissions distributed across various scopes: 5,838,000 kg CO2e from Scope 1, 742,000 kg CO2e from Scope 2, and 34,939,000 kg CO2e from Scope 3, specifically related to business travel. This marks a slight increase in Scope 3 emissions compared to 2022, where total emissions were about 38,092,000 kg CO2e, with Scope 1 and 2 emissions at 5,769,000 kg CO2e and 663,000 kg CO2e, respectively. Ingeteam SA has not set specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges, indicating a potential area for future commitment. The company operates as a current subsidiary of Ingeteam SA, inheriting its emissions data and performance metrics. Overall, Ingeteam SA's emissions profile highlights the significant impact of business travel on their carbon footprint, underscoring the need for targeted strategies to address Scope 3 emissions in future sustainability efforts.
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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?
How Carbon Intensive is Ingeteam SA's Location?
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.
