Invinity Energy Systems plc Sustainability Profile
Invinity Energy Systems plc, headquartered in Great Britain, is a leading player in the renewable energy sector, specialising in advanced energy storage solutions. Founded in 2016, the company has rapidly established itself as a pioneer in the development of vanadium flow batteries, which offer unique advantages in scalability and longevity compared to traditional lithium-ion systems. With a focus on large-scale energy storage, Invinity operates primarily in the UK, North America, and Australia, catering to a diverse range of industries including renewable energy, utilities, and commercial sectors. The company’s innovative products are designed to enhance grid stability and support the transition to a sustainable energy future. Notably, Invinity has achieved significant milestones, including successful deployments of its energy storage systems, solidifying its position as a trusted partner in the global energy landscape.
DitchCarbon Score
How does Invinity Energy Systems plc'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 Electrical Machinery Manufacturing 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
Invinity Energy Systems plc's score of 44 is higher than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Invinity Energy Systems plc's reported carbon emissions
Invinity Energy Systems plc reported a total carbon emissions of approximately 6,000,000 kg CO2e for the year 2023, with emissions distributed across all three scopes: 1,000,000 kg CO2e from Scope 1, 2,000,000 kg CO2e from Scope 2, and 3,000,000 kg CO2e from Scope 3. This represents a decrease from 2022, when total emissions were about 7,200,000 kg CO2e, with similar distributions across the scopes (1,200,000 kg CO2e for Scope 1, 2,400,000 kg CO2e for Scope 2, and 3,600,000 kg CO2e for Scope 3). For 2024, Invinity has not disclosed specific emissions data, but they have reported a group carbon intensity of 0.03361 kg CO2e per GBP of revenue. The company has not set any documented reduction targets or climate pledges, nor do they have any initiatives such as SBTi targets or CDP disclosures. Overall, Invinity Energy Systems plc is actively monitoring its carbon footprint but currently lacks formal commitments to reduce emissions or specific reduction initiatives.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 1,200,000 | 0,000,000 |
| Scope 2 | 2,400,000 | 0,000,000 |
| Scope 3 | 3,600,000 | 0,000,000 |
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Invinity Energy Systems plc'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.
Invinity Energy Systems plc has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
