IWB Industrielle Werke Basel, commonly referred to as IWB, is a leading utility company headquartered in Basel, Switzerland (CH). Established in 1897, IWB has evolved into a key player in the energy and water sectors, primarily serving the Basel region and surrounding areas. The company focuses on providing sustainable energy solutions, including electricity, natural gas, and water services, while also investing in innovative technologies to enhance efficiency and environmental responsibility. IWB is recognised for its commitment to renewable energy, boasting a diverse portfolio that includes hydroelectric power and solar energy initiatives. With a strong market position, IWB has achieved notable milestones in sustainability and customer service, making it a trusted partner for both residential and commercial clients. Through its dedication to quality and innovation, IWB continues to shape the future of energy and water supply in Switzerland.
How does Iwb Industrielle Werke Basel'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.
Mean score of companies in the 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.
Iwb Industrielle Werke Basel's score of 42 is higher than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, IWB Industrielle Werke Basel reported total carbon emissions of approximately 62336000 kg CO2e for Scope 1, 154000 kg CO2e for Scope 2, and 564564000 kg CO2e for Scope 3. This reflects a significant commitment to reducing greenhouse gas emissions across its operations. IWB has set ambitious targets under the Science Based Targets initiative (SBTi), aiming for a 69% reduction in absolute Scope 1 emissions from generated electricity by 2030, using 2021 as the baseline year. Additionally, the company plans to reduce absolute Scope 1 and 3 emissions related to all sold electricity by the same percentage within the same timeframe. Furthermore, IWB commits to a 42% reduction in remaining absolute Scope 1 emissions and a 42% reduction in Scope 3 emissions from the use of sold products, also by 2030. These targets align with industry standards for limiting global warming to 1.5°C, demonstrating IWB's proactive approach to climate action and sustainability in the energy sector.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|
Scope 1 | 350,000 | 000,000 | 000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 42,000 | 00,000 | 000,000 | - | 00,000 | 000,000 | 000,000 |
Scope 3 | - | - | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Iwb Industrielle Werke Basel is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.