Iwb Industrielle Werke Basel
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.
DitchCarbon Score
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.
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
Iwb Industrielle Werke Basel's score of 63 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Iwb Industrielle Werke Basel's reported carbon emissions
In 2023, IWB Industrielle Werke Basel reported total carbon emissions of approximately 791,448,000 kg CO2e. This figure includes 226,730,000 kg CO2e from Scope 1 emissions, 154,000 kg CO2e from Scope 2, and 564,564,000 kg CO2e from Scope 3 emissions. The company has set ambitious climate commitments, aiming to reduce its overall greenhouse gas emissions by 45% across all scopes (1, 2, and 3) by 2030, using 2021 as the baseline year. Specifically, IWB is committed to a 69% reduction in absolute Scope 1 emissions from electricity generation by 2030. This target is part of their adherence to the Science Based Targets Initiative (SBTi). Additionally, they plan to reduce Scope 3 emissions associated with the use of sold products by 42% within the same timeframe. IWB's emissions data shows a significant increase from previous years, with total emissions of 842,558,000 kg CO2e in 2022 and 104,530,300 kg CO2e in 2020. The company is actively working towards achieving its climate goals, which include becoming climate neutral for Scope 1 emissions outside of operational activities in energy and water production by 2030.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 350,000 | 000,000 | 000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 42,000 | 00,000 | 000,000 | - | 00,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | - | - | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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 participating in some of the initiatives that 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.
