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 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.
Iwb Industrielle Werke Basel's score of 63 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, IWB Industrielle Werke Basel reported total carbon emissions of approximately 751,566,000 kg CO2e. This figure includes 188,988,000 kg CO2e from Scope 1 emissions, 324,000 kg CO2e from Scope 2, and a significant 562,254,000 kg CO2e from Scope 3 emissions. Compared to 2023, where total emissions were about 791,448,000 kg CO2e, this marks a reduction in overall emissions. IWB has set ambitious climate commitments, aiming for a 45% reduction in greenhouse gas emissions across all scopes (1, 2, and 3) by 2030, using 2021 as the baseline year. Specifically, they are targeting a 69% reduction in absolute Scope 1 emissions from electricity generation by 2030. Additionally, they plan to reduce Scope 3 emissions from the use of sold products by 42% within the same timeframe. These targets align with the Science Based Targets Initiative (SBTi) and reflect IWB's commitment to achieving climate neutrality in its operations by 2030. The company is on track to meet its near-term goals, demonstrating a proactive approach to mitigating climate impact in the energy sector.
Access structured emissions data, company-specific emission factors, and source documents
2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|
Scope 1 | 290,848,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 2 | 53,000 | 000,000 | 000,000 | 000,000 |
Scope 3 | 754,402,000 | 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 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.