Kelag
Kelag, officially known as Kärntner Elektrizitäts-Aktiengesellschaft, is a prominent energy provider headquartered in Austria (AT). Established in 1923, the company has evolved into a key player in the energy sector, primarily serving the regions of Carinthia and Styria. Kelag focuses on the generation, distribution, and sale of electricity, with a strong emphasis on renewable energy sources, including hydropower and solar energy. Renowned for its commitment to sustainability, Kelag has achieved significant milestones in the transition to green energy, positioning itself as a leader in the Austrian market. The company offers innovative energy solutions tailored to both residential and commercial clients, making it a trusted partner in the energy landscape. With a robust portfolio of services and a dedication to environmental stewardship, Kelag continues to shape the future of energy in Austria.
DitchCarbon Score
How does Kelag'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 Electricity from Other Sources 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
Kelag's score of 26 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Kelag's reported carbon emissions
Kelag, headquartered in Austria, has set ambitious climate commitments to achieve net-zero greenhouse gas emissions across its value chain by 2040. Although specific emissions data for the most recent year is not available, the company has established significant reduction targets based on a 2022 baseline. Kelag aims to reduce its absolute Scope 1 and 2 greenhouse gas emissions by approximately 50.4% by 2032. Additionally, it plans to cut Scope 3 emissions from the use of sold products for fossil fuels by the same percentage within the same timeframe. Notably, Kelag has committed to a 74.0% reduction in Scope 3 emissions from fuel and energy-related activities per megawatt-hour (MWh) by 2032. Furthermore, it targets a 30.0% reduction in Scope 3 emissions related to purchased goods and services, waste generated in operations, business travel, and employee commuting by 2032. In the long term, Kelag aims for a remarkable 90.0% reduction in both Scope 1 and 2 emissions by 2040, alongside a similar 90.0% reduction in Scope 3 emissions. The company also targets a 94.3% reduction in Scope 3 emissions from fuel and energy-related activities covering all sold electricity per MWh by 2040. These commitments align with the Science Based Targets initiative (SBTi) and reflect Kelag's dedication to addressing climate change and promoting sustainability within the energy sector.
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.
Kelag 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.
