Larderello Group
Larderello Group, headquartered in Italy, is a prominent player in the renewable energy sector, specialising in geothermal energy production. Founded in the early 20th century, the company has established itself as a leader in sustainable energy solutions, with significant operations across Italy and other key regions globally. The group is renowned for its innovative geothermal power plants, which harness the Earth's natural heat to generate electricity. This unique approach not only contributes to reducing carbon emissions but also positions Larderello Group as a pioneer in the transition to renewable energy sources. With a strong commitment to sustainability, the company has achieved notable milestones, including expanding its operational capacity and enhancing its technological capabilities. Larderello Group's dedication to excellence and sustainability has solidified its market position, making it a trusted name in the geothermal energy industry.
DitchCarbon Score
How does Larderello Group'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 Research Services 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
Larderello Group's score of 50 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Larderello Group's reported carbon emissions
In 2023, Larderello Group reported total carbon emissions of approximately 71,700,000 kg CO2e, comprising 51,570,000 kg CO2e from Scope 1, 4,030,000 kg CO2e from Scope 2, and 16,800,000 kg CO2e from Scope 3 emissions. This reflects a significant increase in emissions compared to previous years, with Scope 1 emissions rising from 53,070,000 kg CO2e in 2022 and Scope 2 emissions increasing from 3,820,000 kg CO2e. In 2022, the company’s total emissions were about 71,000,000 kg CO2e, with Scope 1 emissions at 53,070,000 kg CO2e, Scope 2 at 3,820,000 kg CO2e, and Scope 3 at 20,600,000 kg CO2e. The 2021 figures showed total emissions of approximately 66,000,000 kg CO2e, with Scope 1 at 34,510,000 kg CO2e, Scope 2 at 3,280,000 kg CO2e, and Scope 3 at 20,000,000 kg CO2e. Despite these figures, Larderello Group has not disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of documented climate pledges or reduction targets suggests a need for enhanced commitment to sustainability practices within the organisation. The company operates in a sector where emissions reduction is critical, and establishing clear targets could align them with industry standards and expectations for climate action.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 3,054,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 2,922,000 | 0,000,000 | 000,000 | 0,000,000 |
| Scope 3 | - | 00,000,000 | 00,000,000 | 00,000,000 |
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.
Larderello Group is not participating in any 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.
