Matrix Renewables
Matrix Renewables, a prominent player in the renewable energy sector, is headquartered in Madrid, Spain, with significant operations across Europe, North America, and Latin America. Founded in 2020, the company has quickly established itself as a leader in the development, construction, and operation of solar and wind energy projects. Matrix Renewables focuses on delivering innovative clean energy solutions, leveraging advanced technology and sustainable practices to enhance efficiency and reduce environmental impact. Their portfolio includes utility-scale solar farms and wind projects, which are distinguished by their commitment to sustainability and community engagement. With a strong market position, Matrix Renewables has achieved notable milestones, including rapid project deployment and strategic partnerships that bolster its growth in the competitive renewable energy landscape.
DitchCarbon Score
How does Matrix Renewables'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 Supply 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
Matrix Renewables's score of 23 is lower than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Matrix Renewables's reported carbon emissions
In 2023, Matrix Renewables reported significant carbon emissions, totalling approximately 115.5 billion kg CO2e (or 115.5 million metric tons CO2e) from Scope 3 emissions, primarily attributed to purchased goods and services. Additionally, the company recorded about 53.6 million kg CO2e (or 53,600 metric tons CO2e) in Scope 2 emissions, while Scope 1 emissions were reported as zero. Despite the substantial Scope 3 emissions, Matrix Renewables has not outlined specific reduction targets or initiatives in their current climate commitments. The absence of documented reduction strategies suggests a need for further development in their sustainability efforts. As the renewable energy sector continues to evolve, it is crucial for companies like Matrix Renewables to establish clear climate pledges and reduction goals to align with industry standards and contribute to global climate action.
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Add to project2023 | |
|---|---|
| Scope 1 | - |
| Scope 2 | 53,620,000 |
| Scope 3 | 115,490,000,000 |
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.
Matrix Renewables is not committed to any 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.
