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Matrix Renewables, headquartered in Spain, is a prominent player in the electricity sector, specifically focusing on renewable energy solutions. Founded in 2020, the company has quickly established itself as a leader in the development and management of solar and wind energy projects across Europe and Latin America.
With a commitment to sustainability, Matrix Renewables offers innovative energy solutions that stand out for their efficiency and scalability. The company’s portfolio includes utility-scale solar farms and wind installations, contributing significantly to the transition towards a greener energy landscape.
Recognised for its rapid growth and strategic partnerships, Matrix Renewables is well-positioned in the renewable energy market, driving advancements in clean electricity generation while supporting global efforts to combat climate change.
35
DitchCarbon score
+19 vs industry average
Matrix Renewables’s score of 35 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Very High
Electricity from Other Sources is among the most carbon-intensive industries
Industry performance
3.039
20182025
The Electricity from Other Sources industry has reduced its overall emissions by 36% since 2018
Emissions trajectory 2020 – 2028
202020212022202320242025202620272028
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Matrix Renewables's reported carbon emissions
Matrix Renewables, headquartered in Spain, operates in the Electricity nec industry.
In 2025, Matrix Renewables's Scope 2 market-based emissions were 590,000 kg CO2e, and its Scope 3 emissions were approximately 180.5 million kg CO2e. For 2024, the company reported Scope 2 market-based emissions of 272,670 kg CO2e and Scope 3 emissions of about 158.8 million kg CO2e. In 2023, the organisation's Scope 2 emissions were 53,620 kg CO2e, and its Scope 3 emissions were approximately 115.5 million kg CO2e.
Matrix Renewables is committed to reducing its carbon footprint. The company aims to achieve near-zero Scope 1 and Scope 2 emissions by the middle of this decade (2023-2025). Furthermore, it has a long-term net-zero target for all scopes by 2040, which includes a 77% reduction in GHG emissions intensity (Scopes 1-3, excluding category 11) by 2025 relative to 2018. The company also aims for a 67% reduction in Scope 3 GHG emissions from category 11 ('Use of sold products') by 2030, compared to 2018 levels. In 2024, Matrix Renewables's sites injected over 1,200 Gigawatt-hours of electricity, avoiding approximately 500,000 metric tons of CO2e.
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Matrix Renewables’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
At risk48%
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Behind target22%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
7 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
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Not active
Carbon Disclosure Project
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Not active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Matrix Renewables2 months ago
35
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