Matrix Renewables Sustainability Profile
Matrix Renewables, a prominent player in the renewable energy sector, is headquartered in Spain (ES) and operates extensively 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 sustainable energy solutions that are both innovative and efficient, setting itself apart with a commitment to environmental stewardship and community engagement. The company has achieved significant milestones, including the successful deployment of numerous renewable energy projects that contribute to a greener future. With a strong market position, Matrix Renewables is recognised for its strategic partnerships and robust portfolio, making it a key player in the transition towards a sustainable 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 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
Matrix Renewables's score of 38 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Matrix Renewables's reported carbon emissions
In 2024, Matrix Renewables reported total carbon emissions of approximately 159.0 million kg CO2e, comprising 0 kg CO2e from Scope 1, about 272,670 kg CO2e from Scope 2, and approximately 158.8 million kg CO2e from Scope 3 emissions. The Scope 3 emissions were primarily driven by purchased goods and services, which accounted for about 147.0 million kg CO2e. For the previous year, 2023, the company reported total emissions of approximately 115.5 million kg CO2e, with 0 kg CO2e from Scope 1, about 53.6 million kg CO2e from Scope 2, and approximately 115.5 billion kg CO2e from Scope 3 emissions, again largely from purchased goods and services. Matrix Renewables has set ambitious near-term climate commitments, aiming to reduce both Scope 1 and Scope 2 emissions to near zero by 2025. In 2024, the company also highlighted its contribution to renewable energy generation, injecting over 1,200 Gigawatt-hours of electricity across Chile, Spain, and the USA, which is estimated to have avoided around 500,000 metric tons of CO2e emissions. The emissions data is not cascaded from any parent organization, indicating that Matrix Renewables operates independently in its reporting and climate initiatives.
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| 2023 | 2024 | |
|---|---|---|
| Scope 1 | - | - |
| Scope 2 | 53,620,000 | 000,000 |
| Scope 3 | 115,490,000,000 | 000,000,000 |
How Carbon Intensive is Matrix Renewables's Industry?
How Carbon Intensive is Matrix Renewables's Location?
Matrix Renewables's Scope 3 Categories Breakdown
Matrix Renewables's Scope 3 emissions, which decreased by 100% last year and decreased by approximately 100% since 2023, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 93% of Scope 3 emissions.
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Matrix Renewables's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Matrix Renewables has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
