Matrix Renewables

Matrix Renewables, headquartered in Spain and operating within the Electricity nec industry, has demonstrated a commitment to reducing its environmental impact. For the reporting year 2025, the company reports Scope 2 emissions of approximately 590,000 kg CO2e (market-based). Scope 3 emissions for 2025 are substantial, totalling approximately 180,481,500 kg CO2e, with purchased goods and services accounting for the largest portion at about 74,717,000 kg CO2e, followed by capital goods at approximately 104,022,000 kg CO2e. Scope 1 emissions for 2025 are reported as 0 kg CO2e.

In 2024, Matrix Renewables recorded Scope 2 emissions of approximately 272,670 kg CO2e (market-based) and Scope 3 emissions of around 158,768,970 kg CO2e, with purchased goods and services being the primary contributor at roughly 147,007,000 kg CO2e. Scope 1 emissions for 2024 were also 0 kg CO2e.

For 2023, the company reported Scope 2 emissions of approximately 53,620,000 kg CO2e and significantly higher Scope 3 emissions of about 115,490,000,000 kg CO2e, predominantly from purchased goods and services. Scope 1 emissions in 2023 were 0 kg CO2e.

Matrix Renewables has set ambitious reduction targets, aiming to reduce its Scope 1 and Scope 2 emissions to near zero by the middle of the decade (specifically by 2025). In 2024 alone, the company's operations avoided approximately 500,000 metric tons (500,000,000 kg) of CO2 and equivalent emissions by injecting over 1,200 Gigawatt-hours of electricity. The company's reporting indicates a focus on managing its extensive Scope 3 emissions, particularly within purchased goods and services and capital goods, which represent the largest segments of its environmental footprint.