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.
+13 vs industry average
Matrix Renewables’s score of 28 is higher than 58% 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
Electricity from Other Sources is among the most carbon-intensive industries
Industry performance
The Electricity from Other Sources industry has reduced its overall emissions by 38% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Matrix Renewables's reported carbon emissions
Matrix Renewables, headquartered in ES and operating within the Electricity nec industry, has demonstrated a commitment to reducing its carbon footprint. For the reporting year 2024, the company reported a total of approximately 159.04 million kg CO2e. This includes Scope 2 emissions of about 272,670 kg CO2e and Scope 3 emissions of approximately 158.77 million kg CO2e. Scope 1 emissions for 2024 were reported as 0.0 kg CO2e. In 2023, Matrix Renewables's total emissions were significantly higher, amounting to approximately 115.5362 billion kg CO2e. This figure was primarily driven by Scope 3 emissions, which totalled about 115.49 billion kg CO2e, with purchased goods and services being the largest contributor. Scope 2 emissions for 2023 were approximately 53.62 million kg CO2e, and Scope 1 emissions were 0.0 kg CO2e. Matrix Renewables has set ambitious near-term reduction targets. The company aims to reduce its Scope 1 and Scope 2 emissions to near zero by the middle of the decade, targeting the period between 2023 and 2025. Notably, in 2024, the company's renewable energy generation, totalling over 1,200 Gigawatt-hours across Chile, Spain, and the USA, is estimated to have avoided approximately 500,000 metric tons of CO2 and equivalent emissions. This generation is sufficient to power nearly 355,000 households.
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Matrix Renewables’s Climate Goals (2030 & 2050)
2 goals2025
We aim to reduce our Scope 1 emissions to near zero by the m…
We aim to reduce our Scope 1 emissions to near zero by the middle of this decade.
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
See all 2 climate goals
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Scope 3 top emissions categories
7 of 15 categories disclosedSee all scope 3 categories
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Emissions comparison with industry peers
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