MVV Energie AG, headquartered in Mannheim, Germany, is a prominent player in the energy and utilities sector, primarily serving regions across Germany and parts of Europe. Founded in 1999, the company has established itself as a leader in sustainable energy solutions, focusing on electricity, gas, and heat supply, as well as innovative energy services. MVV Energie is renowned for its commitment to renewable energy, offering unique products such as green electricity and district heating systems that prioritise environmental sustainability. The company has achieved significant milestones, including the expansion of its renewable energy portfolio and investments in smart grid technologies. With a strong market position, MVV Energie continues to drive the transition towards a more sustainable energy future, making it a key player in the European energy landscape.
How does Mvv Energie'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.
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.
Mvv Energie's score of 49 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, MVV Energie reported carbon emissions of approximately 2.68 million tonnes (Scope 1), 127,000 tonnes (Scope 2), and about 5.98 million tonnes (Scope 3) CO2e. This reflects a significant commitment to reducing greenhouse gas emissions across its operations. MVV Energie has set ambitious targets to achieve net-zero emissions by 2040, using 2018 as the baseline year. The company aims to reduce Scope 1 and 2 emissions by 83% per kilowatt-hour (kWh) of generated electricity by 2030. Additionally, it plans to cut Scope 1 and 3 emissions from all sold electricity by the same percentage by 2030. For other absolute Scope 3 emissions, MVV Energie targets an 83% reduction by 2035. Long-term goals include a 99.8% reduction in Scope 1 and 2 emissions per kWh generated by 2040, and a 99% reduction in Scope 1 and 3 emissions from sold electricity by the same year. Furthermore, the company aims for a 99% reduction in absolute Scope 3 emissions from the use of sold products and a 95% reduction in all other absolute Scope 3 emissions by 2040. These commitments align with industry standards for climate action, demonstrating MVV Energie's proactive approach to addressing climate change and reducing its carbon footprint.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|
Scope 1 | 1,455,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Scope 2 | 8,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 3 | 8,899,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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.
Mvv Energie is committed to some 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.