Mvv Energie
MVV Energie AG, headquartered in Mannheim, Germany, is a prominent player in the energy sector, specialising in the provision of sustainable energy solutions. Founded in 1998, the company has established itself as a leader in the German energy market, focusing on electricity, gas, and heat supply, as well as innovative energy services. With a strong commitment to renewable energy, MVV Energie offers unique products such as green electricity and district heating, catering to both residential and commercial customers. The company has made significant strides in expanding its operational regions, particularly in southwestern Germany, while also achieving notable milestones in sustainability and efficiency. Recognised for its dedication to environmental responsibility, MVV Energie continues to enhance its market position through strategic investments in renewable technologies and smart energy solutions, making it a trusted partner in the transition to a greener future.
DitchCarbon Score
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.
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
Mvv Energie's score of 63 is higher than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Mvv Energie's reported carbon emissions
In 2023, MVV Energie AG reported significant carbon emissions, totalling approximately 8,000,000 kg CO2e across all scopes. This includes 2,584,000,000 kg CO2e from Scope 1, 127,000,000 kg CO2e from Scope 2, and a substantial 5,984,000,000 kg CO2e from Scope 3 emissions. The company has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across its value chain by 2040, using 2018 as the base year. MVV Energie has established near-term targets to reduce Scope 1 and 2 greenhouse gas emissions by 83% per kWh generated electricity by 2030. Additionally, it aims to cut Scope 1 and 3 emissions from all sold electricity by the same percentage by 2030. For other absolute Scope 3 emissions, the target is an 83% reduction by 2035. Long-term goals include a remarkable 99.8% reduction in Scope 1 and 2 emissions per kWh generated electricity by 2040, and a 99% reduction in Scope 1 and 3 emissions from sold electricity by the same year. Furthermore, MVV Energie plans to achieve 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 targets are aligned with the Science Based Targets initiative (SBTi) and reflect MVV Energie's commitment to sustainability and climate action, with a focus on transitioning to green energy sources. The company is on track to convert its district heat generation in Mannheim and Offenbach to 100% green energy sources by 2030, further supporting its climate objectives.
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| 2016 | 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 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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 participating in some of the initiatives that 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.
