Neoen Sustainability Profile
Neoen S.A., a leading player in the renewable energy sector, is headquartered in France and operates extensively across Europe, Australia, and Latin America. Founded in 2008, the company has rapidly established itself as a pioneer in the development and management of solar, wind, and energy storage projects. Neoen's core offerings include large-scale solar farms, onshore wind farms, and innovative battery storage solutions, distinguished by their commitment to sustainability and efficiency. The company has achieved significant milestones, including the commissioning of some of the largest renewable energy projects globally, positioning itself as a key contributor to the transition towards a low-carbon economy. With a strong market presence and a portfolio of over 5 GW of renewable energy capacity, Neoen continues to lead the charge in the clean energy revolution.
DitchCarbon Score
How does Neoen'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 Solar Thermal Electricity 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
Neoen's score of 35 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Neoen's reported carbon emissions
In 2023, Neoen reported total carbon emissions of approximately 609,813,000 kg CO2e. This figure includes 2,157,000 kg CO2e from Scope 1 emissions, 20,607,000 kg CO2e from Scope 2 emissions, and a significant 587,049,000 kg CO2e from Scope 3 emissions. This represents a notable increase from 2022, when total emissions were about 292,000,000 kg CO2e, with Scope 1 at 1,753,000 kg CO2e, Scope 2 at 9,161,000 kg CO2e, and Scope 3 at 281,086,000 kg CO2e. Neoen has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 emissions to near zero by 2025. This target reflects the company's commitment to achieving net-zero emissions in the near term, as outlined in their sustainability report. The reduction initiatives are part of a broader strategy to enhance sustainability and mitigate climate impact. The emissions data is cascaded from Neoen S.A., the parent company, which provides a comprehensive overview of the organisation's carbon footprint and climate strategy.
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| 2020 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 1,090,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 665,000 | 0,000,000 | 00,000,000 |
| Scope 3 | 461,941,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is Neoen's Industry?
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Neoen'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.
Neoen 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.
