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Chemicals
US
updated 2 months ago

New Energy Corp. Sustainability Profile

Company website

New Energy Corp., a leading player in the renewable energy sector, is headquartered in the United States and operates extensively across North America and Europe. Founded in 2010, the company has rapidly established itself as a pioneer in sustainable energy solutions, focusing on solar, wind, and energy storage technologies. With a commitment to innovation, New Energy Corp. offers a range of unique products and services, including advanced solar panels and cutting-edge wind turbines, designed to maximise efficiency and reduce environmental impact. The company has achieved significant milestones, such as the successful deployment of large-scale renewable projects, positioning itself as a market leader in the transition to clean energy. Recognised for its contributions to sustainability, New Energy Corp. continues to drive advancements in the industry, making a substantial impact on the global energy landscape.

DitchCarbon Score

How does New Energy Corp.'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.

10

Industry Average

Mean score of companies in the Chemicals 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.

23

Industry Benchmark

New Energy Corp.'s score of 10 is lower than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.

20%

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New Energy Corp.'s reported carbon emissions

Inherited from Vitol Holding II S.A.

New Energy Corp., headquartered in the US, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The company is a current subsidiary of New Energy Corp., and its climate commitments and reduction initiatives are not detailed in the available information. While there are no specific reduction targets or achievements listed, it is important to note that emissions data may be inherited from its parent company, Vitol Holding B.V., at a cascade level of 2. This means that any climate initiatives or emissions data relevant to New Energy Corp. may be influenced by the broader strategies and commitments of Vitol Holding B.V. As of now, New Energy Corp. has not publicly committed to any specific science-based targets or climate pledges. The lack of detailed emissions data and reduction initiatives suggests that the company may still be in the early stages of developing its climate strategy.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2020202120222023
Scope 1
1,600
0,000,000,000
0,000,000,000
0,000,000,000
Scope 2
-
-
-
-
Scope 3
23,800
00,000,000,000
00,000,000,000
00,000,000,000

How Carbon Intensive is New Energy Corp.'s Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. New Energy Corp.'s primary industry is Chemicals, which is high in terms of carbon intensity compared to other industries.

How Carbon Intensive is New Energy Corp.'s Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for New Energy Corp. is in US, which has a low grid carbon intensity relative to other regions.

New Energy Corp.'s Scope 3 Categories Breakdown

New Energy Corp.'s Scope 3 emissions, which increased by 9% last year and increased significantly since 2020, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "End-of-Life Treatment of Sold Products" being the largest emissions source at 35% of Scope 3 emissions.

Top Scope 3 Categories

2023
End-of-Life Treatment of Sold Products
35%
Upstream Transportation & Distribution
30%
Investments
21%
Capital Goods
10%
Processing of Sold Products
2%
Fuel and Energy Related Activities
<1%
Downstream Transportation & Distribution
<1%
Purchased Goods and Services
<1%

New Energy Corp.'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.

New Energy Corp. 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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