OAO Tver Generation Company
OAO Tver Generation Company, commonly referred to as Tver Generation, is a prominent player in the Russian energy sector, headquartered in Tver, Russia. Established in 2005, the company has made significant strides in the generation and distribution of electricity and heat, primarily serving the Tver region and surrounding areas. Specialising in thermal power generation, Tver Generation is known for its commitment to efficiency and sustainability, utilising advanced technologies to optimise energy production. The company has achieved notable milestones, including the modernisation of its facilities, which has enhanced its operational capacity and reliability. With a strong market position, Tver Generation continues to contribute to the energy landscape of Russia, focusing on innovative solutions that meet the growing demand for energy while prioritising environmental responsibility.
DitchCarbon Score
How does OAO Tver Generation Company'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 Transmission 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
OAO Tver Generation Company's score of 28 is lower than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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OAO Tver Generation Company's reported carbon emissions
In 2023, OAO Tver Generation Company reported significant carbon emissions, totalling approximately 9,482,000,000 kg CO2e across all scopes. This includes about 9,482,000,000 kg CO2e from Scope 1 emissions, which encompass direct emissions from owned or controlled sources, and approximately 173,000,000 kg CO2e from Scope 2 emissions, related to indirect emissions from the generation of purchased electricity. Scope 3 emissions were notably high, reaching around 176,397,000,000 kg CO2e, primarily from the use of sold products. Comparatively, in 2022, the company recorded about 9,423,000,000 kg CO2e in Scope 1 emissions, 167,000,000 kg CO2e in Scope 2, and approximately 181,328,000,000 kg CO2e in Scope 3 emissions. This indicates a slight increase in Scope 1 emissions and a decrease in Scope 3 emissions year-on-year. OAO Tver Generation Company has set ambitious climate commitments, aiming for a 20% reduction in air pollutant emissions intensity by 2030, based on a 2019 baseline. This target applies to both Scope 1 and Scope 2 emissions, with a goal to reduce emissions intensity to 0.102 tonnes per million barrels of oil equivalent (mboe). Additionally, the company is aligned with long-term climate goals, aspiring to achieve carbon neutrality by 2050. The emissions data is not cascaded from any parent organization, indicating that OAO Tver Generation Company independently reports its emissions and climate commitments.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 10,048,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 169,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 177,815,000,000 | 000,000,000,000 | 000,000,000,000 |
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.
OAO Tver Generation Company is not participating in any 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.
