OCI Energy, a prominent player in the renewable energy sector, is headquartered in the United States and operates extensively across North America and beyond. Founded in 2010, the company has established itself as a leader in solar energy solutions, focusing on the development, construction, and operation of solar power plants. OCI Energy is renowned for its innovative approach to solar technology, offering unique products and services that enhance energy efficiency and sustainability. With a commitment to reducing carbon footprints, the company has achieved significant milestones, including the successful completion of numerous large-scale solar projects. Recognised for its market position, OCI Energy continues to drive advancements in the renewable energy industry, contributing to a greener future while meeting the growing demand for clean energy solutions.
How does OCI Energy'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 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.
OCI Energy's score of 23 is lower than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
OCI Energy, headquartered in the US, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. The company is a current subsidiary of OCI Holdings Company Ltd., which may influence its climate commitments and reporting practices. While OCI Energy has not established specific reduction targets or initiatives, it is important to note that it inherits its climate commitments and performance metrics from its parent company, OCI Holdings Company Ltd. This cascading of data suggests that OCI Energy may align its strategies with the broader sustainability goals set by OCI Holdings. As part of the industry context, OCI Energy is expected to engage in climate action initiatives, potentially following the frameworks established by its parent company. However, without specific emissions data or defined reduction targets, the company's current climate commitments remain unclear.
Access structured emissions data, company-specific emission factors, and source documents
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 584,350,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 639,964,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | 0,000,000,000 | 0,000,000,000 |
OCI Energy's Scope 3 emissions, which decreased by 6% last year and decreased by approximately 6% since 2022, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 56% of total emissions under the GHG Protocol, with "Fuel and Energy Related Activities" being the largest emissions source at 62% of Scope 3 emissions.
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.
OCI Energy 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.
