Octopus Renewables Infrastructure Trust
Octopus Renewables Infrastructure Trust, commonly referred to as Octopus Renewables, is a leading player in the renewable energy sector, headquartered in Great Britain. Founded in 2019, the trust focuses on investing in a diverse portfolio of renewable energy assets, primarily in the UK and Europe, including solar, wind, and energy storage projects. With a commitment to sustainability, Octopus Renewables distinguishes itself through its innovative approach to infrastructure investment, aiming to deliver long-term value while contributing to the global transition to clean energy. The trust has achieved significant milestones, including substantial growth in its asset base and a strong market position within the renewable energy investment landscape. By prioritising environmentally responsible projects, Octopus Renewables continues to make a notable impact in the industry.
DitchCarbon Score
How does Octopus Renewables Infrastructure Trust'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 Other Services 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
Octopus Renewables Infrastructure Trust's score of 31 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Octopus Renewables Infrastructure Trust's reported carbon emissions
In 2023, Octopus Renewables Infrastructure Trust (ORIT) reported total carbon emissions of approximately 36,095,740 kg CO2e. This figure includes 223,450 kg CO2e from Scope 1 emissions, 729,980 kg CO2e from Scope 2 emissions, and a significant 36,000,000 kg CO2e from Scope 3 emissions, primarily attributed to purchased goods and services. In 2022, ORIT's emissions were approximately 5,706,400 kg CO2e in the UK, with Scope 2 emissions at 190,400 kg CO2e and Scope 3 emissions at 5,570,640 kg CO2e. The previous year, 2021, saw total emissions of about 710,900 kg CO2e in the UK, with Scope 2 emissions at 192,200 kg CO2e and Scope 3 emissions at 710,900 kg CO2e. Despite these figures, ORIT has not disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of documented reduction strategies suggests a need for enhanced climate commitments within the organisation. As a key player in the renewable energy sector, ORIT's future climate strategies will be crucial in aligning with industry standards and addressing global climate challenges.
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Add to project| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | - | - | - | 000,000 |
| Scope 2 | 18,500 | 0,000 | 000,000 | 000,000 |
| Scope 3 | 1,209,200 | 0,000,000 | 0,000,000 | 00,000,000 |
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.
Octopus Renewables Infrastructure Trust is not committed to any reduction initiatives 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.
