OPC Energy Ltd. Sustainability Profile
OPC Energy Ltd., a prominent player in the energy sector, is headquartered in Israel (IL) and operates extensively across the region. Founded in 2000, the company has established itself as a leader in the production and supply of electricity, focusing on both conventional and renewable energy sources. With a diverse portfolio that includes natural gas and solar energy, OPC Energy is committed to delivering innovative solutions that meet the evolving needs of its customers. The company’s unique approach to integrating sustainable practices has positioned it favourably in the competitive energy market. Recognised for its operational excellence, OPC Energy has achieved significant milestones, including the development of large-scale power plants that contribute to Israel's energy independence. As a result, OPC Energy Ltd. continues to play a vital role in shaping the future of energy in the region.
DitchCarbon Score
How does OPC Energy Ltd.'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 Biomass 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
OPC Energy Ltd.'s score of 20 is higher than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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OPC Energy Ltd.'s reported carbon emissions
In 2023, OPC Energy Ltd., headquartered in Israel, reported total carbon emissions of approximately 1.944 billion kg CO2e. This figure comprises about 1.936 billion kg CO2e from Scope 1 emissions and approximately 8.3 million kg CO2e from Scope 2 emissions. The company has not disclosed any Scope 3 emissions data. Comparatively, in 2022, OPC Energy's total emissions were about 1.496 billion kg CO2e, with Scope 1 emissions at approximately 1.493 billion kg CO2e and Scope 2 emissions around 2.7 million kg CO2e. This indicates a significant increase in emissions from 2022 to 2023. Despite the rise in emissions, OPC Energy has not set any specific reduction targets or climate pledges, nor have they cascaded any targets from parent or related organizations. The absence of a structured climate commitment or reduction initiative suggests a need for enhanced focus on sustainability practices within the company. Overall, OPC Energy Ltd. is currently navigating a challenging landscape in terms of carbon emissions, with no publicly stated strategies for emissions reduction or climate action.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 1,798,659,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 4,153,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - |
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OPC Energy Ltd.'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.
OPC Energy Ltd. 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.
