Public Profile

Ox2

Ox2, officially known as Ox2 AB, is a leading player in the renewable energy sector, headquartered in Sweden (SE). Founded in 2006, the company has established a strong presence in the Nordic region, focusing on the development and management of wind and solar energy projects. With a commitment to sustainability, Ox2 offers unique solutions that encompass the entire lifecycle of renewable energy projects, from initial planning to operational management. Their innovative approach has positioned them as a key contributor to the transition towards a greener economy. Notable achievements include the successful development of numerous large-scale wind farms, solidifying Ox2's reputation as a trusted partner in the industry. As a pioneer in renewable energy, Ox2 continues to drive progress and set benchmarks for excellence in sustainable energy solutions.

DitchCarbon Score

How does Ox2'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.

50

Industry Average

Mean score of companies in the Wind Power 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.

20

Industry Benchmark

Ox2's score of 50 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.

96%

Ox2's reported carbon emissions

In 2023, Ox2 reported total carbon emissions of approximately 504,395,000 kg CO2e, with emissions distributed across various scopes: 20,000 kg CO2e from Scope 1, 144,000 kg CO2e from Scope 2, and a significant 504,395,000 kg CO2e from Scope 3. This represents a notable increase in total emissions compared to previous years, where total emissions were approximately 242,631,000 kg CO2e in 2022 and 137,275,000 kg CO2e in 2021. Ox2 has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 greenhouse gas emissions by 42% by 2030, using 2022 as the base year. This target has been approved by the Science Based Targets initiative (SBTi) and aligns with the necessary reductions to limit global warming to 1.5°C. The company is also committed to measuring and reducing its Scope 3 emissions, which constitute the majority of its carbon footprint. Overall, Ox2's emissions strategy reflects a proactive approach to climate action, focusing on significant reductions in its operational emissions while addressing the broader impacts of its supply chain and product use.

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2020202120222023
Scope 1
58,000
00,000
00,000
00,000
Scope 2
8,000
00,000
000,000
000,000
Scope 3
461,902,000
000,000,000
000,000,000
000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Ox2's primary industry is Electricity by wind, which is medium in terms of carbon intensity compared to other industries.

Location emissions intensity

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. Ox2 is headquartered in SE, which has a rank of very low, indicating very low grid carbon 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.

Ox2 is committed to some 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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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