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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.
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.
Industry Benchmark
Ox2's score of 45 is higher than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Ox2's reported carbon emissions
In 2023, OX2 AB reported total greenhouse gas emissions of approximately 504,559,000 kg CO2e. This figure includes 20,000 kg CO2e from Scope 1 emissions, primarily from mobile combustion, and 119,000 kg CO2e from Scope 2 emissions, with 52,000 kg CO2e attributed to purchased electricity. The majority of emissions, about 504,395,000 kg CO2e, were from Scope 3, which encompasses business travel, employee commuting, and purchased goods and services. OX2 has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 emissions by 42% by 2030, using 2022 as the base year. This target has been validated by the Science Based Targets initiative (SBTi) and aligns with the goal of limiting global warming to 1.5°C. The company also plans to measure and reduce its Scope 3 emissions, reflecting a comprehensive approach to its carbon footprint. In previous years, OX2's emissions were as follows: in 2022, total emissions were approximately 387,312,000 kg CO2e; in 2021, they were about 147,683,000 kg CO2e; and in 2020, total emissions reached approximately 461,968,000 kg CO2e. The data indicates a significant focus on understanding and managing emissions across all scopes, particularly as the company works towards its reduction targets. Overall, OX2's commitments and emissions data demonstrate a proactive stance in addressing climate change, with a clear strategy for reducing its environmental impact.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| 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
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.
Ox2 is participating in some 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.
