Power-One AS Sustainability Profile
Power-One AS, headquartered in Norway, is a prominent player in the renewable energy sector, specialising in advanced power conversion solutions. Founded in 2000, the company has established itself as a leader in the design and manufacturing of high-efficiency inverters and energy management systems, catering primarily to the solar and wind energy markets. With a strong operational presence across Europe and North America, Power-One AS is renowned for its innovative products that enhance energy efficiency and sustainability. Their unique offerings include cutting-edge inverter technology that optimises energy output while ensuring reliability and durability. Recognised for its commitment to quality and performance, Power-One AS has achieved significant milestones, positioning itself as a trusted partner in the transition to renewable energy. The company continues to drive advancements in the industry, contributing to a greener future.
DitchCarbon Score
How does Power-One AS'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 Machinery and Equipment 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
Power-One AS's score of 96 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Power-One AS, headquartered in Norway, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. However, the company is part of a corporate family relationship with ABB Ltd, from which it inherits climate commitments and initiatives. Power-One AS aligns its climate strategy with the targets set by ABB Ltd, which includes participation in various sustainability initiatives such as the Science Based Targets initiative (SBTi), CDP, and RE100. These commitments reflect a broader industry trend towards reducing carbon footprints and enhancing sustainability practices. While specific reduction targets for Power-One AS are not detailed, the cascading of ABB Ltd's initiatives suggests a commitment to significant climate action. ABB Ltd has established ambitious goals aimed at reducing emissions across its operations, which Power-One AS is expected to support as a current subsidiary. In summary, while Power-One AS does not provide direct emissions data, its alignment with ABB Ltd's climate initiatives indicates a commitment to addressing carbon emissions and contributing to global sustainability efforts.
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| 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 109,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | - | - | - | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 352,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | - | - | - | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 185,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | - | - | - | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 |
How Carbon Intensive is Power-One AS's Industry?
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Power-One AS's Scope 3 Categories Breakdown
Power-One AS's Scope 3 emissions, which decreased by 12% last year and increased significantly since 2011, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 97% of Scope 3 emissions.
Top Scope 3 Categories
Power-One AS'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.
Power-One AS 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.
