Redeia Valuing Essential
Redeia Valuing Essential, headquartered in Madrid, Spain, is a leading player in the energy and telecommunications sectors. Founded in 2002, the company has established itself as a key provider of essential services across Europe, particularly in Spain and Portugal. Specialising in the management and operation of electricity and telecommunications infrastructure, Redeia offers innovative solutions that enhance connectivity and energy efficiency. Their commitment to sustainability and technological advancement sets them apart in a competitive market. With a strong focus on renewable energy integration and smart grid technologies, Redeia has achieved significant milestones, positioning itself as a trusted partner in the transition to a more sustainable future. The company’s dedication to excellence has earned it recognition as a market leader, making it a vital contributor to the energy landscape.
DitchCarbon Score
How does Redeia Valuing Essential'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 Electricity Supply 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
Redeia Valuing Essential's score of 46 is higher than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Redeia Valuing Essential's reported carbon emissions
In 2023, Redeia reported total carbon emissions of approximately 719,510,000 tonnes CO2e, with emissions distributed across various scopes: 28,692,000 tonnes CO2e from Scope 1, 591,970,000 tonnes CO2e from Scope 2, and 719,510,000 tonnes CO2e from Scope 3. This represents a significant commitment to reducing greenhouse gas emissions, as the company has set ambitious targets aligned with the Science Based Targets initiative (SBTi). Redeia aims to achieve net-zero greenhouse gas emissions across its value chain by 2050, using 2019 as the baseline year. Near-term targets include a 55% reduction in absolute Scope 1 and 2 emissions by 2030, and a 28% reduction in Scope 3 emissions within the same timeframe. Long-term goals are even more ambitious, with a target of a 90% reduction in both Scope 1 and 2 emissions and Scope 3 emissions by 2050. These commitments reflect Redeia's proactive approach to addressing climate change and its dedication to sustainable practices within the electric utilities sector.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project2015 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 35,769,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 1,141,232,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 624,430,000 | 000,000,000 | 000,000,000 | 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.
Redeia Valuing Essential 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.
