Ren Redes Energeticas Nacionais
Ren Redes Energeticas Nacionais, commonly referred to as REN, is a leading player in the energy sector, headquartered in Lisbon, Portugal. Established in 2000, the company has made significant strides in the management and operation of energy infrastructures, primarily focusing on electricity and natural gas transmission. With a robust presence across Portugal, REN is pivotal in ensuring the reliability and efficiency of energy supply, operating critical assets that include high-voltage electricity lines and extensive gas pipelines. The company is recognised for its commitment to sustainability and innovation, positioning itself as a key contributor to the transition towards renewable energy sources. Notable achievements include its role in integrating renewable energy into the national grid, reinforcing its market position as a trusted energy partner in the Iberian Peninsula. REN's dedication to operational excellence and environmental stewardship sets it apart in the competitive energy landscape.
DitchCarbon Score
How does Ren Redes Energeticas Nacionais'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 from Other Sources 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
Ren Redes Energeticas Nacionais's score of 47 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Ren Redes Energeticas Nacionais's reported carbon emissions
In 2023, REN Redes Energéticas Nacionais reported total carbon emissions of approximately 214,189,000 kg CO2e. This figure includes 29,437,000 kg CO2e from Scope 1 emissions, 112,479,000 kg CO2e from Scope 2 emissions, and 72,273,000 kg CO2e from Scope 3 emissions. Notably, the Scope 3 emissions comprise significant contributions from the use of sold products, which accounted for about 9,998,808,000 kg CO2e. REN has set ambitious climate commitments, aiming to reduce its absolute Scope 1 and 2 greenhouse gas emissions by 55.3% by 2030, using 2019 as the baseline year. Additionally, the company targets a 25% reduction in Scope 3 emissions from purchased goods and services, capital goods, and fuel and energy-related activities by 2030, based on a 2021 baseline. Furthermore, REN aims for a 42% reduction in Scope 3 emissions specifically from the use of sold products covering transmitted gas within the same timeframe. These targets align with industry standards and are consistent with the reductions necessary to limit global warming to 1.5°C, demonstrating REN's commitment to sustainability and climate action.
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Add to project| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 34,213,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 126,603,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 557,000 | 000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
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.
Ren Redes Energeticas Nacionais 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.
