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Ring Energy, Inc., a prominent player in the transmission services of electricity sector, is headquartered in the United States. Founded in 2011, the company has established itself as a key provider of energy solutions, primarily focusing on the transmission and distribution of electrical power across various regions.
With a commitment to delivering reliable and efficient services, Ring Energy offers a range of core products, including advanced transmission infrastructure and innovative energy management solutions. Their unique approach combines cutting-edge technology with a customer-centric focus, setting them apart in a competitive market.
Recognised for their operational excellence, Ring Energy has achieved significant milestones, positioning themselves as a trusted partner in the energy sector. Their dedication to sustainability and efficiency continues to drive their growth and influence within the industry.
5
DitchCarbon score
-21 vs industry average
Ring Energy’s score of 5 is lower than 12% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Very High
Electricity Transmission is among the most carbon-intensive industries
Industry performance
3.039
20182025
The Electricity Transmission industry has reduced its overall emissions by 36% since 2018
Emissions trajectory 2020 – 2026
2020202120222023202420252026
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Ring Energy's reported carbon emissions
Ring Energy reported total Scope 1 and 2 emissions of approximately 193,551,000 kg CO2e in 2023. This included about 111,920,000 kg CO2e from Scope 1 emissions, with approximately 2,310,000 kg CO2e attributed to fugitive emissions. Scope 2 emissions accounted for about 81,623,000 kg CO2e, with 78,000 kg CO2e from purchased electricity.
Looking back, their Scope 1 and 2 emissions were approximately 335,282,000 kg CO2e in 2022 and around 181,653,000 kg CO2e in 2021. In 2020, Scope 1 and 2 emissions were approximately 174,113,000 kg CO2e. Ring Energy does not currently report on Scope 3 emissions.
No specific climate commitments or reduction targets were disclosed.
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Ring Energy’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Ring Energy yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
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Not active
Carbon Disclosure Project
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Not active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Ring Energy20 days ago
5
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