Scatec ASA, commonly referred to as Scatec, is a leading renewable energy company headquartered in Norway. Founded in 2007, Scatec has established a strong presence in the solar power sector, with significant operations across Africa, Asia, and Latin America. The company focuses on developing, building, and operating solar power plants, offering innovative solutions that contribute to sustainable energy production. With a commitment to enhancing energy access and reducing carbon emissions, Scatec has achieved notable milestones, including the successful commissioning of multiple large-scale solar projects. Their unique approach combines local partnerships with advanced technology, positioning them as a key player in the global renewable energy market. Scatec's dedication to sustainability and innovation has earned them recognition as a trusted leader in the industry.
How does Scatec'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.
Mean score of companies in the Electricity Distribution 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.
Scatec's score of 65 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Scatec reported total carbon emissions of approximately 422,089,000 kg CO2e, with Scope 1 emissions at about 1,167,000 kg CO2e, Scope 2 emissions at approximately 2,598,000 kg CO2e, and Scope 3 emissions reaching about 417,643,000 kg CO2e. This marked a significant increase from previous years, where total emissions were approximately 29,789,000 kg CO2e in 2021 and 9,618,000 kg CO2e in 2020. Scatec has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across its value chain by 2040, using 2019 as the base year. The company has established near-term targets to reduce absolute Scope 1 GHG emissions by 95% by 2030 and to achieve 100% renewable electricity sourcing for Scope 2 emissions by the same year. Additionally, Scatec aims to reduce Scope 3 GHG emissions by 55% per kWh by 2030. Long-term goals include maintaining at least 99% absolute reductions in Scope 1 and 2 emissions from 2030 through 2040, and a 97% reduction in Scope 3 emissions per kWh by 2040. These targets align with the Science Based Targets initiative (SBTi) and reflect Scatec's commitment to sustainable practices in the energy sector.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Scope 1 | 1,987,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 2 | 6,682,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 3 | 345,035,000 | 000,000,000 | 00,000,000 | 0,000,000,000 | 000,000,000 |
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.
Scatec 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.