Shv Energy Sustainability Profile
Shv Energy, a prominent player in the energy sector, is headquartered in the Netherlands and operates extensively across Europe, Asia, and Africa. Founded in 1896, the company has evolved into a leading provider of energy solutions, focusing on liquefied petroleum gas (LPG), biofuels, and energy services. With a commitment to sustainability, Shv Energy distinguishes itself through innovative products and services that cater to both residential and commercial markets. The company has achieved significant milestones, including expanding its renewable energy portfolio and enhancing its distribution networks. Recognised for its market leadership, Shv Energy continues to drive advancements in energy efficiency and environmental responsibility, positioning itself as a trusted partner in the global energy landscape.
DitchCarbon Score
How does Shv Energy'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
Shv Energy's score of 43 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Shv Energy's reported carbon emissions
In 2024, SHV Energy, headquartered in the Netherlands, reported total carbon emissions of approximately 19,201,350,000 kg CO2e, with emissions distributed across all three scopes: 294,077 kg CO2e (Scope 1), 21,620,000 kg CO2e (Scope 2), and 19,201,350,000 kg CO2e (Scope 3). This represents a slight increase in Scope 1 emissions from 2023, where they were about 109,493,000 kg CO2e, while Scope 2 emissions remained relatively stable at approximately 20,970,000 kg CO2e. Notably, Scope 3 emissions also saw a marginal increase from about 19,126,989,000 kg CO2e in 2023. SHV Energy has set ambitious reduction targets, aiming for a 25% decrease in Scope 1 emissions by 2025 compared to 2016 levels. Additionally, they are committed to reducing carbon emissions per tonne of LPG distributed by 25% in the same timeframe. Looking further ahead, the company has a long-term goal to replace all fossil fuel volumes sourced in 2015 with 100% renewably and sustainably sourced energy by 2040, encompassing both Scope 1 and Scope 2 emissions. The emissions data for SHV Energy is cascaded from its parent company, SHV Energy NV, reflecting a corporate family relationship. This comprehensive approach to emissions reporting and reduction initiatives underscores SHV Energy's commitment to addressing climate change and enhancing sustainability within its operations.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 90,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000 |
| Scope 2 | 23,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 19,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
How Carbon Intensive is Shv Energy's Industry?
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Shv Energy'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.
Shv Energy 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.
