Solred, S.A. Sustainability Profile
Solred, S.A., a prominent player in the renewable energy sector, is headquartered in Spain (ES) and operates extensively across Europe and Latin America. Founded in 2005, the company has established itself as a leader in solar energy solutions, focusing on the development, construction, and operation of photovoltaic plants. With a commitment to sustainability, Solred offers innovative solar technology and energy management services that distinguish it from competitors. The company has achieved significant milestones, including the successful completion of numerous large-scale solar projects, reinforcing its market position as a trusted provider in the industry. Recognised for its dedication to clean energy, Solred, S.A. continues to drive advancements in renewable technologies, contributing to a greener future while meeting the growing demand for sustainable energy solutions.
DitchCarbon Score
How does Solred, S.A.'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 Financial Intermediation 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
Solred, S.A.'s score of 71 is higher than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Solred, S.A., headquartered in Spain, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The company is a current subsidiary of Repsol, S.A., and therefore, any relevant emissions data or climate commitments may be inherited from its parent organisation. As a subsidiary, Solred, S.A. aligns with the climate initiatives and targets set by Repsol, S.A., which operates at a cascade level of 4. However, specific reduction targets or achievements for Solred, S.A. are not detailed in the available information. Repsol, S.A. has been active in climate commitments, including participation in the Carbon Disclosure Project (CDP) and the Climate Action 100+ initiative, which may influence Solred's climate strategy. Nonetheless, without specific emissions data or defined reduction targets for Solred, S.A., it is challenging to provide a comprehensive overview of its carbon footprint or climate commitments.
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Access structured emissions data, company-specific emission factors, and source documents
| 2012 | 2013 | 2014 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 14,100,000,000 | 00,000,000,000 | 00,000,000,000 | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
| Scope 2 | - | - | - | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 8,720,000,000 | 0,000,000,000 | 0,000,000,000 | - | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 000,000,000,000 | 000,000,000,000 |
How Carbon Intensive is Solred, S.A.'s Industry?
How Carbon Intensive is Solred, S.A.'s Location?
Solred, S.A.'s Scope 3 Categories Breakdown
Solred, S.A.'s Scope 3 emissions, which decreased by 2% last year and increased significantly since 2012, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 91% of Scope 3 emissions.
Top Scope 3 Categories
Solred, S.A.'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.
Solred, S.A. 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.
