Soltec Energias Renovables S.L. Sustainability Profile
Soltec Energías Renovables S.L., commonly known as Soltec, is a leading Spanish company headquartered in Murcia, Spain. Founded in 2004, Soltec has established itself as a prominent player in the renewable energy sector, specialising in the design, manufacturing, and installation of solar tracking systems. With a strong operational presence across Europe, Latin America, and the United States, the company has achieved significant milestones, including the deployment of thousands of solar trackers worldwide. Soltec's core offerings include innovative single-axis solar trackers that enhance energy efficiency and maximise solar power generation. Their unique technology stands out for its adaptability to various terrains and climates, making it a preferred choice for large-scale solar projects. Recognised for its commitment to sustainability and innovation, Soltec continues to solidify its market position, contributing to the global transition towards renewable energy solutions.
DitchCarbon Score
How does Soltec Energias Renovables S.L.'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 Transmission 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
Soltec Energias Renovables S.L.'s score of 39 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Soltec Energias Renovables S.L.'s reported carbon emissions
In 2024, Soltec Energias Renovables S.L. reported total carbon emissions of approximately 77,000,000 kg CO2e, comprising 3,838,000 kg CO2e from Scope 1, 80,000 kg CO2e from Scope 2, and a significant 71,994,000 kg CO2e from Scope 3 emissions. This marks a notable increase in emissions compared to 2023, where total emissions were about 538,000,000 kg CO2e, with Scope 1 emissions at 5,809,000 kg CO2e, Scope 2 at 80,000 kg CO2e, and Scope 3 at 532,906,000 kg CO2e. Soltec has set ambitious climate commitments, aiming for an absolute reduction of 42% in both Scope 1 and Scope 2 emissions by 2030, based on their 2023 carbon footprint data. This target aligns with the Science Based Targets initiative (SBTi) criteria to limit global warming to below 1.5ºC. The company has not reported any cascaded emissions data from a parent organization, indicating that all reported figures are derived directly from Soltec Energias Renovables S.L. As they continue to enhance their sustainability efforts, these commitments reflect a proactive approach to addressing climate change within the renewable energy sector.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 6,320,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 62,000 | 00,000 | 00,000 |
| Scope 3 | 280,347,000 | 000,000,000 | 00,000,000 |
How Carbon Intensive is Soltec Energias Renovables S.L.'s Industry?
How Carbon Intensive is Soltec Energias Renovables S.L.'s Location?
Soltec Energias Renovables S.L.'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.
Soltec Energias Renovables S.L. 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.
