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Electricity Transmission
US
updated 2 days ago

Spruce Power Holding Corporation

Company website

Spruce Power Holding Corporation, commonly referred to as Spruce Power, is a leading provider of renewable energy solutions headquartered in the United States. Founded in 2019, the company has rapidly established itself in the solar energy sector, focusing on the acquisition and management of residential solar assets across key operational regions in the US. Specialising in solar power systems, Spruce Power offers unique services that include financing options and comprehensive asset management, catering to homeowners seeking sustainable energy solutions. The company’s commitment to enhancing energy efficiency and reducing carbon footprints has positioned it as a notable player in the renewable energy market. With a strong emphasis on innovation and customer satisfaction, Spruce Power continues to achieve significant milestones in the transition to clean energy.

DitchCarbon Score

How does Spruce Power Holding Corporation'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.

18

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.

26

Industry Benchmark

Spruce Power Holding Corporation's score of 18 is lower than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.

36%

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Spruce Power Holding Corporation's reported carbon emissions

Spruce Power Holding Corporation, headquartered in the US, currently does not report any carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges associated with the company. This lack of data suggests that Spruce Power may not have established formal commitments to reduce its carbon footprint or engage in industry-standard climate initiatives such as the Science Based Targets initiative (SBTi). As a result, the company’s climate commitments and emissions performance remain unclear, placing it in a context where transparency and accountability in environmental impact are increasingly expected by stakeholders. Without specific emissions data or reduction initiatives, it is challenging to assess Spruce Power's alignment with broader climate goals or its contribution to sustainability within the energy sector.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Spruce Power Holding Corporation's primary industry is Transmission services of electricity, which is medium in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Spruce Power Holding Corporation is in US, which has a low grid carbon intensity relative to other regions.

Reduction initiatives & disclosure networks

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.

Spruce Power Holding Corporation 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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