Spruce Power Holding Corporation Sustainability Profile
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.
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
Spruce Power Holding Corporation's score of 18 is lower than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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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.
How Carbon Intensive is Spruce Power Holding Corporation's Industry?
How Carbon Intensive is Spruce Power Holding Corporation's Location?
Spruce Power Holding Corporation'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.
Spruce Power Holding Corporation has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
