Squadron Energy
Squadron Energy, a prominent player in the Australian energy sector, is headquartered in Sydney, New South Wales. Founded in 2018, the company has quickly established itself as a leader in renewable energy development, focusing on solar, wind, and battery storage solutions. With a commitment to sustainability, Squadron Energy aims to drive the transition to a low-carbon economy through innovative projects across Australia. The company’s core offerings include large-scale renewable energy generation and energy storage systems, distinguished by their emphasis on efficiency and environmental responsibility. Squadron Energy has achieved significant milestones, including the development of several major renewable projects that contribute to Australia’s energy landscape. As a forward-thinking organisation, Squadron Energy is well-positioned to play a crucial role in shaping the future of energy in Australia.
DitchCarbon Score
How does Squadron 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 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
Squadron Energy's score of 16 is lower than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Squadron Energy's reported carbon emissions
In 2023, Squadron Energy reported total carbon emissions of approximately 14,746,000 kg CO2e. This figure includes 10,436,000 kg CO2e from Scope 1 emissions, which encompass direct emissions from owned or controlled sources, and 4,310,000 kg CO2e from Scope 2 emissions, primarily related to purchased electricity. Notably, the company also reported Scope 3 emissions of 578,000 kg CO2e in 2021, which include indirect emissions from the value chain. Comparatively, in 2022, Squadron Energy's total emissions were approximately 2,644,000 kg CO2e, with Scope 1 emissions at 392,000 kg CO2e and Scope 2 emissions at 2,634,000 kg CO2e. This indicates a significant increase in emissions from 2022 to 2023. Despite the fluctuations in emissions, there are currently no publicly stated reduction targets or climate pledges from Squadron Energy. The company appears to be in the early stages of establishing a comprehensive climate strategy, as indicated by the absence of specific reduction initiatives or commitments to frameworks such as the Science Based Targets initiative (SBTi). Overall, Squadron Energy's emissions data highlights the need for a robust climate action plan to address their carbon footprint and align with global climate goals.
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Add to project| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 5,701,000 | 000,000 | 00,000,000 |
| Scope 2 | 2,439,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 578,000 | 000,000 | - |
Industry emissions intensity
Location emissions intensity
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.
Squadron Energy is not committed to any reduction initiatives 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.
