Squadron Energy Sustainability Profile
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 Wind Power 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 4 is lower than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Squadron Energy's reported carbon emissions
In 2024, Squadron Energy reported total carbon emissions of approximately 22,113,000 kg CO2e, comprising 15,959,000 kg CO2e from Scope 1 emissions and 6,153,000 kg CO2e from Scope 2 emissions. This data highlights the company's ongoing commitment to transparency in its environmental impact. For the previous year, 2023, the global emissions totalled about 322,000,000 kg CO2e, with Scope 1 emissions at 73,000 kg CO2e and Scope 2 emissions at 562,000 kg CO2e. Notably, the Scope 2 emissions included 954,000 kg CO2e from purchased electricity. In 2021, the company reported total emissions of approximately 8,718,000 kg CO2e, with Scope 1 emissions at 5,701,000 kg CO2e, Scope 2 emissions at 2,439,000 kg CO2e, and Scope 3 emissions from fuel and energy-related activities at 578,000 kg CO2e. Despite these figures, Squadron Energy has not set specific reduction targets or climate pledges, indicating a potential area for future commitment. The absence of cascaded emissions data suggests that the company operates independently in its reporting and sustainability initiatives. Overall, Squadron Energy's emissions data reflects its current operational impact, while the lack of defined reduction strategies may present opportunities for enhanced climate action in the future.
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| 2021 | 2023 | |
|---|---|---|
| Scope 1 | 5,701,000 | 00,000 |
| Scope 2 | 2,439,000 | 000,000 |
| Scope 3 | 578,000 | - |
How Carbon Intensive is Squadron Energy's Industry?
How Carbon Intensive is Squadron Energy's Location?
Squadron Energy's Scope 3 Categories Breakdown
Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 7% of total emissions under the GHG Protocol, with "Fuel and Energy Related Activities" representing nearly all of their reported Scope 3 footprint.
Top Scope 3 Categories
Squadron Energy'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.
Squadron Energy 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.
