Summit Power International Sustainability Profile
Summit Power International, often referred to as Summit Power, is a leading energy company headquartered in Singapore (SG). Established in 2008, the firm has rapidly expanded its operations across Asia and the Middle East, focusing on the development and management of power generation projects. Specialising in renewable energy and natural gas, Summit Power is committed to delivering sustainable solutions that meet the growing energy demands of the region. Their innovative approach to power generation, combined with a strong emphasis on environmental stewardship, sets them apart in the competitive energy sector. With a robust portfolio of projects and a reputation for excellence, Summit Power International has positioned itself as a key player in the energy market, contributing significantly to the transition towards cleaner energy sources.
DitchCarbon Score
How does Summit Power International'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 from Other Sources 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
Summit Power International'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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Summit Power International's reported carbon emissions
In 2021, Summit Power International reported significant carbon emissions, totalling approximately 11,563,229,550 kg CO2e for Scope 1, 211,389,898,000 kg CO2e for Scope 2, and a staggering 7,299,626,888,000 kg CO2e for Scope 3 emissions. The Scope 3 emissions breakdown included major contributors such as capital goods (1,612,909,297,000 kg CO2e) and business travel (5,566,016,664,000 kg CO2e). As of 2022, no new emissions data was disclosed, and the company has not set specific reduction targets or climate pledges. The absence of reduction initiatives or commitments indicates a potential area for improvement in their climate strategy. Summit Power International's emissions data is not cascaded from any parent organisation, reflecting their independent reporting status. Overall, while the company has substantial emissions, the lack of defined climate commitments suggests a need for enhanced focus on sustainability and carbon reduction strategies.
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| 2021 | |
|---|---|
| Scope 1 | 1,156,322,955,000 |
| Scope 2 | 211,389,898,000 |
| Scope 3 | 7,299,626,888,000 |
How Carbon Intensive is Summit Power International's Industry?
How Carbon Intensive is Summit Power International's Location?
Summit Power International's Scope 3 Categories Breakdown
The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Downstream Transportation & Distribution" being the largest emissions source at 183% of Scope 3 emissions.
Top Scope 3 Categories
Summit Power International'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.
Summit Power International 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.
