Termocandelaria S.C.A. E.S.P.
Termocandelaria S.C.A. E.S.P., commonly referred to as Termocandelaria, is a prominent energy company headquartered in Colombia. Established in 1995, the firm has made significant strides in the energy sector, particularly in the generation and distribution of electricity. With a strong operational presence in key regions across Colombia, Termocandelaria focuses on providing reliable and sustainable energy solutions. The company is renowned for its innovative approach to thermal energy generation, utilising advanced technologies that enhance efficiency and reduce environmental impact. Termocandelaria's commitment to sustainability and operational excellence has positioned it as a leader in the Colombian energy market. Notable achievements include significant contributions to the national grid and a reputation for reliability, making it a trusted partner in the energy landscape.
DitchCarbon Score
How does Termocandelaria S.C.A. E.S.P.'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
Termocandelaria S.C.A. E.S.P.'s score of 27 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Termocandelaria S.C.A. E.S.P.'s reported carbon emissions
In 2023, Termocandelaria S.C.A. E.S.P. reported significant carbon emissions totalling approximately 4,000,000,000 kg CO2e. This figure includes 159,866,000 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources, and 5,160,000 kg CO2e from Scope 2 emissions, representing indirect emissions from the generation of purchased electricity. The majority of their emissions, about 3,851,052,000 kg CO2e, fall under Scope 3, which encompasses all other indirect emissions that occur in the value chain. Comparatively, in 2022, the company recorded approximately 4,000,000,000 kg CO2e, with Scope 1 emissions at 169,207,250 kg CO2e and Scope 3 emissions at 3,952,039,150 kg CO2e. In 2021, the emissions were slightly lower, with Scope 1 at 138,474,830 kg CO2e and Scope 3 at 3,702,529,970 kg CO2e. Despite these substantial emissions figures, Termocandelaria S.C.A. E.S.P. has not publicly disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of documented climate pledges or SBTi (Science Based Targets initiative) reduction targets suggests that the company may still be in the early stages of formalising its climate commitments. Overall, while the emissions data indicates a significant environmental impact, the lack of clear reduction strategies highlights an area for potential improvement in their sustainability efforts.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 138,474,830 | 000,000,000 | 000,000,000 |
| Scope 2 | - | - | 0,000,000 |
| Scope 3 | 3,702,529,970 | 0,000,000,000 | 0,000,000,000 |
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.
Termocandelaria S.C.A. E.S.P. is not participating in any 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.
