TerraForm Power, LLC Sustainability Profile
TerraForm Power, LLC, a prominent player in the renewable energy sector, is headquartered in the United States. Founded in 2014, the company has rapidly established itself as a leader in the ownership and operation of solar and wind power assets across North America and Western Europe. TerraForm Power focuses on providing clean, sustainable energy solutions, with a diverse portfolio that includes utility-scale solar farms and wind projects. What sets TerraForm Power apart is its commitment to operational excellence and long-term asset management, ensuring reliable energy production while contributing to a greener future. The company has achieved significant milestones, including strategic acquisitions that have expanded its operational footprint and enhanced its market position. With a strong emphasis on sustainability and innovation, TerraForm Power continues to drive the transition to renewable energy, making a notable impact in the industry.
DitchCarbon Score
How does TerraForm Power, LLC'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 Communication Equipment Manufacturing 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
TerraForm Power, LLC's score of 50 is higher than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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TerraForm Power, LLC, headquartered in the US, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The company is a current subsidiary of Brookfield Renewable Partners L.P., which may influence its climate commitments and performance metrics. As of now, TerraForm Power has not established any documented reduction targets or climate pledges. The absence of specific initiatives or targets suggests that the company may be in the early stages of developing its climate strategy or relies on the broader commitments of its parent organisation. Given its affiliation with Brookfield Renewable Partners L.P., emissions data and climate initiatives may be cascaded from this parent company. However, specific details regarding Brookfield's emissions performance or climate commitments have not been provided in this context. In summary, while TerraForm Power, LLC does not currently disclose emissions data or specific climate commitments, its relationship with Brookfield Renewable Partners L.P. may play a role in shaping its future sustainability initiatives.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 140,035,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 |
| Scope 2 | 54,716,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000 |
| Scope 3 | 1,295,830,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | - |
How Carbon Intensive is TerraForm Power, LLC's Industry?
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TerraForm Power, LLC's Scope 3 Categories Breakdown
TerraForm Power, LLC's Scope 3 emissions, which increased by 59% last year and increased by approximately 82% since 2020, demonstrating supply chain emissions tracking. 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 "Capital Goods" being the largest emissions source at 69% of Scope 3 emissions.
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TerraForm Power, LLC'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.
TerraForm Power, LLC 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.
