Public Profile

Thrive Renewables plc

Thrive Renewables plc, headquartered in Great Britain, is a pioneering force in the renewable energy sector, specialising in sustainable energy solutions. Founded in 1994, the company has established itself as a leader in the development and management of renewable energy projects, primarily focusing on wind, solar, and biomass energy. With a commitment to creating a sustainable future, Thrive Renewables offers unique investment opportunities in community-owned renewable energy projects, enabling individuals to contribute to the green energy transition. The company has achieved significant milestones, including the successful operation of multiple wind farms across the UK, solidifying its market position as a trusted provider of clean energy. Thrive Renewables is dedicated to innovation and sustainability, making it a key player in the UK's shift towards a low-carbon economy.

DitchCarbon Score

How does Thrive Renewables plc'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.

16

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.

25

Industry Benchmark

Thrive Renewables plc's score of 16 is lower than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.

22%

Thrive Renewables plc's reported carbon emissions

Thrive Renewables plc, headquartered in Great Britain, has reported significant fluctuations in its carbon emissions over recent years. In 2022, the company recorded a total of approximately 5,764,800 kg CO2e, all attributed to Scope 3 emissions. This marked a substantial increase compared to 2021, where total emissions were about 2,170 kg CO2e, again solely from Scope 3. In 2020, Thrive Renewables achieved a notable reduction in emissions, reporting approximately 2,480 kg CO2e, with Scope 1 emissions at about 2,130 kg CO2e and Scope 3 at 350 kg CO2e. The trend continued from 2019, where total emissions were around 6,480 kg CO2e, with Scope 1 emissions at 2,870 kg CO2e and Scope 3 at 3,610 kg CO2e. As of 2023, no emissions data has been reported, indicating a potential shift in their operational focus or reporting practices. Thrive Renewables has not set specific reduction targets or climate pledges, which may reflect a broader industry context of evolving climate commitments. The company’s emissions profile highlights the importance of addressing Scope 3 emissions, which often represent the largest share of total emissions for many organisations.

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Add to project
2019202020212022
Scope 1
2,870
0,000
-
-
Scope 2
-
-
-
-
Scope 3
3,610
000
0,000
0,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Thrive Renewables plc's primary industry is Electricity nec, which is low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Thrive Renewables plc is headquartered in GB, which has a rank of low, indicating low grid carbon 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.

Thrive Renewables plc 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.

SBTi
CDP
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers