Vena Energy, a leading renewable energy company headquartered in Singapore, is at the forefront of the clean energy transition across the Asia-Pacific region. Founded in 2017, the company has rapidly established itself as a key player in the solar and wind energy sectors, focusing on the development, construction, and operation of sustainable energy projects. With a diverse portfolio that includes utility-scale solar farms and wind power installations, Vena Energy is committed to delivering innovative solutions that meet the growing demand for renewable energy. The company’s unique approach combines advanced technology with local expertise, ensuring efficient project execution and long-term sustainability. Recognised for its significant contributions to the renewable energy landscape, Vena Energy continues to expand its operations, reinforcing its position as a trusted partner in the global shift towards a greener future.
How does Vena 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.
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.
Vena Energy's score of 27 is higher than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Vena Energy reported total carbon emissions of approximately 158,154,000 kg CO2e. This figure includes Scope 1 emissions of about 610,000 kg CO2e, primarily from mobile combustion, and Scope 2 emissions of approximately 21,515,000 kg CO2e from purchased electricity. The company also disclosed significant Scope 3 emissions, totalling around 136,029,000 kg CO2e. Comparatively, in 2022, Vena Energy's total emissions were about 520,796,000 kg CO2e, with Scope 1 emissions at 720,000 kg CO2e, Scope 2 emissions at 24,870,000 kg CO2e, and Scope 3 emissions reaching approximately 495,206,000 kg CO2e. In 2021, the total emissions were around 610,074,000 kg CO2e, with similar breakdowns across the scopes. Vena Energy has set a carbon intensity target for Scope 1 and 2 emissions of 1,800 kg CO2e per MWh by 2025, indicating a commitment to reducing its carbon footprint. However, there are currently no specific science-based targets (SBTi) or documented reduction initiatives reported. The emissions data is sourced directly from Vena Energy PTE Ltd., with no cascading from a parent or related organization. The company continues to focus on sustainability and reducing its environmental impact as part of its operational strategy.
Access structured emissions data, company-specific emission factors, and source documents
| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 850,000 | 000,000 | 000,000 |
| Scope 2 | 12,715,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 596,509,000 | 000,000,000 | 000,000,000 |
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.
Vena Energy 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.
