X Elio
X Elio, officially known as X Elio Energy, is a prominent player in the renewable energy sector, headquartered in Spain. Founded in 2011, the company has rapidly established itself as a leader in solar energy solutions, with significant operations across Europe, Latin America, and the United States. Specialising in the development, construction, and operation of solar photovoltaic plants, X Elio is recognised for its innovative approach and commitment to sustainability. The company’s unique ability to deliver large-scale solar projects efficiently has garnered it a strong market position, contributing to its reputation for excellence in the industry. With a focus on maximising energy production while minimising environmental impact, X Elio continues to achieve notable milestones, reinforcing its status as a key player in the global transition to renewable energy.
DitchCarbon Score
How does X Elio'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 Electrical Machinery 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
X Elio's score of 40 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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X Elio's reported carbon emissions
In 2023, X Elio reported total carbon emissions of approximately 2,129,420 kg CO2e, comprising 14,240 kg CO2e from Scope 1 and about 2,115,180 kg CO2e from Scope 2 emissions. This marks a significant focus on reducing their carbon footprint, as the company aims to achieve net zero emissions by 2030 for both Scope 1 and Scope 2 emissions. To support this commitment, X Elio has set ambitious reduction targets, including a 50% reduction in Scope 1 emissions from 2020 levels by 2030, which translates to a target of reducing emissions to about 7,620 kg CO2e. Similarly, they aim to cut Scope 2 emissions by 50% from 2020 levels, targeting approximately 17,070 kg CO2e by 2030. Looking further ahead, X Elio has long-term goals to reduce both Scope 1 and Scope 2 emissions to near zero by 2050. This comprehensive approach underscores their commitment to sustainability and aligns with industry standards for climate action.
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| 2020 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | - | 00,000 | 00,000 |
| Scope 2 | 46,140 | 00,000 | 0,000,000 |
| Scope 3 | 39,344,480 | 00,000,000 | - |
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.
X Elio 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.
