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Electrical Machinery Manufacturing
ES
updated 15 days ago

X Elio Sustainability Profile

Company website

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.

40

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.

30

Industry Benchmark

X Elio's score of 40 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.

60%

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X Elio's reported carbon emissions

In 2023, X Elio reported total carbon emissions of approximately 2,628,420 kg CO2e, comprising 14,240 kg CO2e from Scope 1 and about 2,611,180 kg CO2e from Scope 2 emissions. This marks a significant reduction from 2022, where emissions were approximately 97,150,710 kg CO2e, with Scope 1 emissions at 38,630 kg CO2e, Scope 2 at 34,890 kg CO2e, and a substantial 97,315,090 kg CO2e from Scope 3. X Elio has set ambitious climate commitments, aiming for net zero emissions by 2030. This target encompasses a 50% reduction in Scope 1 emissions from 2020 levels by 2030, alongside a similar 50% reduction in Scope 2 emissions from the same baseline. Additionally, the company plans to reduce its Scope 1 and Scope 2 emissions to near zero by 2050. The emissions data for X Elio is cascaded from its parent company, X-ELIO Energy, S.L., and reflects a commitment to sustainability and climate action within the renewable energy sector.

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202020222023
Scope 1
-
00,000
00,000
Scope 2
46,140
00,000
0,000,000
Scope 3
39,344,480
00,000,000
-

How Carbon Intensive is X Elio's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. X Elio's primary industry is Electrical machinery and apparatus n.e.c. (31), which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is X Elio's Location?

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. This request for X Elio is in ES, which has a low grid carbon intensity relative to other regions.

X Elio'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.

X Elio 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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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

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