X Elio

X-ELIO, an electrical machinery and apparatus company headquartered in ES, has reported significant carbon emissions and established ambitious climate commitments. For the 2023 reporting year, X-ELIO recorded approximately 2,115,180 kg CO2e for Scope 2 emissions (market-based). Scope 1 emissions for 2023 were approximately 14,240 kg CO2e. The company has not disclosed Scope 3 emissions for this period.

In 2022, X-ELIO's total emissions, encompassing Scope 1, 2, and 3, amounted to approximately 97,353,720 kg CO2e. This figure includes Scope 1 emissions of about 38,630 kg CO2e, Scope 2 emissions of roughly 34,890 kg CO2e, and Scope 3 emissions totalling approximately 97,315,090 kg CO2e.

X-ELIO has set a clear net-zero target by 2030, with a specific focus on reducing its emissions. The company aims to achieve a 50% reduction in Scope 1 emissions by 2030, using 2020 as a baseline. Similarly, X-ELIO intends to cut its Scope 2 emissions by 50% by 2030, also from a 2020 baseline. Further reinforcing its long-term strategy, X-ELIO aims to reduce its Scope 1 and Scope 2 emissions to near zero by 2050.

The emissions data for X-ELIO is inherited from its corporate parent, X-ELIO Energy, S.L., at cascade level 1. This cascading relationship indicates that the reported emissions and climate targets are aligned with the broader corporate family's sustainability strategy.