Arteche Sustainability Profile
Arteche, officially known as Arteche Group, is a leading provider of electrical solutions headquartered in Spain. Established in 1946, the company has grown to become a key player in the energy sector, with significant operations across Europe, Latin America, and Asia. Arteche specialises in high-quality products and services for electrical utilities, including measurement and protection equipment, transformers, and smart grid solutions. Renowned for its innovative approach, Arteche has achieved notable milestones, such as the development of advanced digital technologies that enhance grid reliability and efficiency. With a strong market position, the company is recognised for its commitment to sustainability and customer-centric solutions, making it a trusted partner in the global energy landscape.
DitchCarbon Score
How does Arteche'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 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.
Industry Benchmark
Arteche's score of 42 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Arteche's reported carbon emissions
In 2023, Arteche reported total carbon emissions of approximately 466,114,000 kg CO2e, with 2,040,000 kg CO2e attributed to Scope 1 emissions. The company did not disclose Scope 2 emissions for this year. In comparison, 2022 emissions were approximately 462,565,000 kg CO2e for Scope 3, alongside 2,525,000 kg CO2e for Scope 1 and 5,674,000 kg CO2e for Scope 2, totalling about 8,199,000 kg CO2e for Scopes 1 and 2 combined. Arteche has set ambitious near-term reduction targets through the Science Based Targets initiative (SBTi). The company aims to achieve a 42% reduction in absolute Scope 1 and Scope 2 greenhouse gas emissions by 2030, using 2023 as the base year. Additionally, Arteche is committed to reducing its absolute Scope 3 emissions by 25% within the same timeframe. Arteche is a member of the BA1.5 initiative, indicating its commitment to align with the 1.5°C climate goal. The company has also pledged to achieve net-zero emissions across all scopes by 2050, reflecting its dedication to long-term sustainability and climate action.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 2,226,249.1 | 0,000,000.00 | 0,000,000 | 0,000,000 |
| Scope 2 | 7,644,213.22 | 0,000,000 | 0,000,000 | - |
| Scope 3 | - | 00,000,000.00 | 000,000,000 | 000,000,000 |
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Arteche'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.
Arteche has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
Frequently Asked Questions
Common questions about Arteche's sustainability data and climate commitments