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 65% 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 and no reported Scope 2 emissions. This marks a notable decrease from 2022, where total emissions were about 471,065,000 kg CO2e, including 2,525,000 kg CO2e in Scope 1 and 5,674,000 kg CO2e in Scope 2. The company has set ambitious near-term reduction targets, committing to a 42% reduction in absolute Scope 1 and Scope 2 emissions by 2030 from a 2023 baseline, and a 25% reduction in absolute Scope 3 emissions within the same timeframe. These targets align with the Science Based Targets initiative (SBTi) and are designed to support global efforts to limit warming to 1.5°C. Arteche's climate commitments reflect a proactive approach to sustainability within the electrical equipment and machinery sector, demonstrating a clear pathway towards significant emissions reductions.
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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