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 45 is higher than 67% 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 2024, Arteche reported total carbon emissions of approximately 645,890 kg CO2e, comprising 2,890 kg CO2e from Scope 1 and 643,000 kg CO2e from Scope 2. This marks a slight increase from 2023, where emissions were about 605,588 kg CO2e, with 2,588 kg CO2e from Scope 1 and 603,000 kg CO2e from Scope 2. Arteche's emissions data for 2022 indicates a significant total of approximately 470,000,000 kg CO2e, which included 2,525,000 kg CO2e from Scope 1, 5,674,000 kg CO2e from Scope 2, and a substantial 462,565,000 kg CO2e from Scope 3 emissions. The company has disclosed emissions data for Scopes 1, 2, and 3 for 2022, while only Scopes 1 and 2 are reported for 2023 and 2024. Arteche has set ambitious near-term reduction targets through the Science Based Targets initiative (SBTi). The company aims to reduce absolute Scope 1 and Scope 2 greenhouse gas emissions by 42% by 2030, using 2023 as the base year. Additionally, Arteche is committed to a 25% reduction in absolute Scope 3 emissions within the same timeframe. These targets align with the necessary reductions to limit global warming to 1.5°C. Arteche is also committed to achieving net-zero emissions across all scopes by 2050, demonstrating its dedication to long-term sustainability and climate action. The emissions data and reduction targets are sourced from Arteche Lantegi Elkartea, S.A., reflecting the company's commitment to transparency and accountability in its environmental impact.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 2,226,249.1 | 0,000,000.00 | 0,000,000 | 0,000 | 0,000 |
| Scope 2 | 7,644,213.22 | 0,000,000 | 0,000,000 | 000,000 | 000,000 |
| Scope 3 | - | 00,000,000.00 | 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