Clearway Energy Sustainability Profile
Clearway Energy Group, headquartered in the United States, is a prominent player in the renewable energy sector, specialising in solar and wind energy solutions. Founded in 2017, the company has rapidly established itself as a leader in the industry, focusing on sustainable energy production across various operational regions, including the United States and parts of Latin America. Clearway Energy offers a diverse portfolio of services, including energy generation, power purchase agreements, and renewable energy project development. What sets Clearway apart is its commitment to innovation and sustainability, driving significant advancements in clean energy technology. With a strong market position, the company has achieved notable milestones, including the successful deployment of large-scale renewable projects that contribute to a greener future.
DitchCarbon Score
How does Clearway Energy'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 Distribution 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
Clearway Energy's score of 25 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Clearway Energy's reported carbon emissions
In 2023, Clearway Energy reported total carbon emissions of approximately 540,000,000 kg CO2e for Scope 1 and about 5,400,000 kg CO2e for Scope 2. This marks a reduction from 2022, where emissions were approximately 650,000,000 kg CO2e for Scope 1 and 10,000,000 kg CO2e for Scope 2. The company has demonstrated a commitment to reducing its carbon footprint, aiming for net-zero emissions for both Scope 1 and Scope 2 by 2050, as outlined in their 2023 ESG report. Clearway Energy's emissions data is cascaded from its parent company, Clearway Energy Group LLC, which is a current subsidiary. The company has not disclosed any Scope 3 emissions data. Their long-term climate strategy includes significant reduction targets, with a focus on achieving net-zero emissions by 2050, reflecting a proactive approach to climate commitments in the energy sector.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 1,200,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 100,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 |
| Scope 3 | - | - | - | - | - | - |
How Carbon Intensive is Clearway Energy's Industry?
How Carbon Intensive is Clearway Energy's Location?
Clearway Energy'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.
Clearway Energy 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.
