Encavis

Encavis, a German-headquartered company in the Electricity by Wind industry, reported total emissions of approximately 145.76 million kg CO2e in 2024. This figure includes about 617,000 kg CO2e from Scope 1 emissions, approximately 1.89 million kg CO2e from Scope 2 emissions, and roughly 143.25 million kg CO2e from Scope 3 emissions.

In 2023, Encavis's total emissions were approximately 286.22 million kg CO2e, comprising about 611,000 kg CO2e from Scope 1, approximately 540,000 kg CO2e from Scope 2, and roughly 285.07 million kg CO2e from Scope 3. Looking back to 2022, total emissions stood at approximately 326.44 million kg CO2e, with Scope 1 at about 223,000 kg CO2e, Scope 2 at approximately 196,000 kg CO2e (market-based), and Scope 3 at around 326.02 million kg CO2e. Key Scope 3 categories in 2022 included investments (about 89.87 million kg CO2e) and capital goods (around 232.13 million kg CO2e). In 2021, the company's total emissions were approximately 474.91 million kg CO2e, including about 39,000 kg CO2e from Scope 1, approximately 3.29 million kg CO2e from Scope 2, and roughly 471.58 million kg CO2e from Scope 3. In 2020, Encavis reported approximately 20,000 kg CO2e in Scope 1 emissions, about 4.74 million kg CO2e in Scope 2 emissions, and roughly 553.88 million kg CO2e in Scope 3 emissions.

Encavis has set ambitious climate commitments validated by the Science Based Targets initiative (SBTi). The company commits to reducing Scope 1 and Scope 2 greenhouse gas emissions by 42% by 2030 from a 2020 base year. Additionally, Encavis pledges to measure and reduce its Scope 3 emissions. As part of its long-term strategy, Encavis AG commits to reaching net-zero by 2040, which includes reducing combined Scope 1, 2, and 3 emissions by 95% by 2040 from a 2020 base year. These targets, covering greenhouse gas emissions from company operations (Scopes 1 and 2), are consistent with reductions required to keep global warming to 1.5°C.