Eqtec Sustainability Profile
Eqtec, officially known as Eqtec plc, is a leading provider of advanced gasification technology, headquartered in Ireland (IE). Founded in 2013, the company has established itself in the renewable energy sector, focusing on the conversion of waste into clean energy solutions. With operational projects across Europe and North America, Eqtec is at the forefront of the waste-to-energy industry. The company’s core offerings include its proprietary gasification technology, which uniquely transforms various waste streams into syngas for power generation. This innovative approach not only addresses waste management challenges but also contributes to carbon reduction efforts. Notable achievements include successful project deployments and partnerships that enhance its market position as a pioneer in sustainable energy solutions.
DitchCarbon Score
How does Eqtec'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 Research Services 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
Eqtec's score of 42 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Eqtec's reported carbon emissions
In 2023, EQTEC, headquartered in Ireland (IE), reported total carbon emissions of approximately 573,400,000 kg CO2e for Scope 1, 6,600,000 kg CO2e for Scope 2, and a significant 1,000,000 kg CO2e for various categories under Scope 3, including 161,000,000 kg CO2e from purchased goods and services and 163,500,000 kg CO2e from waste generated in operations. Comparatively, in 2022, the company recorded 713,700,000 kg CO2e in Scope 1 emissions and 12,700,000 kg CO2e in Scope 2, with Scope 3 emissions totalling 146,400,000 kg CO2e from purchased goods and services. This indicates a notable reduction in Scope 1 emissions of about 140,300,000 kg CO2e from 2022 to 2023. Despite these figures, EQTEC has not established specific reduction targets or initiatives as part of their climate commitments, nor do they participate in initiatives such as the Science Based Targets initiative (SBTi). The absence of documented reduction targets suggests a need for further development in their climate strategy. Overall, EQTEC's emissions data reflects a significant operational footprint, particularly in Scope 1 and Scope 3 categories, highlighting the importance of enhanced sustainability measures moving forward.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 737,100,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 11,900,000 | 00,000,000 | 0,000,000 |
| Scope 3 | 293,900,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is Eqtec's Industry?
How Carbon Intensive is Eqtec's Location?
Eqtec's Scope 3 Categories Breakdown
Eqtec's Scope 3 emissions, which increased by 24% last year and increased by approximately 34% since 2021, demonstrating supply chain emissions tracking. A significant portion of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 40% of total emissions under the GHG Protocol, with "Waste Generated in Operations" being the largest emissions source at 42% of Scope 3 emissions.
Top Scope 3 Categories
Eqtec'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.
Eqtec 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.
