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Neoen S.A., a leading player in the electricity sector, is headquartered in France and operates extensively across Europe, Australia, and Latin America. Founded in 2008, the company has rapidly established itself as a pioneer in solar thermal energy, focusing on innovative solutions that harness the sun's power for sustainable electricity generation.
Neoen's core offerings include large-scale solar thermal projects, which are distinguished by their efficiency and ability to provide reliable energy even during non-sunny periods. The company has achieved significant milestones, including the development of some of the world's largest solar farms, positioning itself as a key contributor to the global transition towards renewable energy. With a commitment to sustainability and cutting-edge technology, Neoen continues to lead the charge in the renewable energy landscape.
+18 vs industry average
Neoen’s score of 29 is higher than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Solar Thermal Electricity is among the most carbon-intensive industries
The Solar Thermal Electricity industry has reduced its overall emissions by 36% since 2018
Scope 3 accounts for ••• of total emissions.
Neoen, a French-headquartered company specialising in electricity generation by solar thermal, reported its total carbon emissions for 2024 as approximately 558.96 million kg CO2e. This figure includes Scope 1 emissions of approximately 1.88 million kg CO2e, Scope 2 emissions of approximately 32.50 million kg CO2e, and Scope 3 emissions of approximately 523.58 million kg CO2e.
Looking back, in 2023, Neoen's total emissions were approximately 609.81 million kg CO2e, with Scope 1 at about 2.16 million kg CO2e, Scope 2 at about 20.61 million kg CO2e, and Scope 3 at about 587.05 million kg CO2e. For 2022, the company's total emissions were roughly 291.99 million kg CO2e, comprising approximately 1.75 million kg CO2e for Scope 1, 9.16 million kg CO2e for Scope 2, and 281.09 million kg CO2e for Scope 3. In 2020, total emissions were around 464.00 million kg CO2e, with Scope 1 at about 1.09 million kg CO2e, Scope 2 at about 0.67 million kg CO2e, and Scope 3 at about 461.94 million kg CO2e. Emissions data for 2021 showed a total of approximately 464.00 million kg CO2e; however, specific breakdown by scope was not available for that year.
Neoen is committed to significant emissions reduction, aiming to achieve near-zero Scope 1 and Scope 2 emissions by the middle of this decade (between 2023 and 2025). This ambitious net-zero target is detailed in their 2023 Sustainability Report. All reported emissions data and climate commitments are cascaded from Neoen S.A.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
No scope 3 category breakdown has been disclosed yet.


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