Ox2

Ox2's reported carbon emissions

OX2, a leading company in the Electricity by wind sector headquartered in SE, has established ambitious climate commitments. For the reporting year 2024, OX2 reported total greenhouse gas emissions of approximately 76,033,000 kg CO2e. This figure comprises Scope 1 emissions of about 46,000 kg CO2e, Scope 2 emissions of roughly 57,000 kg CO2e (market-based), and substantial Scope 3 emissions totalling approximately 75,930,000 kg CO2e. The primary contributors to its Scope 3 emissions in 2024 were purchased goods and services, accounting for around 59,048,000 kg CO2e, and the use of sold products, contributing about 16,409,000 kg CO2e. In 2023, OX2's total emissions were approximately 547,239,000 kg CO2e, with Scope 1 emissions at about 41,000 kg CO2e, Scope 2 at approximately 144,000 kg CO2e (market-based), and Scope 3 emissions a significant 547,055,000 kg CO2e. The dominant factor in 2023 Scope 3 emissions was purchased goods and services, which amounted to approximately 374,885,000 kg CO2e, followed by the use of sold products at roughly 171,342,000 kg CO2e. Looking back, in 2022, total emissions were around 394,055,000 kg CO2e, including Scope 1 emissions of approximately 48,000 kg CO2e, Scope 2 emissions of about 107,000 kg CO2e (market-based), and Scope 3 emissions totalling approximately 393,900,000 kg CO2e. Purchased goods and services were again the largest contributor to Scope 3, at approximately 266,065,000 kg CO2e, with the use of sold products at roughly 127,714,000 kg CO2e. In 2021, OX2 reported total emissions of approximately 147,683,000 kg CO2e, with Scope 1 at about 24,000 kg CO2e, Scope 2 at roughly 59,000 kg CO2e (market-based), and Scope 3 emissions at approximately 147,599,000 kg CO2e. Purchased goods and services were the largest Scope 3 contributor, at around 144,119,000 kg CO2e. OX2 has committed to significant emissions reductions through Science Based Targets initiative (SBTi) validated near-term targets. The company aims to reduce its absolute Scope 1 and Scope 2 greenhouse gas emissions by 42% by 2030, using 2022 as the base year. Additionally, OX2 commits to measuring and reducing its Scope 3 emissions. These targets have been classified as consistent with the reductions required to keep global warming to 1.5°C.