Ditchcarbon
  • Contact
  1. Organizations
  2. Red Electrica
Public Profile
Electricity from Other Sources
ES
updated a month ago

Red Electrica Sustainability Profile

Company website

Red Eléctrica de España (REE) is a leading player in the Spanish electricity sector, headquartered in Madrid, Spain. Founded in 1985, REE has established itself as a pivotal entity in the management and operation of the national electricity grid, ensuring the reliable transmission of electricity across the country. With a focus on sustainability and innovation, REE is at the forefront of integrating renewable energy sources into the grid, enhancing energy efficiency and security. The company’s core services include the operation of the high-voltage transmission network and the management of electricity flows, which are vital for maintaining balance in the energy system. Recognised for its commitment to technological advancement, REE has achieved significant milestones, positioning itself as a benchmark in the industry. Its strategic initiatives and robust infrastructure have solidified its market position, making it a key contributor to Spain's energy transition.

DitchCarbon Score

How does Red Electrica'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.

68

Industry Average

Mean score of companies in the Electricity from Other Sources 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.

25

Industry Benchmark

Red Electrica's score of 68 is higher than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.

84%

Let us know if this data was useful to you

Red Electrica's reported carbon emissions

In 2024, Red Eléctrica de España (Grupo Red Eléctrica) reported significant carbon emissions, totalling approximately 25992000 kg CO2e for Scope 1, 513116000 kg CO2e for Scope 2, and 763304500 kg CO2e for Scope 3. This reflects a slight decrease in Scope 1 emissions from 29570000 kg CO2e in 2023, while Scope 2 emissions decreased from 591970000 kg CO2e, and Scope 3 emissions increased from 719510000 kg CO2e in the same period. The company has set ambitious climate commitments, aiming for a 55% reduction in absolute Scope 1 and 2 emissions by 2030, compared to a 2019 baseline. Additionally, Red Eléctrica is targeting a 90% reduction in these emissions by 2050. For Scope 3 emissions, the company aims for a 28% reduction by 2030 and a 90% reduction by 2050. These targets are aligned with the Science Based Targets initiative (SBTi) and are designed to support the company's overall net-zero commitment by 2050. Red Eléctrica's emissions data is sourced from Redeia Corporación, S.A., and reflects a commitment to transparency and accountability in its climate strategy. The company is actively working towards reducing its carbon footprint while contributing to global climate goals.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2011201220132015201620172018201920202021202220232024
Scope 1
68,304,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 2
-
-
-
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
Scope 3
-
-
-
000,000,000
000,000,000
0,000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000

How Carbon Intensive is Red Electrica's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Red Electrica's primary industry is Electricity from Other Sources, which is medium in terms of carbon intensity compared to other industries.

How Carbon Intensive is Red Electrica's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Red Electrica is in ES, which has a low grid carbon intensity relative to other regions.

Red Electrica's Scope 3 Categories Breakdown

Red Electrica's Scope 3 emissions, which increased by 6% last year and increased by approximately 22% since 2015, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 59% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 63% of Scope 3 emissions.

Top Scope 3 Categories

2024
Purchased Goods and Services
63%
Capital Goods
20%
Investments
15%
Downstream Leased Assets
1%
Business Travel
<1%
Employee Commuting
<1%
Upstream Transportation & Distribution
<1%
Fuel and Energy Related Activities
<1%
Waste Generated in Operations
<1%

Red Electrica'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.

Red Electrica has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Red Electrica's Emissions with Industry Peers

Duke Energy

US
•
Electricity nec
Updated 10 days ago

Intelsat US LLC

US
•
Post and telecommunication services (64)
Updated about 2 months ago

Public Joint-Stock Company Federal Grid Company of Unified Energy System

RU
•
Transmission services of electricity
Updated 9 days ago

Public Joint stock company Rosseti Lenenergo

RU
•
Transmission services of electricity
Updated 12 days ago

Interregional Distribution Grid Company of Urals, Joint Stock Company

RU
•
Transmission services of electricity
Updated 12 days ago

Nextera Energy Partners Lp

US
•
Electricity by wind
Updated 2 days ago

Frequently Asked Questions

Common questions about Red Electrica's sustainability data and climate commitments

Let us know if this data was useful to you

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

Ditchcarbon
v251114.2
[email protected]+44 203 475 7875Ditch Carbon Ltd167-169 Great Portland StreetLondon W1W 5PF
UL Solutions verification badge
CDP logo
Gartner Cool Vendor 2025 badge
AWS Marketplace logo
ProductPortalScope 3 Tool FunctionalityDataIntegrationsPricing
CustomersHaleonGrant ThorntonHikmaRead all stories
SolutionsProcurement teamsSustainability teamsPlatform ownersCarbon accountants
ResourcesCalculation MethodologyDocumentationBlogFAQOrganizationsIndustriesSBTI APITrust CentreChangelog
AboutTeamCareersLicense AgreementPrivacy