Ventient Energy

Ventient Energy, a UK-based electricity producer from wind, has reported its carbon emissions for 2022 and 2021. In 2022, the company's total greenhouse gas emissions were approximately 84.7 billion kg CO2e. This figure comprises Scope 1 emissions of about 353,880 kg CO2e, Scope 2 emissions of approximately 809,340 kg CO2e (market-based), and substantial Scope 3 emissions totalling around 83.5 billion kg CO2e. The primary contributor to Scope 3 emissions in 2022 was capital goods, accounting for approximately 81.7 billion kg CO2e.

For 2021, Ventient Energy's total emissions were significantly lower, at approximately 961,750 kg CO2e. This included Scope 1 emissions of about 296,140 kg CO2e and Scope 2 emissions of approximately 333,650 kg CO2e (market-based). Scope 3 emissions for 2021 were also reported, with capital goods contributing approximately 81.7 billion kg CO2e, fuel and energy-related activities around 293,580 kg CO2e, and upstream transportation and distribution at roughly 293,580 kg CO2e.

Ventient Energy is committed to reducing its environmental impact. The company has set a near-term target to reduce its Scope 1 and Scope 2 greenhouse gas emissions by 46% by 2030, using a 2019 baseline year. This target has been approved by the Science Based Targets initiative (SBTi) as consistent with keeping warming to 1.5°C. Ventient Energy also aims to measure and reduce its Scope 3 emissions. Additionally, a separate document indicates a target of a 32% GHG emissions reduction by 2030. Ventient Energy is currently structured as a subsidiary, and its emissions data and reduction targets are cascaded from Ventient Energy Limited.