X Elio Sustainability Profile
X Elio, officially known as X Elio Energy, is a prominent player in the renewable energy sector, headquartered in Spain. Founded in 2011, the company has rapidly established itself as a leader in solar energy solutions, with significant operations across Europe, Latin America, and the United States. Specialising in the development, construction, and operation of solar photovoltaic plants, X Elio is recognised for its innovative approach and commitment to sustainability. The company’s unique ability to deliver large-scale solar projects efficiently has garnered it a strong market position, contributing to its reputation for excellence in the industry. With a focus on maximising energy production while minimising environmental impact, X Elio continues to achieve notable milestones, reinforcing its status as a key player in the global transition to renewable energy.
DitchCarbon Score
How does X Elio'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 Electrical Machinery Manufacturing 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
X Elio's score of 40 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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X Elio's reported carbon emissions
In 2023, X Elio reported total carbon emissions of approximately 267.8 million kg CO2e, comprising 14,240 kg CO2e from Scope 1 and about 2.1 million kg CO2e from Scope 2 emissions. Notably, there is no reported data for Scope 3 emissions. This represents a significant reduction from 2022, where total emissions were approximately 97.4 million kg CO2e, with Scope 1 emissions at 38,630 kg CO2e, Scope 2 at 34,890 kg CO2e, and Scope 3 at about 97.3 million kg CO2e. X Elio has set ambitious climate commitments, aiming for net zero emissions by 2030. The company plans to reduce its Scope 1 emissions by 50% from 2020 levels by 2030, and similarly, it targets a 50% reduction in Scope 2 emissions from the same baseline. Additionally, X Elio aims to achieve near-zero emissions for both Scope 1 and Scope 2 by 2050. The emissions data is cascaded from its parent company, X-ELIO Energy, S.L., and reflects the company's commitment to sustainability and climate action within the renewable energy sector.
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| 2020 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | - | 00,000 | 00,000 |
| Scope 2 | 46,140 | 00,000 | 0,000,000 |
| Scope 3 | 39,344,480 | 00,000,000 | - |
How Carbon Intensive is X Elio's Industry?
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X Elio'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.
X Elio 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.
