Ingeteam SA
Ingeteam SA, a leading global player in the renewable energy sector, is headquartered in Spain (ES) and operates extensively across Europe, North America, and Latin America. Founded in 1972, the company has established itself as a pioneer in the development of electrical engineering solutions, particularly in the fields of solar energy, wind power, and energy storage systems. Ingeteam's core offerings include advanced power conversion systems, control systems, and operation and maintenance services, all designed to optimise energy efficiency and performance. Their innovative technology and commitment to sustainability have positioned them as a trusted partner in the transition to a greener energy landscape. With numerous accolades and a strong market presence, Ingeteam continues to drive advancements in the renewable energy industry, contributing significantly to global energy solutions.
DitchCarbon Score
How does Ingeteam SA'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 Financial Intermediation 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
Ingeteam SA's score of 38 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Ingeteam SA's reported carbon emissions
Ingeteam SA, headquartered in Spain, reported significant carbon emissions for the year 2023, totalling approximately 43,000,000 kg CO2e. This figure includes 6,578,000 kg CO2e from Scope 1 emissions, 1,516,000 kg CO2e from Scope 2 emissions, and a substantial 34,939,000 kg CO2e from Scope 3 emissions, primarily attributed to business travel. Comparatively, in 2022, Ingeteam's emissions were about 39,000,000 kg CO2e, with Scope 1 emissions at 5,769,000 kg CO2e, Scope 2 at 663,000 kg CO2e, and Scope 3 emissions reaching 38,092,000 kg CO2e. This indicates a slight increase in total emissions year-on-year, particularly in Scope 3. In 2021, the company reported total emissions of approximately 7,000,000 kg CO2e, with Scope 1 at 5,518,000 kg CO2e, Scope 2 at 5,959,000 kg CO2e, and a much lower Scope 3 figure of 1,252,000 kg CO2e. The emissions from 2020 were significantly higher, at about 67,000,000 kg CO2e, primarily due to Scope 1 emissions of 60,421,819 kg CO2e. Despite these figures, Ingeteam has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company continues to monitor and report its emissions across all scopes, demonstrating a commitment to transparency in its climate impact.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 3,439,360 | 00,000,000.00 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 8,381,550 | 0,000,000 | 0,000,000 | 000,000 | 0,000,000 |
| Scope 3 | 14,939,880 | - | 0,000,000 | 00,000,000 | 00,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Ingeteam SA is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
