Ox2
Ox2, officially known as Ox2 AB, is a leading player in the renewable energy sector, headquartered in Sweden (SE). Founded in 2006, the company has established a strong presence in the Nordic region, focusing on the development and management of wind and solar energy projects. With a commitment to sustainability, Ox2 offers unique solutions that encompass the entire lifecycle of renewable energy projects, from initial planning to operational management. Their innovative approach has positioned them as a key contributor to the transition towards a greener economy. Notable achievements include the successful development of numerous large-scale wind farms, solidifying Ox2's reputation as a trusted partner in the industry. As a pioneer in renewable energy, Ox2 continues to drive progress and set benchmarks for excellence in sustainable energy solutions.
DitchCarbon Score
How does Ox2'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 Wind Power 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
Ox2's score of 25 is lower than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Ox2's reported carbon emissions
In 2022, Ox2 reported total carbon emissions of approximately 242,631,000 kg CO2e, with emissions distributed across various scopes: 46,000 kg CO2e (Scope 1), 102,000 kg CO2e (Scope 2), and a significant 242,484,000 kg CO2e (Scope 3). This marked a notable increase from 2021, when total emissions were about 137,275,000 kg CO2e, with Scope 1 at 23,000 kg CO2e, Scope 2 at 55,000 kg CO2e, and Scope 3 at 137,197,000 kg CO2e. In 2020, total emissions were even higher at approximately 461,968,000 kg CO2e, predominantly from Scope 3 emissions. Ox2 has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 greenhouse gas emissions by 42% by 2030, using 2022 as the baseline year. This target has been approved through a streamlined validation route for small and medium-sized enterprises (SMEs) and aligns with the 1.5°C climate goal. Additionally, Ox2 is committed to measuring and reducing its Scope 3 emissions, although specific targets for these emissions have not been disclosed. Overall, Ox2's climate strategy reflects a proactive approach to addressing its carbon footprint, particularly in the context of the electric utilities and independent power producers sector, where it operates.
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| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | 58,000 | 00,000 | 00,000 |
| Scope 2 | 8,000 | 00,000 | 000,000 |
| Scope 3 | 461,902,000 | 000,000,000 | 000,000,000 |
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.
Ox2 is participating in some 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.
