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Public Profile
Financial Intermediation
ES
updated 16 days ago

Ingeteam SA

Company website

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.

33

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.

27

Industry Benchmark

Ingeteam SA's score of 33 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.

59%

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Ingeteam SA's reported carbon emissions

Ingeteam SA reported a total carbon emissions of approximately 40,000,000 kg CO2e for the year 2023, with emissions distributed across various scopes. Specifically, Scope 1 emissions were about 5,838,000 kg CO2e, while Scope 2 emissions totalled approximately 742,000 kg CO2e. The most significant contributor was Scope 3 emissions from business travel, which accounted for about 34,939,000 kg CO2e. Comparatively, in 2022, Ingeteam SA's emissions were slightly lower, with Scope 1 at approximately 5,769,000 kg CO2e, Scope 2 at around 663,000 kg CO2e, and Scope 3 emissions from business travel reaching about 38,092,000 kg CO2e. This indicates a slight reduction in Scope 1 and Scope 2 emissions, while Scope 3 emissions saw a decrease as well. Despite these figures, Ingeteam SA has not set specific reduction targets or initiatives as part of their climate commitments, nor do they appear to have cascaded targets from a parent organisation. The company operates as a current subsidiary and does not inherit any specific climate-related targets from a corporate family relationship. Overall, Ingeteam SA's emissions data reflects their ongoing efforts to monitor and manage their carbon footprint, although further commitments and reduction strategies would enhance their climate action profile.

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20222023
Scope 1
5,769,000
0,000,000
Scope 2
663,000
000,000
Scope 3
38,092,000
00,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Ingeteam SA's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

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 Ingeteam SA is in ES, which has a low grid carbon intensity relative to other regions.

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.

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

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Where does DitchCarbon data come from?

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