- Talent shortage in the sector.
- Climate change impacts on assets (extreme heat, water stress, fire damage).
- Recycling challenges in the renewable energy sector.
Audax Renovables, S.A. and Subsidiaries
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Audax Renovables, S.A. and Subsidiaries disclosed greenhouse gas emissions of 351.58 tCO2e (Scope 1 & 2). By scope: Scope 1: 303.7 tCO2e; Scope 2: 47.88 tCO2e. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
351.58 tCO2e (Scope 1 & 2)
2023
Renewable Energy
94% (electricity)
of total energy
Water Usage
2.4K m3
2023
Waste
65.54 tons (paper & cardboard) + other hazardous and non-hazardous waste (see report for details)
2023
Energy Use
2.3K MWh
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 303.7 tCO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 47.88 tCO2e |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Improved greenhouse gas inventory including emissions from vehicle fleet for the first time.
- Reforestation of 47.30 hectares by planting more than 10,000 trees and shrubs.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Improve ESG performance and positioning in ESG ratings (Sustainability Strategic Plan 2023-2025).
📅 Medium-term
- Increase renewable energy project portfolio by 2025.
- Achieve climate neutrality by 2050.
🔭 Long-term
- Achieve climate neutrality by 2050.
🌱 ESG Focus Areas
Climate change and decarbonizationEnergy transitionBiodiversity and ecosystemsWorkplace well-being and talent retentionDiversity, equality and just remunerationLocal communitiesAffordable energyCustomer serviceSupply chainCorporate cultureEthical and responsible leadershipInnovation and new technologiesGreen financeInternal and external communicationLegal compliance and risk managementFinancial management and long-term strategy