- Increased emissions in 2023 compared to baseline year due to increased business activity
- Supply-demand imbalance of key materials for renewable energy projects
- Grid connection queues delaying project deployment
- Maintaining social license to operate in communities hosting projects
- Increased costs from complying with new reporting obligations
- Potential risks around extreme weather events and chronic changes to weather patterns
RES Group
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, RES Group disclosed greenhouse gas emissions of 514.1K tCO2e/year. By scope: Scope 1: 508.8K tCO2e/year; Scope 2: 3.6M tCO2e/year. 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
514.1K tCO2e/year
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). | 508.8K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 3.6M tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Avoided over 23 million tonnes of CO2 emissions in 2023
- Supported afforestation and forest conservation projects offsetting direct and indirect emissions
- Achieved nearly waste-free decommissioning of battery storage projects (98% recycling)
- Improved the rigour and depth of emissions data collection processes
- Launched SBTi approved net zero targets and developed an action plan
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce TRIR to 0.3 per 200,000 hours by 2025
📅 Medium-term
- Scope 1 & 2 emissions reduction by 42% by 2030
- Reduce carbon intensity of Scope 3 emissions by 52% by 2030
🔭 Long-term
- Scope 1 & 2 emissions reduction by 90% by 2050
- Reduce carbon intensity of Scope 3 emissions by 97% by 2050
🌱 ESG Focus Areas
Climate ChangeDiversity, Equity, and InclusionHealth and SafetyCommunity EngagementSustainable ProcurementResponsible Business Practices