- Rising input and financing costs for infrastructure investments
- Challenges in fundraising for specialty investment strategies (energy efficiency, carbon forestry, growth private equity)
- Low timber prices and high diesel costs in carbon forestry
- Geopolitical uncertainties and higher interest rates impacting fundraising
- Industry-wide reluctance to share supply chain information
- Lack of transparency in solar PV supply chains regarding human rights
Aquila Group
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Aquila Group disclosed greenhouse gas emissions of 2.9K t CO2e/year (Scope 1-3). By scope: Scope 1: 401 t CO2e/year; Scope 2: 487 t CO2e/year; Scope 3: 2.0K t CO2e/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
2.9K t CO2e/year (Scope 1-3)
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). | 401 t CO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 487 t CO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 2.0K t CO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 2.9K t CO2e/year (Scope 1-3) |
| 2022 | 3.0K tCO2e (Scope 1-3) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Clean energy portfolio with potential to avoid up to 130 million tonnes CO2e over its lifetime
- 19.8 GW installed and developed capacity in wind, solar PV, hydropower, and battery storage
- 1.3 million sqm of Green Logistics projects completed or under development
- 13,447 ha of direct forest investments
- 50 energy efficiency projects across Europe
- Azambuja Green Logistics complex (Portugal) achieved BREEAM Excellent certification
🎯 Climate & Sustainability Targets
🔜 Short-term
- Maintain voluntary employee turnover rate of 15% or lower until 2025
- Achieve ISO certifications (14001, 50001, 14064) by 2024 for AQ Compute
📅 Medium-term
- Reduce Scope 3 business travel emissions intensity by 20% by 2030
- Avoid 1.5 billion tonnes CO2e by 2035 across portfolio lifetime
- Obtain Environmental Product Declarations (EPDs) from 50% of sub-contractors by 2030 for AQ Compute
🔭 Long-term
- Achieve Net Zero emissions by 2050 for AQ Compute
🌱 ESG Focus Areas
Climate change mitigationEnergy transitionDecarbonisationSustainable investmentsEmployee satisfactionSupply chain transparencyHuman rightsCommunity engagement