- Delays and extra costs in projects under construction.
- Potential increase in long-term interest rates.
- Delays in collections from Pemex.
- Unscheduled outage and prolonged maintenance stop at Kaxu.
- Lower electricity prices in Spain and Chile.
- Project debts of Chile PV 1 and 2 under an event of default.
- High competition for qualified personnel.
- Severe winter weather affecting Coso.
- High volatility in capital and credit markets.
- Cybersecurity risks.
Atlantica Sustainable Infrastructure plc
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Atlantica Sustainable Infrastructure plc disclosed greenhouse gas emissions of 2.4K thousand tonnes of CO2e (with offsets); 2824 thousand tonnes of CO2e (without offsets). By scope: Scope 1: 1.4K thousand tonnes of CO2e (with offsets); 1775 thousand tonnes of CO2e (without offsets); Scope 2: 250 thousand tonnes of CO2e; Scope 3: 799 thousand tonnes of CO2e. 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.
📊 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). | 1.4K thousand tonnes of CO2e (with offsets); 1775 thousand tonnes of CO2e (without offsets) |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 250 thousand tonnes of CO2e |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 799 thousand tonnes of CO2e |
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 | 2.4K thousand tonnes of CO2e (with offsets); 2824 thousand tonnes of CO2e (without offsets) |
| 2020 | 2.8K thousand tons CO2e (after offsetting) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced Scope 1 and 2 GHG emissions per kWh of energy generated and Scope 3 GHG emissions per kWh of energy generated for the fourth consecutive year.
- Offset 380 thousand tons of Scope 1 GHG emissions.
- Invested 97% of CapEx in activities aligned with EU Taxonomy.
- Reduced water consumption by 5% compared to 2022.
- Reduced total hazardous waste by 27% compared to the previous year.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Increase installed capacity under construction by 25% over three years.
- Increase development pipeline by 20% over three years.
- Reduce Scope 1 GHG emission per unit of energy generated.
- Maintain CDP and Sustainalytics ratings among the top quartile of peers.
- Improve by 10% on key Health & Safety KPIs (TRIR, LTIR).
📅 Medium-term
- Reduce Scope 1 and 2 GHG emissions per kWh of energy generated by 70% by 2035 (from a 2020 base year).
- Reduce Scope 3 GHG emissions per kWh of energy generated by 70% by 2035 (from a 2020 base year).
- Reduce non-GHG emissions per kWh of energy generated by 50% by 2035 (from a 2020 base year).
- Reduce water consumption per kWh of energy generated by 50% by 2035 (from a 2020 base year).
- Review 70% of total annual operating expenses (Tier 1 suppliers) by 2024 year-end.
🔭 Long-term
- Achieve Net Zero GHG emissions by 2040.
- Reduce hazardous and non-hazardous waste per unit of energy generated by 30% and 40%, respectively, by 2035 (from a 2023 base year).