Scatec Solar ASA

Renewable Electricity
SCATC.OL
NOK 90 (0.11)%
Share price
$ 1.6 bn
Market Cap
$ 3.6 bn
Enterprise Value

Carbon footprint

1.3 Ton
GHG emissions per $ 1 mln investment
0.05x the weighted average for S&P 500
FY2021
How is this calculated?
+28%
YOY change in GHG emissions
Weaker than the -8.7% weighted average for S&P 500
FY2021 vs. previous year

Primary Climate Goal

-2.8%
Proj. YOY change in GHG emissions (Scope 1 + 2)
Weaker than the -5.1% weighted average for S&P 500
FY2022
How is this calculated?

Scatec Solar ASA aims to reduce Scope 1 + 2 by 50% by 2030 from a base year 2019


This target has not been verified as science based according to SBTi
Scatec Solar ASA's actual and proj. GHG emissions (Scope 1 + 2) (Kt of CO2e)

GHG emissions and Carbon intensity

Scatec Solar ASA's GHG emissions (market-based) (Kt of CO2e)
Scatec Solar ASA's Carbon intensity (Tons per 1 USDm)

Scatec Solar ASA's carbon footprint

Scatec Solar ASA reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 4.7 Kt (+1/+28% y-o-y). Carbon intensity also .

Scatec Solar ASA's Scope 3 emissions increased to 25 Kt (+19/+322% y-o-y). The performance has been erratic recently.

The company is committed to reducing Scope 1 + 2 by 50% by 2030 from a base year 2019, which translates into the estimated reduction of -0.13 Kt per annum over the period of FY2022 - FY2030. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Company environmental metrics

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