Scatec Solar ASA

Renewable Electricity

SCATC.OL

NOK 85 (0.12)%

Share price

$ 1.4 bn

Market Cap

$ 3.4 bn

Enterprise Value

Carbon footprint

GHG emissions per $ 1 mln investment

0.04x the weighted average for S&P 500

FY2021

Primary Climate Goal

Proj. YOY change in GHG emissions (Scope 1 + 2)

Weaker than the -6.6% weighted average for S&P 500

FY2022

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

GHG emissions and Carbon intensity

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.

Date	Total CO2e emissions (market-based Scope 1 & 2) (Kt)	Scope 1	Scope 2	Scope 3	Revenue (USDm)	Carbon intensity (tons of CO2e) / (USDm)
2021Q4	4.7	0.92	3.8	25
2020Q4	3.7	0.76	2.9	6	311	12
2019Q4	7	1.8	5.1	241
2018Q4	6.1	4.9	1.2
2017Q4	0.98	0.21	0.77

Scatec Solar ASA

Carbon footprint

Primary Climate Goal

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

GHG emissions and Carbon intensity

Scatec Solar ASA's carbon footprint

Company environmental metrics