Energy transition
Our growth contributes directly to the fight against climate change, making the energy transition and the decarbonization of the economy a reality. The replacement of fossil fuels by renewable energies is key to reduce the greenhouse gas emissions of our society and to limit global warming below 1.5ºC
1.6 MW
own projects in construction and operation
245,225 tCO2e
avoided by our renewable energy projects in 2022
5.000 MW
operational target by 2025
Carbon footprint calculations
We measure our scope 1, 2 and 3 emissions generated directly or indirectly with our activity in accordance with the criteria of the international standards GHG Protocol and ISO14064, including the emissions of all GHGs relevant to the company.
We also disaggregate and calculate Scope 3 emissions according to the GHG Protocol categories (Cat 1: Purchase of goods and services / Cat 4: Upstream transportation and distribution / Cat 5: Waste generated in operations and Cat 6: Business travel)
Climate change risks and opportunities
Grenergy has identified climate change risks and opportunities in its
business activity to protect its long-term sustainability
Independent verification
The identification of sources of emission and the carbon footprint calculations 2021 obtained independent verification for alignment with the principles and requirements of the international standard ISO14064
Reduction targets
We outlined a plan to reduce our emissions by 55% by 2030 and to reach net zero emissions by 2050 (scope 1 and 2).
Sustainable finance
Our business model contributes significantly to climate change mitigation as reflected in the following results of eligibility and alignment of indicators according to the European Taxonomy of Sustainable Activities, which classifies economic activities as green and/or non-green.