Factor’s Annual Report 2019
18 March 2020 | Mitigation
In these uncertain times, we’re maintaining our positive attitude and presenting our 2019 Annual Report, with the joy and certainty that, once again, we have fulfilled our mission to undertake and develop projects that contribute to climate change mitigation and adaptation, the sustainable energy transition and sustainable development on a global scale.
The objective of this Report is to offer a global and transparent vision of Factor's activities undertaken during 2019. It includes the most significant milestones, projects and activities of the year, as carried out by each area of the organisation: Factor CO2, Factor Trading, Factor Energy and Factor Sustainability.
2019 was a ground-breaking year for Factor, reaching historical records in almost all activities and business lines. Some of the most relevant milestones worth underlining include:
278 projects in 35 countries have been developed in the consulting business line.
More than 20.3 million EUAs brokered with an average market value of EUR 500 million in Factor Trading. The training arm of Factor has also expanded into France, adding a new market to the Italian and German markets, where Factor also has ongoing operations.
Factor also offset 1.275 million tCO2 during 2019.
New Sustainability and CSR services are being offered to public and private sector organisations.
Our offices in Germany, Mexico and Ecuador are thriving with many new projects, especially in the fields of renewable energy, climate change adaptation and circular economy.
Our subsidiary, Metroeconomica, keeps proving that specialized advisory services are valuable to decision makers.
Finally, Factor celebrated its 15-year journey with an event in Bilbao, commemorating the history of the organization and highlighting its vision for the future.
These achievements will allow us to continue reaching new markets and regions, to contribute to shifting the paradigm in terms of climate change and sustainable development.
For more information on the projects and activities developed by the Factor team in 2019, please refer to our Annual Report available at the following link:
Factor has more than 15 years of experience offering technical consulting services in the areas of climate change adaptation and mitigation, carbon footprint analysis, sustainability, circular economy, renewable energy and carbon markets, amongst other things, undertaken on behalf of governments and international organizations, as well as for over 400 companies, with more than 1,100 projects undertaken within 40+ countries.