Acea SpA

Common Name
Acea
Country
Italy
Sector
Utilities
Industry
Utilities - Diversified
Employees
8,715
Ticker
ACE
Exchange
EURONEXT MILAN
Description
Acea S.p.A. is a prominent Italian utility company that plays a critical role in the provision of essential public services, primarily focusing on electricity, water, and environmental services. The c...

Acea's GHG Emissions Data Preview

In 2024, Acea completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Acea has also provided a category-level breakdown for 8 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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0000000
Total Scope 2
Market-Based
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0000000
Location-Based
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0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Acea’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Acea’s data sources below and access millions more through our Disclosure Search.

a. Acea's Financial Report 2024
a. Acea's Financial Report 2024
b. Acea's Sustainability Report 2023
b. Acea's Sustainability Report 2023

Insights into Acea's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Acea amounted to 809,704 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Acea increased by 13.12%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Acea's Scope 1 Emissions Over Time

202020212022202320240150 k300 k450 k600 ktCO2e-3%0%-11%+7%
  • Total Scope 1
  • Year-over-Year Change

What are Acea's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Acea were 398,813 metric tons of CO₂ equivalent (tCO₂e). a

Has Acea reduced its Scope 1 emissions over time?

Since 2020, Acea's Scope 1 emissions have decreased by 6.83%, reflecting a declining long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2023), Acea's Scope 1 emissions increased by 7.14%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are Acea's Scope 2 emissions?

In 2024, Acea reported Scope 2 greenhouse gas (GHG) emissions of 421,755 tCO₂e using the market-based method and 410,891 tCO₂e using the location-based method. a

Has Acea reduced its Scope 2 emissions over time?

Since 2020, Acea's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have remained relatively stable, indicating that Acea 's emissions have plateaued with no significant change in its energy consumption footprint. a

Compared to the previous year (2023), Acea's Scope 2 emissions (Location-Based) rose by 19.6% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a

What methodology does Acea use for Scope 2 reporting?

In 2024, Acea reported its Scope 2 emissions using the market-based method and using the location-based method. a

Acea's Scope 2 Emissions Over Time

202020212022202320240150 k300 k450 k600 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Acea's Value Chain Emissions

In 2024, Acea reported 2,306,415 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2024 disclosure of Acea includes a breakdown across 6 of the 15 Scope 3 categories defined by the GHG Protocol, up from 2 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chain a

Acea's Scope 3 Emissions Over Time

202020212022202320240900 k1.8 M2.7 M3.6 MtCO2e-19%-5%-13%-2%
  • Total Scope 3
  • Year-over-Year Change

What are Acea's Scope 3 emissions?

In 2024, Acea reported total Scope 3 emissions of 2,306,415 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 67.77% of these emissions originated from upstream activities such as purchased goods and capital goods, while 32.23% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has Acea reduced its Scope 3 emissions over time?

Since 2020, Acea's Scope 3 emissions have decreased by 34.54%, reflecting a declining long-term trend in Scope 3 emissions over time. a

Compared to the previous year (2023), Acea's Scope 3 emissions remained relatively stable, indicating that Acea 's emissions have plateaued with no significant change in its value chain footprint. a

What categories of Scope 3 emissions does Acea disclose?

In 2024, Acea reported emissions for 6 out of the 15 Scope 3 categories defined by the GHG Protocol. a

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Acea's Scope 3 emissions?

In 2024, the largest contributors to Acea's Scope 3 emissions were: a

  • Fuel- and Energy-Related Services (Cat. 3): 1,537,403 tCO₂e (66.66%)
  • Use of Sold Products (Cat. 11): 697,006 tCO₂e (30.22%)
  • Investments (Cat. 15): 46,408 tCO₂e (2.01%)

Acea's Scope 3 Emissions by Categories

Investments(Cat. 15)(2.0%)Use of Sold Products(Cat. 11)(30.2%)Fuel- andEnergy-RelatedServices (Cat. 3)(66.7%)

Insights into Acea’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Acea reported Scope 1 greenhouse gas (GHG) emissions of 398,813 tCO₂e and total revenues of USD 4,242 millions. This translates into an emissions intensity of 94.03 tCO₂e per millions USD. a

Acea's Scope 1 Emissions Intensity Compared to Peers

202,000100,0005,000,000500,000,000Scope 1 Emissions (tCO2e)2001,00010,00050,000200,000Revenues (Millions of USD)RENYear: 2023Scope 1: 29,437 tCO2eRevenue: $M 1,049Scope 1 Intensity: 28.06 tCO2e/$MGelsenwasserYear: 2022Scope 1: 7,784 tCO2eRevenue: $M 14,249Scope 1 Intensity: 0.55 tCO2e/$MMarafiqYear: 2024Scope 1: 7,303,754 tCO2eRevenue: $M 1,833Scope 1 Intensity: 3,985.37 tCO2e/$MIrenYear: 2023Scope 1: 3,629,470 tCO2eRevenue: $M 7,032Scope 1 Intensity: 516.13 tCO2e/$MIgnitis GrupeYear: 2023Scope 1: 455,044 tCO2eRevenue: $M 2,814Scope 1 Intensity: 161.71 tCO2e/$MHeraYear: 2024Scope 1: 1,177,000 tCO2eRevenue: $M 13,589Scope 1 Intensity: 86.62 tCO2e/$MA2AYear: 2024Scope 1: 4,620,312 tCO2eRevenue: $M 13,081Scope 1 Intensity: 353.22 tCO2e/$MRWEYear: 2024Scope 1: 53,242,042 tCO2eRevenue: $M 25,208Scope 1 Intensity: 2,112.12 tCO2e/$MYTL Power InternationalYear: 2023Scope 1: 3,921,000 tCO2eRevenue: $M 4,690Scope 1 Intensity: 836.04 tCO2e/$MSempraYear: 2023Scope 1: 6,800,000 tCO2eRevenue: $M 16,720Scope 1 Intensity: 406.70 tCO2e/$MAlgonquin Power & UtilitiesYear: 2023Scope 1: 2,081,332 tCO2eRevenue: $M 2,698Scope 1 Intensity: 771.43 tCO2e/$MAvistaYear: 2022Scope 1: 2,458,675 tCO2eRevenue: $M 1,710Scope 1 Intensity: 1,437.65 tCO2e/$MEVNYear: 2023Scope 1: 920,797 tCO2eRevenue: $M 3,981Scope 1 Intensity: 231.32 tCO2e/$MEnergy of Minas GeraisYear: 2024Scope 1: 42,861 tCO2eRevenue: $M 6,446Scope 1 Intensity: 6.65 tCO2e/$MAcwa PowerYear: 2023Scope 1: 63,750,000 tCO2eRevenue: $M 1,625Scope 1 Intensity: 39,222.78 tCO2e/$MEnelYear: 2024Scope 1: 20,210,000 tCO2eRevenue: $M 73,518Scope 1 Intensity: 274.90 tCO2e/$MAESYear: 2023Scope 1: 33,401,000 tCO2eRevenue: $M 12,668Scope 1 Intensity: 2,636.64 tCO2e/$MEnevaYear: 2023Scope 1: 2,709,612 tCO2eRevenue: $M 2,081Scope 1 Intensity: 1,302.38 tCO2e/$MZorlu Enerji Elektrik UretimYear: 2024Scope 1: 714,385 tCO2eRevenue: $M 839Scope 1 Intensity: 851.90 tCO2e/$MCanadian UtilitiesYear: 2024Scope 1: 696,000 tCO2eRevenue: $M 2,601Scope 1 Intensity: 267.56 tCO2e/$MTelecom PlusYear: 2024Scope 1: 80 tCO2eRevenue: $M 2,573Scope 1 Intensity: 0.03 tCO2e/$MOrigin EnergyYear: 2024Scope 1: 15,555,000 tCO2eRevenue: $M 10,656Scope 1 Intensity: 1,459.74 tCO2e/$MAtcoYear: 2024Scope 1: 713,000 tCO2eRevenue: $M 3,436Scope 1 Intensity: 207.54 tCO2e/$ME.ONYear: 2024Scope 1: 1,980,000 tCO2eRevenue: $M 83,373Scope 1 Intensity: 23.75 tCO2e/$MAceaYear: 2024Scope 1: 398,813 tCO2eRevenue: $M 4,242Scope 1 Intensity: 94.03 tCO2e/$M

How does Acea's GHG emissions intensity compare to its peers?

In 2024, Acea reported a Scope 1 emissions intensity of 94.03 tCO₂e per millions USD. Compared to the peer group median of 379.96 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Acea rank on GHG emissions intensity within its industry?

In 2024, Acea ranked 7 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

Acea is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

Insights into Acea's Total Carbon Footprint

In 2024, Acea reported a total carbon footprint of 3,116,119 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 1.21% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to Acea's total carbon footprint was Scope 3 emissions, accounting for 74.02% of the company's total carbon footprint, followed by Scope 2 emissions at 13.19%. a

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