In 2022, Aeris Energy 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).
Aeris Energy has also provided a category-level breakdown for 3 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|
Total Scope 1 | 1,987.5a | 1,196.7a | 1,803.8a | |
Total Scope 2 | ||||
Unspecified Calculation Method | 0a | 6,572a | 1,960.8a | |
Total Scope 3 | 6,082a | 4,163.6a | 4,870.6a | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 3.6072a | 2.6812a | 4.2392a |
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In 2022, the total operational greenhouse gas (GHG) emissions of Aeris Energy amounted to 1,987.5 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 2021, the total operational greenhouse gas (GHG) emissions of Aeris Energy decreased by 74.42%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2022, the total Scope 1 emissions of Aeris Energy were 1,987.5 metric tons of CO₂ equivalent (tCO₂e).a
Since 2020, Aeris Energy's Scope 1 emissions have increased by 10.18%, reflecting a rising long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2021), Aeris Energy's Scope 1 emissions increased by 66.08%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2022, Aeris Energy reported Scope 2 greenhouse gas (GHG) emissions of 0 tCO₂e without specifying the calculation method.a
Since 2020, Aeris Energy's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have decreased by 100%, reflecting a declining long-term trend in Scope 2 emissions over time.a
Compared to the previous year (2021), Aeris Energy's Scope 2 emissions (Unspecified Calculation Method) fell by 100% in 2022, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a
In 2022, Aeris Energy reported its Scope 2 emissions using an unspecified methodology.a
In 2022, Aeris Energy reported 6,082 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 2022 disclosure of Aeris Energy includes a breakdown across 3 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2021, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
In 2022, Aeris Energy reported total Scope 3 emissions of 6,082 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2020, Aeris Energy's Scope 3 emissions have increased by 24.87%, reflecting a rising long-term trend in Scope 3 emissions over time.a
Compared to the previous year (2021), Aeris Energy's Scope 3 emissions increased by 46.08%, suggesting that the company faced challenges in reducing emissions across its value chain.a
In 2022, Aeris Energy reported emissions for 3 out of the 15 Scope 3 categories defined by the GHG Protocol.a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
In 2022, the largest contributors to Aeris Energy's Scope 3 emissions were:a
In 2022, Aeris Energy reported Scope 1 greenhouse gas (GHG) emissions of 1,987.5 tCO₂e and total revenues of USD 551 millions. This translates into an emissions intensity of 3.61 tCO₂e per millions USD.a
In 2022, Aeris Energy reported a Scope 1 emissions intensity of 3.61 tCO₂e per millions USD. Compared to the peer group median of 3.76, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2022, Aeris Energy ranked 11 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Aeris Energy is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2022, Aeris Energy reported a total carbon footprint of 8,069.5 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 32.37% decrease compared to 2021, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Aeris Energy's total carbon footprint was Scope 3 emissions, accounting for 75.37% of the company's total carbon footprint, followed by Scope 1 emissions at 24.63%.a