In 2022, Algonquin Power & Utilities 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).
Algonquin Power & Utilities has also provided a category-level breakdown for 5 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
Metric (tCO2e) | 2022 | 2021 | 2020 | 2019 - 2017 |
---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Location-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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In 2022, the total operational greenhouse gas (GHG) emissions of Algonquin Power & Utilities amounted to 2,632,020 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 Algonquin Power & Utilities increased by 10.6%, suggesting that the company faced challenges in reducing its emissions from its core operations. a
In 2022, the total Scope 1 emissions of Algonquin Power & Utilities were 2,542,820 metric tons of CO₂ equivalent (tCO₂e). a
Since 2019, Algonquin Power & Utilities's Scope 1 emissions have decreased by 23.1%, reflecting a declining long-term trend in Scope 1 emissions over time. a b
Compared to the previous year (2021), Algonquin Power & Utilities's Scope 1 emissions increased by 11.4%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a
In 2022, Algonquin Power & Utilities reported Scope 2 greenhouse gas (GHG) emissions of 89,200 tCO₂e using the location-based method. a
Since 2019, Algonquin Power & Utilities's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have increased by 14.75%, reflecting a rising long-term trend in Scope 2 emissions over time. a b
Compared to the previous year (2021), Algonquin Power & Utilities's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Algonquin Power & Utilities 's emissions have plateaued with no significant change in its energy consumption footprint. a
In 2022, Algonquin Power & Utilities reported its Scope 2 emissions using the location-based method. a
In 2022, Algonquin Power & Utilities reported 5,244,473 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 Algonquin Power & Utilities 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, Algonquin Power & Utilities reported total Scope 3 emissions of 5,244,473 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 22.14% of these emissions originated from upstream activities such as purchased goods and capital goods, while 77.86% came from downstream activities like product use, distribution, and end-of-life treatment. a
Since 2019, Algonquin Power & Utilities's Scope 3 emissions have increased by 37.25%, reflecting a rising long-term trend in Scope 3 emissions over time. a b
Compared to the previous year (2021), Algonquin Power & Utilities's Scope 3 emissions remained relatively stable, indicating that Algonquin Power & Utilities 's emissions have plateaued with no significant change in its value chain footprint. a
In 2022, Algonquin Power & Utilities 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 Algonquin Power & Utilities's Scope 3 emissions were: a
In 2022, Algonquin Power & Utilities reported a total carbon footprint of 7,876,493 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 3.7% increase compared to 2021, suggesting a rise in emissions across its operations or value chain. a
The largest contributor to Algonquin Power & Utilities's total carbon footprint was Scope 3 emissions, accounting for 66.58% of the company's total carbon footprint, followed by Scope 1 emissions at 32.28%. a