Algonquin Power & Utilities Corp
Algonquin Power & Utilities's GHG Emissions Data Preview
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) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 2 | ||||
Location-Based | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 3 | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data.  | 0000000 |
This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.
Insights into Algonquin Power & Utilities's Operational Emissions
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).
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.
Algonquin Power & Utilities's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Algonquin Power & Utilities's Scope 1 emissions?
In 2022, the total Scope 1 emissions of Algonquin Power & Utilities were 2,542,820 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Has Algonquin Power & Utilities reduced its Scope 1 emissions over time?
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.
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.
What are Algonquin Power & Utilities's Scope 2 emissions?
In 2022, Algonquin Power & Utilities reported Scope 2 greenhouse gas (GHG) emissions of 89,200 tCOâ‚‚e using the location-based method.
Has Algonquin Power & Utilities reduced its Scope 2 emissions over time?
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.
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.
What methodology does Algonquin Power & Utilities use for Scope 2 reporting?
In 2022, Algonquin Power & Utilities reported its Scope 2 emissions using the location-based method.
Algonquin Power & Utilities's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
Insights into Algonquin Power & Utilities's Value Chain Emissions
In 2022, Algonquin Power & Utilities reported 5,244,473 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.
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.
Algonquin Power & Utilities's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Algonquin Power & Utilities's Scope 3 emissions?
In 2022, Algonquin Power & Utilities reported total Scope 3 emissions of 5,244,473 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
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.
Has Algonquin Power & Utilities reduced its Scope 3 emissions over time?
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.
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.
What categories of Scope 3 emissions does Algonquin Power & Utilities disclose?
In 2022, Algonquin Power & Utilities reported emissions for 3 out of the 15 Scope 3 categories defined by the GHG Protocol.
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
What are the main sources of Algonquin Power & Utilities's Scope 3 emissions?
In 2022, the largest contributors to Algonquin Power & Utilities's Scope 3 emissions were:
- Use of Sold Products (Cat. 11): 2,205,268 tCOâ‚‚e (42.05%)
- Investments (Cat. 15): 1,878,009 tCOâ‚‚e (35.81%)
- Fuel- and Energy-Related Services (Cat. 3): 1,161,196 tCOâ‚‚e (22.14%)
Algonquin Power & Utilities's Scope 3 Emissions by Categories
Insights into Algonquin Power & Utilities's Total Carbon Footprint
In 2022, Algonquin Power & Utilities reported a total carbon footprint of 7,876,493 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) 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.
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%.