Atco Ltd

Common Name
Atco
Country
Canada
Sector
Utilities
Industry
Utilities - Diversified
Employees
20,582
Ticker
ACO.X
Exchange
TORONTO STOCK EXCHANGE
Description
Atco Ltd. is a diversified holding company with a strong presence in infrastructure, utilities, and energy sectors. It primarily operates through its subsidiaries, providing essential services and sol...

Atco's GHG Emissions Data Preview

In 2024, Atco 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).

Atco has also provided a category-level breakdown for 2 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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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Atco’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 Atco’s data sources below and access millions more through our Disclosure Search.

a. Atco's Sustainability Report 2024
a. Atco's Sustainability Report 2024

Insights into Atco's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Atco amounted to 906,000 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 Atco increased by 1%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Atco's Scope 1 Emissions Over Time

202020212022202320240250 k500 k750 k1 MtCO2e-15%+6%-11%+2%
  • Total Scope 1
  • Year-over-Year Change

What are Atco's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Atco were 713,000 metric tons of CO₂ equivalent (tCO₂e). a

Has Atco reduced its Scope 1 emissions over time?

Since 2020, Atco's Scope 1 emissions have decreased by 18.33%, reflecting a declining long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2023), Atco's Scope 1 emissions increased by 2.15%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are Atco's Scope 2 emissions?

In 2024, Atco reported Scope 2 greenhouse gas (GHG) emissions of 193,000 tCO₂e without specifying the calculation method. a

Has Atco reduced its Scope 2 emissions over time?

Since 2020, Atco's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have decreased by 22.18%, reflecting a declining long-term trend in Scope 2 emissions over time. a

Compared to the previous year (2023), Atco's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Atco 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Atco use for Scope 2 reporting?

In 2024, Atco reported its Scope 2 emissions using an unspecified methodology. a

Atco's Scope 2 Emissions Over Time

20202021202220232024065 k130 k195 k260 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Atco's Value Chain Emissions

In 2024, Atco reported 23,150,000 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 Atco includes a breakdown across 2 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Atco's Scope 3 Emissions Over Time

2020202120222023202406.5 M13 M19.5 M26 MtCO2e+2%-1%-4%-1%
  • Total Scope 3
  • Year-over-Year Change

What are Atco's Scope 3 emissions?

In 2024, Atco reported total Scope 3 emissions of 23,150,000 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 30.73% of these emissions originated from upstream activities such as purchased goods and capital goods, while 69.27% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has Atco reduced its Scope 3 emissions over time?

Since 2020, Atco's Scope 3 emissions have remained relatively stable, indicating that Atco 's emissions have plateaued with no significant change in its value chain footprint. a

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

What categories of Scope 3 emissions does Atco disclose?

In 2024, Atco reported emissions for 2 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.

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

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

  • Use of Sold Products (Cat. 11): 16,036,000 tCO₂e (69.27%)
  • Fuel- and Energy-Related Services (Cat. 3): 7,114,000 tCO₂e (30.73%)

Atco's Scope 3 Emissions by Categories

Use of Sold Products(Cat. 11)(69.3%)Fuel- andEnergy-RelatedServices (Cat. 3)(30.7%)

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

In 2024, Atco reported Scope 1 greenhouse gas (GHG) emissions of 713,000 tCO₂e and total revenues of USD 3,436 millions. This translates into an emissions intensity of 207.54 tCO₂e per millions USD. a

Atco'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: $M 1,833Scope 1 Intensity: 3,985.37 tCO2e/$MEnBWYear: 2023Scope 1: 10,910,000 tCO2eRevenue: $M 49,177Scope 1 Intensity: 221.85 tCO2e/$MIgnitis GrupeYear: 2023Scope 1: 455,044 tCO2eRevenue: $M 2,814Scope 1 Intensity: 161.71 tCO2e/$MHeraYear: 2024Scope 1: 1,177,000 tCO2eRevenue: $M 13,589Scope 1 Intensity: 86.62 tCO2e/$MALLETEYear: 2023Scope 1: 4,288,000 tCO2eRevenue: $M 1,880Scope 1 Intensity: 2,281.09 tCO2e/$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: $M 3,981Scope 1 Intensity: 231.32 tCO2e/$MAceaYear: 2024Scope 1: 398,813 tCO2eRevenue: $M 4,242Scope 1 Intensity: 94.03 tCO2e/$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: $M 10,656Scope 1 Intensity: 1,459.74 tCO2e/$ME.ONYear: 2024Scope 1: 1,980,000 tCO2eRevenue: $M 83,373Scope 1 Intensity: 23.75 tCO2e/$MAtcoYear: 2024Scope 1: 713,000 tCO2eRevenue: $M 3,436Scope 1 Intensity: 207.54 tCO2e/$M

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

In 2024, Atco reported a Scope 1 emissions intensity of 207.54 tCO₂e per millions USD. Compared to the peer group median of 340.8 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

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

In 2024, Atco ranked 9 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

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

Insights into Atco's Total Carbon Footprint

In 2024, Atco reported a total carbon footprint of 24,056,000 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 1.03% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to Atco's total carbon footprint was Scope 3 emissions, accounting for 96.23% of the company's total carbon footprint, followed by Scope 1 emissions at 2.96%. a

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