Avangrid Inc
Avangrid's GHG Emissions Data Preview
In 2024, Avangrid 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) and Scope 3 (indirect emissions across the value chain).
Avangrid 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/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  a | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | Copy/Paste is a PRO feature.  | 0000000 | Copy/Paste is a PRO feature.  b | 0000000 |
Total Scope 3 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  a | 0000000 | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0000000 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  a | 0000000 |
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aVerified Sources Behind Avangrid’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 Avangrid’s data sources below and access millions more through our Disclosure Search.
Insights into Avangrid's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of Avangrid amounted to 1,879,004 metric tons of CO2 equivalent. This figure reflects direct emissions from owned or controlled sources (Scope 1).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Avangrid increased by 3.11%, suggesting that the company faced challenges in reducing its emissions from its core operations.ab
Avangrid's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Avangrid's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Avangrid were 1,879,004 metric tons of CO₂ equivalent (tCO₂e).a
Has Avangrid reduced its Scope 1 emissions over time?
Since 2019, Avangrid's Scope 1 emissions have decreased by 2.86%, reflecting a declining long-term trend in Scope 1 emissions over time.ac
Compared to the previous year (2023), Avangrid's Scope 1 emissions increased by 14.82%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
Insights into Avangrid's Value Chain Emissions
In 2024, Avangrid reported 9,316,414 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 Avangrid includes a breakdown across 5 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
Avangrid's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Avangrid's Scope 3 emissions?
In 2024, Avangrid reported total Scope 3 emissions of 9,316,414 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 29.55% of these emissions originated from upstream activities such as purchased goods and capital goods, while 70.45% came from downstream activities like product use, distribution, and end-of-life treatment.a
Has Avangrid reduced its Scope 3 emissions over time?
Since 2019, Avangrid's Scope 3 emissions have decreased by 53.17%, reflecting a declining long-term trend in Scope 3 emissions over time.ac
Compared to the previous year (2023), Avangrid's Scope 3 emissions remained relatively stable, indicating that Avangrid's emissions have plateaued with no significant change in its value chain footprint.a
What categories of Scope 3 emissions does Avangrid disclose?
In 2024, Avangrid reported emissions for 5 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 Avangrid's Scope 3 emissions?
In 2024, the largest contributors to Avangrid's Scope 3 emissions were:a
- Use of Sold Products (Cat. 11): 6,563,646 tCO₂e (70.45%)
- Fuel- and Energy-Related Services (Cat. 3): 1,622,406 tCO₂e (17.41%)
- Purchased Goods and Services (Cat. 1): 1,101,902 tCO₂e (11.83%)
Avangrid's Scope 3 Emissions by Categories
Insights into Avangrid’s GHG Emissions Intensity Compared to Industry Peers
In 2023, Avangrid reported Scope 1 greenhouse gas (GHG) emissions of 1,636,499 tCO₂e and total revenues of USD 8,309 millions. This translates into an emissions intensity of 196.96 tCO₂e per millions USD.a
Avangrid's Scope 1 Emissions Intensity Compared to Peers
How does Avangrid's GHG emissions intensity compare to its peers?
In 2023, Avangrid reported a Scope 1 emissions intensity of 196.96 tCO₂e per millions USD. Compared to the peer group median of 1,904.1, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
Where does Avangrid rank on GHG emissions intensity within its industry?
In 2023, Avangrid ranked 6 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Avangrid is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a