In 2024, BC Hydro 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).
BC Hydro 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) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 205,433a | 292,313a | 226,194a | |
Total Scope 2 | ||||
Unspecified Calculation Method | 1,357a | 1,426a | 1,237a | |
Total Scope 3 | 461,380a | 570,585a | 833,743a | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 39.012a | N/A | N/A |
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In 2024, the total operational greenhouse gas (GHG) emissions of BC Hydro amounted to 206,790 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 BC Hydro decreased by 29.6%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2024, the total Scope 1 emissions of BC Hydro were 205,433 metric tons of CO₂ equivalent (tCO₂e).a
Compared to the previous year (2023), BC Hydro's Scope 1 emissions decreased by 29.72%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2024, BC Hydro reported Scope 2 greenhouse gas (GHG) emissions of 1,357 tCO₂e without specifying the calculation method.a
Since 2020, BC Hydro's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have decreased by 96.97%, reflecting a declining long-term trend in Scope 2 emissions over time.ab
Compared to the previous year (2023), BC Hydro's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that BC Hydro's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, BC Hydro reported its Scope 2 emissions using an unspecified methodology.a
In 2024, BC Hydro reported 461,380 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 BC Hydro includes a breakdown across 3 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
In 2024, BC Hydro reported total Scope 3 emissions of 461,380 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, BC Hydro's Scope 3 emissions have decreased by 22.54%, reflecting a declining long-term trend in Scope 3 emissions over time.ab
Compared to the previous year (2023), BC Hydro's Scope 3 emissions decreased by 19.14%, highlighting the company's efforts to lower indirect emissions from its value chain.a
In 2024, BC Hydro 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 2024, the largest contributors to BC Hydro's Scope 3 emissions were:a
In 2024, BC Hydro reported Scope 1 greenhouse gas (GHG) emissions of 205,433 tCO₂e and total revenues of USD 5,266 millions. This translates into an emissions intensity of 39.01 tCO₂e per millions USD.a
In 2024, BC Hydro reported a Scope 1 emissions intensity of 39.01 tCO₂e per millions USD. Compared to the peer group median of 1,381.17, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, BC Hydro ranked 4 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places BC Hydro among the top performers, with one of the lowest emissions intensities relative to peers.a
In 2024, BC Hydro reported a total carbon footprint of 668,170 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 22.69% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to BC Hydro's total carbon footprint was Scope 3 emissions, accounting for 69.05% of the company's total carbon footprint, followed by Scope 1 emissions at 30.75%.a