Canadian Utilities Ltd

Common Name
Canadian Utilities
Country
Canada
Sector
Utilities
Industry
Utilities - Diversified
Employees
9,084
Ticker
CU
Exchange
TORONTO STOCK EXCHANGE
Description
Canadian Utilities Ltd. is a key player in the utility sector, primarily engaged in electricity and natural gas transmissions and distributions. As part of the Atco Group, Canadian Utilities Ltd. focu...

Canadian Utilities's GHG Emissions Data Preview

In 2023, Canadian 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).

Canadian Utilities 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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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 Canadian Utilities's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Canadian Utilities amounted to 870,000 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).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Canadian Utilities decreased by 14.87%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Canadian Utilities's Scope 1 Emissions Over Time

20202021202220230250 k500 k750 k1 MtCO2e-15%+6%-12%
  • Total Scope 1
  • Year-over-Year Change

What are Canadian Utilities's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Canadian Utilities were 682,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Canadian Utilities reduced its Scope 1 emissions over time?

Since 2020, Canadian Utilities's Scope 1 emissions have decreased by 20.61%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Canadian Utilities's Scope 1 emissions decreased by 12.11%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Canadian Utilities's Scope 2 emissions?

In 2023, Canadian Utilities reported Scope 2 greenhouse gas (GHG) emissions of 188,000 tCOâ‚‚e without specifying the calculation method.

Has Canadian Utilities reduced its Scope 2 emissions over time?

Since 2020, Canadian Utilities's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have decreased by 22.63%, reflecting a declining long-term trend in Scope 2 emissions over time.

Compared to the previous year (2022), Canadian Utilities's Scope 2 emissions (Unspecified Calculation Method) fell by 23.58% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.

What methodology does Canadian Utilities use for Scope 2 reporting?

In 2023, Canadian Utilities reported its Scope 2 emissions using an unspecified methodology.

Canadian Utilities's Scope 2 Emissions Over Time

2020202120222023065 k130 k195 k260 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Canadian Utilities's Value Chain Emissions

In 2023, Canadian Utilities reported 23,409,000 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 2023 disclosure of Canadian Utilities includes a breakdown across 2 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.

Canadian Utilities's Scope 3 Emissions Over Time

202020212022202306.5 M13 M19.5 M26 MtCO2e+2%-1%-4%
  • Total Scope 3
  • Year-over-Year Change

What are Canadian Utilities's Scope 3 emissions?

In 2023, Canadian Utilities reported total Scope 3 emissions of 23,409,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 0% of these emissions originated from upstream activities such as purchased goods and capital goods, while 100% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Canadian Utilities reduced its Scope 3 emissions over time?

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

Compared to the previous year (2022), Canadian Utilities's Scope 3 emissions remained relatively stable, indicating that Canadian Utilities 's emissions have plateaued with no significant change in its value chain footprint.

What categories of Scope 3 emissions does Canadian Utilities disclose?

In 2023, Canadian Utilities reported emissions for 2 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 Canadian Utilities's Scope 3 emissions?

In 2023, the largest contributors to Canadian Utilities's Scope 3 emissions were:

  • Use of Sold Products (Cat. 11): 15,958,000 tCOâ‚‚e (68.17%)
  • Other/Unspecified Sources: 7,451,000 tCOâ‚‚e (31.83%)

Canadian Utilities's Scope 3 Emissions by Categories

Other/UnspecifiedSources(31.8%)Use of Sold Products(Cat. 11)(68.2%)

Insights into Canadian Utilities's Total Carbon Footprint

In 2023, Canadian Utilities reported a total carbon footprint of 24,279,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 4.91% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to Canadian Utilities's total carbon footprint was Scope 3 emissions, accounting for 96.42% of the company's total carbon footprint, followed by Scope 1 emissions at 2.81%.

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