In 2024, 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) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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In 2024, the total operational greenhouse gas (GHG) emissions of Canadian Utilities amounted to 878,000 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 Canadian Utilities increased by 0.92%, suggesting that the company faced challenges in reducing its emissions from its core operations. a
In 2024, the total Scope 1 emissions of Canadian Utilities were 696,000 metric tons of CO₂ equivalent (tCO₂e). a
Since 2020, Canadian Utilities's Scope 1 emissions have decreased by 18.98%, reflecting a declining long-term trend in Scope 1 emissions over time. a
Compared to the previous year (2023), Canadian Utilities's Scope 1 emissions increased by 2.05%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a
In 2024, Canadian Utilities reported Scope 2 greenhouse gas (GHG) emissions of 182,000 tCO₂e without specifying the calculation method. a
Since 2020, Canadian Utilities's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have decreased by 25.1%, reflecting a declining long-term trend in Scope 2 emissions over time. a
Compared to the previous year (2023), Canadian Utilities's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Canadian Utilities 's emissions have plateaued with no significant change in its energy consumption footprint. a
In 2024, Canadian Utilities reported its Scope 2 emissions using an unspecified methodology. a
In 2024, Canadian Utilities 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 Canadian Utilities 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
In 2024, Canadian Utilities 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
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. a
Compared to the previous year (2023), 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. a
In 2024, Canadian Utilities 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.
In 2024, the largest contributors to Canadian Utilities's Scope 3 emissions were: a
In 2024, Canadian Utilities reported Scope 1 greenhouse gas (GHG) emissions of 696,000 tCO₂e and total revenues of USD 2,601 millions. This translates into an emissions intensity of 267.56 tCO₂e per millions USD. a
In 2024, Canadian Utilities reported a Scope 1 emissions intensity of 267.56 tCO₂e per millions USD. Compared to the peer group median of 589.06 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a
In 2024, Canadian Utilities ranked 10 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
Canadian Utilities is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a
In 2024, Canadian Utilities reported a total carbon footprint of 24,028,000 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 Canadian Utilities's total carbon footprint was Scope 3 emissions, accounting for 96.35% of the company's total carbon footprint, followed by Scope 1 emissions at 2.9%. a