Contact Energy Ltd
Contact Energy's Climate Target Data Preview
As of 2024, Contact Energy has disclosed 4 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 3 absolute reduction targets and 1 intensity-based target target, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Contact Energy ’s climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target* | Scope 1 - Stationary Combustion, Scope 3 - Use of Sold Products (Cat. 11) | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  a | 2026 |
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data. a | 2026 |
Absolute-based Target | Scope 3 - Use of Sold Products (Cat. 11) | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  a | 2026 |
Intensity-based Target | Scope 1 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity Produced | Copy restricted. Please purchase to unlock this data.  a | 2030 |
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Verified Sources Behind Contact Energy’s Climate Targets Data
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Insights into Contact Energy's Greenhouse Gas Emissions Pathways
As of 2024, Contact Energy has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint. a
Does Contact Energy have a target to reduce the emissions from its operations?
As of 2024, Contact Energy has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a
Contact Energy's most ambitious operational target is to reduce these emissions by 45% by 2026, compared to a baseline of 1,177,169 Metric Tonnes of CO2 equivalent (mtCO2e) in 2018. a
As of 2024, Contact Energy is lagging behind on its operational emissions reduction target, having achieved 43.18% of the planned reduction. a
Contact Energy's Operational (Scope 1+2) Emissions Pathway
Does Contact Energy have a target to reduce the emissions from its value chain?
As of 2024, Contact Energy has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol. a
Contact Energy's most ambitious value chain target is to reduce these emissions by 34% by 2026, compared to a baseline of 370,168 Metric Tonnes of CO2 equivalent (mtCO2e) in 2018. a
Contact Energy has already surpassed its value chain emissions reduction target, with 2024 levels falling below the 2026 value, achieving its climate goal ahead of schedule. a