Contact Energy Ltd

Common Name
Contact Energy
Country
New Zealand
Sector
Utilities
Industry
Utilities - Renewable
Employees
1,273
Ticker
CEN
Exchange
NZX
Description
Contact Energy Ltd. is one of New Zealand's leading energy company, primarily focused on generating and providing electricity, natural gas, and other energy-related services. The company plays a criti...

Contact Energy's GHG Emissions Data Preview

In 2024, Contact Energy 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).

Contact Energy has also provided a category-level breakdown for 10 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 Contact Energy's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Contact Energy amounted to 948,466 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 2023, the total operational greenhouse gas (GHG) emissions of Contact Energy increased by 79.44%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Contact Energy's Scope 1 Emissions Over Time

201820212022202320240300 k600 k900 k1.2 MtCO2e-11%-25%-33%+80%
  • Total Scope 1
  • Year-over-Year Change

What are Contact Energy's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Contact Energy were 947,491 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Contact Energy reduced its Scope 1 emissions over time?

Since 2018, Contact Energy's Scope 1 emissions have decreased by 19.42%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2023), Contact Energy's Scope 1 emissions increased by 79.92%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are Contact Energy's Scope 2 emissions?

In 2024, Contact Energy reported Scope 2 greenhouse gas (GHG) emissions of 975 tCOâ‚‚e using the location-based method.

Has Contact Energy reduced its Scope 2 emissions over time?

Since 2018, Contact Energy's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 30.21%, reflecting a declining long-term trend in Scope 2 emissions over time.

Compared to the previous year (2023), Contact Energy's Scope 2 emissions (Location-Based) fell by 50.18% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.

What methodology does Contact Energy use for Scope 2 reporting?

In 2024, Contact Energy reported its Scope 2 emissions using the location-based method.

Contact Energy's Scope 2 Emissions Over Time

2018202120222023202405001 k1.5 k2 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Contact Energy's Value Chain Emissions

In 2024, Contact Energy reported 265,034 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 2024 disclosure of Contact Energy includes a breakdown across 9 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.

Contact Energy's Scope 3 Emissions Over Time

201820212022202320240150 k300 k450 k600 ktCO2e+8%-29%-31%-3%
  • Total Scope 3
  • Year-over-Year Change

What are Contact Energy's Scope 3 emissions?

In 2024, Contact Energy reported total Scope 3 emissions of 265,034 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 35.35% of these emissions originated from upstream activities such as purchased goods and capital goods, while 64.65% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Contact Energy reduced its Scope 3 emissions over time?

Since 2018, Contact Energy's Scope 3 emissions have decreased by 48.55%, reflecting a declining long-term trend in Scope 3 emissions over time.

Compared to the previous year (2023), Contact Energy's Scope 3 emissions remained relatively stable, indicating that Contact Energy 's emissions have plateaued with no significant change in its value chain footprint.

What categories of Scope 3 emissions does Contact Energy disclose?

In 2024, Contact Energy reported emissions for 9 out of the 15 Scope 3 categories defined by the GHG Protocol.

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Contact Energy's Scope 3 emissions?

In 2024, the largest contributors to Contact Energy's Scope 3 emissions were:

  • Use of Sold Products (Cat. 11): 170,929 tCOâ‚‚e (64.49%)
  • Capital Goods (Cat. 2): 79,185 tCOâ‚‚e (29.88%)
  • Purchased Goods and Services (Cat. 1): 6,522 tCOâ‚‚e (2.46%)

Contact Energy's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(2.5%)Capital Goods(Cat. 2)(29.9%)Use of Sold Products(Cat. 11)(64.5%)

Insights into Contact Energy's Total Carbon Footprint

In 2024, Contact Energy reported a total carbon footprint of 1,213,500 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 51.26% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Contact Energy's total carbon footprint was Scope 1 emissions, accounting for 78.08% of the company's total carbon footprint, followed by Scope 3 emissions at 21.84%.

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