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Drax Group PLC
Drax Group's GHG Emissions Data Preview
In 2024, Drax Group 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).
Drax Group has also provided a category-level breakdown for 12 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.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
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aVerified Sources Behind Drax Group’s Greenhouse Gas (GHG) Emissions Data
Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Drax Group’s data sources below and access millions more through our Disclosure Search.
Insights into Drax Group's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofDrax Group amounted to546,000metric 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 Drax Groupincreased by 12.35%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
Drax Group's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Drax Group's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Drax Group were 266,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Has Drax Group reduced its Scope 1 emissions over time?
Since 2020, Drax Group's Scope 1 emissions have decreased by 84.29%, reflecting a declining long-term trend in Scope 1 emissions over time.ab
Compared to the previous year(2023), Drax Group's Scope 1 emissions increased by 4.31%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
What are Drax Group's Scope 2 emissions?
In 2024, Drax Group reported Scope 2 greenhouse gas (GHG) emissions of 367,000 tCOâ‚‚e using the market-based method and 280,000 tCOâ‚‚e using the location-based method.a
Has Drax Group reduced its Scope 2 emissions over time?
Since 2020, Drax Group's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have remained relatively stable, indicating that Drax Group's emissions have plateaued with no significant change in its energy consumption footprint.ab
Compared to the previous year(2023), Drax Group's Scope 2 emissions(Location-Based) rose by 21.21% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya
What methodology does Drax Group use for Scope 2 reporting?
In 2024, Drax Group reported its Scope 2 emissions using the market-based method and using the location-based method.a
Drax Group's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Drax Group's Value Chain Emissions
In 2024, Drax Group reported 2,866,693 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Drax Group includes a breakdown across 12of the 15 Scope 3 categories defined by the GHG Protocol,up from 11 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
Drax Group's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Drax Group's Scope 3 emissions?
In 2024, Drax Group reported total Scope 3 emissions of 2,866,693 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Approximately 96.56%of these emissions originated from upstream activities such as purchased goods and capital goods, while 3.44%came from downstream activities like product use, distribution, and end-of-life treatment.a
Has Drax Group reduced its Scope 3 emissions over time?
Since 2020, Drax Group's Scope 3 emissionshave decreased by 18.96%, reflecting a declining long-term trend in Scope 3 emissions over time.ab
Compared to the previous year (2023), Drax Group's Scope 3 emissions decreased by 18.89%, highlighting the company's efforts to lower indirect emissions from its value chain.ab
What categories of Scope 3 emissions does Drax Group disclose?
In 2024, Drax Group reported emissions for 12 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This reflects a high level of granularity and transparency in the company's emissions reporting.
What are the main sources of Drax Group's Scope 3 emissions?
In 2024, the largest contributors to Drax Group's Scope 3 emissions were:a
- Fuel- and Energy-Related Services (Cat. 3): 1,357,757 tCOâ‚‚e(47.36%)
- Purchased Goods and Services (Cat. 1): 1,006,296 tCOâ‚‚e(35.1%)
- Capital Goods (Cat. 2): 248,790 tCOâ‚‚e(8.68%)
Drax Group's Scope 3 Emissions by Categories
Insights into Drax Group’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Drax Group reported Scope 1 greenhouse gas (GHG) emissions of 266,000 tCOâ‚‚e and total revenues of USD 7,733 millions. This translates into an emissions intensity of 34.4 tCOâ‚‚e per millions USD.a
Drax Group's Scope 1 Emissions Intensity Compared to Peers
How does Drax Group's GHG emissions intensity compare to its peers?
In 2024, Drax Group reported a Scope 1 emissions intensity of 34.4 tCOâ‚‚e per millions USD. Compared to the peer group median of 58.56, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
Where does Drax Group rank on GHG emissions intensity within its industry?
In 2024, Drax Group ranked 11 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
Drax Group is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
Insights into Drax Group's Total Carbon Footprint
In 2024, Drax Group reported a total carbon footprint of 3,412,693 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 15.11% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.ab
The largest contributor to Drax Group's total carbon footprint was Scope 3 emissions, accounting for 84% of the company's total carbon footprint, followed by Scope 2 emissions at 8.2%.a