Drax Group PLC

Common Name
Drax Group
Country
United Kingdom
Sector
Utilities
Industry
Utilities - Renewable
Employees
3,250
Ticker
DRX
Exchange
LONDON STOCK EXCHANGE
Description
Drax Group Plc is a British energy company primarily focused on electricity generation. It operates one of the largest power stations in the United Kingdom, located in North Yorkshire, which has trans...

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)2024202320222021 - 2017
Total Scope 1
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0000000
Total Scope 2
Market-Based
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0000000
Location-Based
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b
0000000
Total Scope 3
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b
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified 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.

a. Drax Group's ESG Report 2024
a. Drax Group's ESG Report 2024
b. Drax Group's Annual Report 2023
b. Drax Group's Annual Report 2023

Insights into Drax Group's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Drax Group amounted to 546,000 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 Drax Group increased 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

202020212022202320240450 k900 k1.35 M1.8 MtCO2e-45%-64%-24%+4%
  • 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 CO₂ equivalent (tCO₂e). 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. a b

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 tCO₂e using the market-based method and 280,000 tCO₂e 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. a b

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 energy a

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

20202021202220232024095 k190 k285 k380 ktCO2e
  • 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 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 Drax Group includes a breakdown across 12 of 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 chain a

Drax Group's Scope 3 Emissions Over Time

202020212022202320240900 k1.8 M2.7 M3.6 MtCO2e-12%0%+13%-19%
  • 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 CO₂ equivalent (tCO₂e). 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 emissions have decreased by 18.96%, reflecting a declining long-term trend in Scope 3 emissions over time. a b

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. a b

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 tCO₂e (47.36%)
  • Purchased Goods and Services (Cat. 1): 1,006,296 tCO₂e (35.1%)
  • Capital Goods (Cat. 2): 248,790 tCO₂e (8.68%)

Drax Group's Scope 3 Emissions by Categories

Fuel- andEnergy-RelatedServices (Cat. 3)(47.4%)Capital Goods(Cat. 2)(8.7%)Purchased Goods andServices (Cat. 1)(35.1%)

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 tCO₂e and total revenues of USD 7,733 millions. This translates into an emissions intensity of 34.4 tCO₂e per millions USD. a

Drax Group's Scope 1 Emissions Intensity Compared to Peers

1050050,0002,000,000200,000,000Scope 1 Emissions (tCO2e)0.5502,000200,00010,000,000Revenues (Millions of USD)CSRenew Energy GlobalYear: 2024Scope 1: 637 tCO2eRevenue: $M 975Scope 1 Intensity: 0.65 tCO2e/$MCCCTGRYear: 2023Scope 1: 14,415 tCO2eRevenue: $M 3,727Scope 1 Intensity: 3.87 tCO2e/$MEnel Generacion ChileYear: 2023Scope 1: 3,180 tCO2eRevenue: $M 3,180,000Scope 1 Intensity: 0.00 tCO2e/$MNaturenergie HoldingYear: 2024Scope 1: 11,910 tCO2eRevenue: $M 1,778Scope 1 Intensity: 6.70 tCO2e/$MAuren EnergiaYear: 2022Scope 1: 122,245 tCO2eRevenue: $M 1,044Scope 1 Intensity: 117.12 tCO2e/$MBKWYear: 2024Scope 1: 881,500 tCO2eRevenue: $M 5,023Scope 1 Intensity: 175.49 tCO2e/$MScatecYear: 2024Scope 1: 889 tCO2eRevenue: $M 385Scope 1 Intensity: 2.31 tCO2e/$MRusHydroYear: 2023Scope 1: 32,050,000 tCO2eRevenue: $M 5,648Scope 1 Intensity: 5,674.89 tCO2e/$MSerena EnergiaYear: 2022Scope 1: 14,195 tCO2eRevenue: $M 0Scope 1 Intensity: 30,784.66 tCO2e/$MSSSGICCYear: 2023Scope 1: 238 tCO2eRevenue: $M 1,080Scope 1 Intensity: 0.22 tCO2e/$MFluence EnergyYear: 2023Scope 1: 19 tCO2eRevenue: $M 2,217Scope 1 Intensity: 0.01 tCO2e/$MRaizenYear: 2023Scope 1: 3,200,070 tCO2eRevenue: $M 48,271Scope 1 Intensity: 66.29 tCO2e/$MGreencoat UK WindYear: 2023Scope 1: 13 tCO2eRevenue: $M 182Scope 1 Intensity: 0.07 tCO2e/$MMeridian EnergyYear: 2024Scope 1: 1,060 tCO2eRevenue: $M 2,943Scope 1 Intensity: 0.36 tCO2e/$MAcciona EnergíaYear: 2024Scope 1: 12,473 tCO2eRevenue: $M 3,172Scope 1 Intensity: 3.93 tCO2e/$MHubei Energy GroupYear: 2023Scope 1: 16,621,600 tCO2eRevenue: $M 2,627Scope 1 Intensity: 6,327.70 tCO2e/$MChina Longyuan Power GroupYear: 2023Scope 1: 9,948,568 tCO2eRevenue: $M 5,296Scope 1 Intensity: 1,878.34 tCO2e/$MBrookfield Renewable PartnersYear: 2024Scope 1: 140,074 tCO2eRevenue: $M 8,103Scope 1 Intensity: 17.29 tCO2e/$MLightYear: 2022Scope 1: 17,474 tCO2eRevenue: $M 2,460Scope 1 Intensity: 7.10 tCO2e/$MFortumYear: 2024Scope 1: 1,351,041 tCO2eRevenue: $M 6,036Scope 1 Intensity: 223.85 tCO2e/$MBrookfield RenewableYear: 2024Scope 1: 134,654 tCO2eRevenue: $M 4,142Scope 1 Intensity: 32.51 tCO2e/$MVerbundYear: 2024Scope 1: 499,696 tCO2eRevenue: $M 8,579Scope 1 Intensity: 58.24 tCO2e/$MERGYear: 2024Scope 1: 1,118 tCO2eRevenue: $M 768Scope 1 Intensity: 1.46 tCO2e/$MDrax GroupYear: 2024Scope 1: 266,000 tCO2eRevenue: $M 7,733Scope 1 Intensity: 34.40 tCO2e/$M

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 tCO₂e per millions USD. Compared to the peer group median of 7.1 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Drax Group rank on GHG emissions intensity within its industry?

In 2024, Drax Group ranked 15 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e 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 CO₂ equivalent (tCO₂e) 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. a b

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

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