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In 2024, Edison 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).
Edison has also provided a category-level breakdown for 4 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 | ||||
Market-Based | 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 |
Location-Based | 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 ofEdison amounted to6,180,000metric 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 Edisondecreased by 2.98%, showing that the company has made progress in taking action to reduce the climate impact of its operations.ab
In 2024, the total Scope 1 emissions of Edison were 6,100,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Compared to the previous year(2023), Edison's Scope 1 emissions decreased by 3.32%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.ab
In 2024, Edison reported Scope 2 greenhouse gas (GHG) emissions of 130,000 tCOâ‚‚e using the market-based method and 80,000 tCOâ‚‚e using the location-based method.a
Compared to the previous year(2023), Edison's Scope 2 emissions(Location-Based) rose by 32.37% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energyab
In 2024, Edison reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, Edison reported 18,300,000 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 Edison includes a breakdown across 3of the 15 Scope 3 categories defined by the GHG Protocol,down from 4 in 2023, indicating a decline in reporting granularity and reduced insight into the company's full value chain emissions.a
In 2024, Edison reported total Scope 3 emissions of 18,300,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Approximately 18.58%of these emissions originated from upstream activities such as purchased goods and capital goods, while 81.42%came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2019, Edison's Scope 3 emissionshave remained relatively stable, indicating that Edison's emissions have plateaued with no significant change in its value chain footprint.a
Compared to the previous year (2023), Edison's Scope 3 emissions increased by 10.39%, suggesting that the company faced challenges in reducing emissions across its value chain.ab
In 2024, Edison reported emissions for 3 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 Edison's Scope 3 emissions were:a
In 2024, Edison reported Scope 1 greenhouse gas (GHG) emissions of 6,100,000 tCOâ‚‚e and total revenues of USD 16,012 millions. This translates into an emissions intensity of 380.97 tCOâ‚‚e per millions USD.a
In 2024, Edison reported a Scope 1 emissions intensity of 380.97 tCOâ‚‚e per millions USD. Compared to the peer group median of 336.57, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, Edison ranked 17 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
Edison is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, Edison reported a total carbon footprint of 24,480,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 6.68% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.ab
The largest contributor to Edison's total carbon footprint was Scope 3 emissions, accounting for 74.75% of the company's total carbon footprint, followed by Scope 1 emissions at 24.92%.a