In 2023, 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) | 2023 | 2022 | 2021 | 2020 - 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 2023, the total operational greenhouse gas (GHG) emissions of Edison amounted to 6,370,089 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 2022, the total operational greenhouse gas (GHG) emissions of Edison decreased by 10.06%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a
In 2023, the total Scope 1 emissions of Edison were 6,309,652 metric tons of CO₂ equivalent (tCO₂e). a
Since 2021, Edison's Scope 1 emissions have increased by 7.76%, reflecting a rising long-term trend in Scope 1 emissions over time. a
Compared to the previous year (2022), Edison's Scope 1 emissions decreased by 8.09%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a
In 2023, Edison reported Scope 2 greenhouse gas (GHG) emissions of 103,500 tCO₂e using the market-based method and 60,437 tCO₂e using the location-based method. a
Since 2021, Edison's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have remained relatively stable, indicating that Edison 's emissions have plateaued with no significant change in its energy consumption footprint. a
Compared to the previous year (2022), Edison's Scope 2 emissions (Location-Based) fell by 72.2% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a
In 2023, Edison reported its Scope 2 emissions using the market-based method and using the location-based method. a
In 2023, Edison reported 16,576,978 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 2023 disclosure of Edison includes a breakdown across 4 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year. a
In 2023, Edison reported total Scope 3 emissions of 16,576,978 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 20.7% of these emissions originated from upstream activities such as purchased goods and capital goods, while 79.3% came from downstream activities like product use, distribution, and end-of-life treatment. a
Compared to the previous year (2022), Edison's Scope 3 emissions decreased by 21.26%, highlighting the company's efforts to lower indirect emissions from its value chain. a
In 2023, Edison reported emissions for 4 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 2023, the largest contributors to Edison's Scope 3 emissions were: a
In 2023, Edison reported Scope 1 greenhouse gas (GHG) emissions of 6,309,652 tCO₂e and total revenues of USD 20,405 millions. This translates into an emissions intensity of 309.22 tCO₂e per millions USD. a
In 2023, Edison reported a Scope 1 emissions intensity of 309.22 tCO₂e per millions USD. Compared to the peer group median of 347, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a
In 2023, Edison ranked 10 out of 20 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e 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 2023, Edison reported a total carbon footprint of 22,947,067 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 18.44% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output. a
The largest contributor to Edison's total carbon footprint was Scope 3 emissions, accounting for 72.24% of the company's total carbon footprint, followed by Scope 1 emissions at 27.5%. a