Edison SpA

Common Name
Edison
Country
Italy
Sector
Energy
Industry
Oil & Gas Integrated
Employees
5,957
Ticker
EDNR
Exchange
EURONEXT MILAN
Description
Edison S.p.A. is an integrated energy company, primarily engaged in the generation and distribution of electricity, as well as the exploration and extraction of hydrocarbons. Based in Italy, Edison is...

Edison's GHG Emissions Data Preview

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)2023202220212020 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Edison’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 Edison’s data sources below and access millions more through our Disclosure Search.

a. Edison's Non-financial report 2023
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Insights into Edison's Operational Emissions

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

Edison's Scope 1 Emissions Over Time

20212022202302 M4 M6 M8 MtCO2e+17%-8%
  • Total Scope 1
  • Year-over-Year Change

What are Edison's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Edison were 6,309,652 metric tons of CO₂ equivalent (tCO₂e). a

Has Edison reduced its Scope 1 emissions over time?

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

What are Edison's Scope 2 emissions?

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

Has Edison reduced its Scope 2 emissions over time?

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

What methodology does Edison use for Scope 2 reporting?

In 2023, Edison reported its Scope 2 emissions using the market-based method and using the location-based method. a

Edison's Scope 2 Emissions Over Time

2021202220230100 k200 k300 k400 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Edison's Value Chain Emissions

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

Edison's Scope 3 Emissions Over Time

2022202305.5 M11 M16.5 M22 MtCO2e-21%
  • Total Scope 3
  • Year-over-Year Change

What are Edison's Scope 3 emissions?

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

What categories of Scope 3 emissions does Edison disclose?

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.

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

In 2023, the largest contributors to Edison's Scope 3 emissions were: a

  • Use of Sold Products (Cat. 11): 12,602,758 tCO₂e (76.53%)
  • Purchased Goods and Services (Cat. 1): 2,204,994 tCO₂e (13.39%)
  • Fuel- and Energy-Related Services (Cat. 3): 1,203,565 tCO₂e (7.31%)

Edison's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(13.4%)Fuel- andEnergy-RelatedServices (Cat. 3)(7.3%)Use of Sold Products(Cat. 11)(76.5%)

Insights into Edison’s GHG Emissions Intensity Compared to Industry Peers

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

Edison's Scope 1 Emissions Intensity Compared to Peers

100,0001,000,00010,000,000100,000,0001,000,000,000Scope 1 Emissions (tCO2e)2002,00020,000200,0002,000,000Revenues (Millions of USD)CHELLENiQ ENERGY HoldingsYear: 2023Scope 1: 3,825,000 tCO2eRevenue: $M 14,171Scope 1 Intensity: 269.92 tCO2e/$MShellYear: 2024Scope 1: 50,000,000 tCO2eRevenue: $M 209,933Scope 1 Intensity: 238.17 tCO2e/$MExxon MobilYear: 2024Scope 1: 91,000,000 tCO2eRevenue: $M 339,247Scope 1 Intensity: 268.24 tCO2e/$MBPYear: 2024Scope 1: 32,800,000 tCO2eRevenue: $M 139,575Scope 1 Intensity: 235.00 tCO2e/$MTotalEnergiesYear: 2024Scope 1: 33,000,000 tCO2eRevenue: $M 167,129Scope 1 Intensity: 197.45 tCO2e/$MSuncor EnergyYear: 2022Scope 1: 33,520,000 tCO2eRevenue: $M 46,479Scope 1 Intensity: 721.19 tCO2e/$MPTTYear: 2023Scope 1: 40,730,000 tCO2eRevenue: $M 91,332Scope 1 Intensity: 445.96 tCO2e/$MTatneft' Imeni V.D. ShashinaYear: 2021Scope 1: 7,720,000 tCO2eRevenue: $M 16,866Scope 1 Intensity: 457.72 tCO2e/$MGazpromYear: 2022Scope 1: 213,530,000 tCO2eRevenue: $M 167,009Scope 1 Intensity: 1,278.55 tCO2e/$MNational Fuel GasYear: 2023Scope 1: 1,590,047 tCO2eRevenue: $M 2,174Scope 1 Intensity: 731.47 tCO2e/$MGalp EnergiaYear: 2023Scope 1: 2,991,742 tCO2eRevenue: $M 22,986Scope 1 Intensity: 130.15 tCO2e/$MChevronYear: 2024Scope 1: 53,000,000 tCO2eRevenue: $M 193,414Scope 1 Intensity: 274.02 tCO2e/$MNeftyanaya Kompaniya RosneftYear: 2021Scope 1: 54,200,000 tCO2eRevenue: $M 109,431Scope 1 Intensity: 495.29 tCO2e/$MPetrobrasYear: 2023Scope 1: 45,800,000 tCO2eRevenue: $M 102,409Scope 1 Intensity: 447.23 tCO2e/$MPetroChinaYear: 2023Scope 1: 124,660,000 tCO2eRevenue: $M 423,668Scope 1 Intensity: 294.24 tCO2e/$MCCCosmo Energy HoldingsYear: 2023Scope 1: 6,886,000 tCO2eRevenue: $M 20,960Scope 1 Intensity: 328.53 tCO2e/$MEquinorYear: 2023Scope 1: 11,500,000 tCO2eRevenue: $M 106,848Scope 1 Intensity: 107.63 tCO2e/$MImperial OilYear: 2022Scope 1: 23,200,000 tCO2eRevenue: $M 42,287Scope 1 Intensity: 548.63 tCO2e/$MOil IndiaYear: 2024Scope 1: 1,422,793 tCO2eRevenue: $M 3,893Scope 1 Intensity: 365.46 tCO2e/$MPetronas GasYear: 2023Scope 1: 5,859,402 tCO2eRevenue: $M 1,403Scope 1 Intensity: 4,177.22 tCO2e/$MEdisonYear: 2023Scope 1: 6,309,652 tCO2eRevenue: $M 20,405Scope 1 Intensity: 309.22 tCO2e/$M

How does Edison's GHG emissions intensity compare to its peers?

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

Where does Edison rank on GHG emissions intensity within its industry?

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

Insights into Edison's Total Carbon Footprint

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

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