EDP Renovaveis SA

Common Name
EDP Renovaveis
Country
Spain
Sector
Utilities
Industry
Utilities - Renewable
Employees
3,116
Ticker
EDPR
Exchange
EURONEXT
Description
EDP Renováveis S.A. is a prominent renewable energy company, specializing in the development, management, and operation of green energy projects. The company's core focus is on generating electricity ...

EDP Renovaveis's GHG Emissions Data Preview

In 2023, EDP Renovaveis 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).

EDP Renovaveis has also provided a category-level breakdown for 2 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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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into EDP Renovaveis's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of EDP Renovaveis amounted to 31,707 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).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of EDP Renovaveis decreased by 2.27%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

EDP Renovaveis's Scope 1 Emissions Over Time

20212022202308001.6 k2.4 k3.2 ktCO2e+25%+32%
  • Total Scope 1
  • Year-over-Year Change

What are EDP Renovaveis's Scope 1 emissions?

In 2023, the total Scope 1 emissions of EDP Renovaveis were 3,159 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has EDP Renovaveis reduced its Scope 1 emissions over time?

Since 2021, EDP Renovaveis's Scope 1 emissions have increased by 65.39%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), EDP Renovaveis's Scope 1 emissions increased by 32%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are EDP Renovaveis's Scope 2 emissions?

In 2023, EDP Renovaveis reported Scope 2 greenhouse gas (GHG) emissions of 28,548 tCOâ‚‚e without specifying the calculation method.

Has EDP Renovaveis reduced its Scope 2 emissions over time?

Since 2021, EDP Renovaveis's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have remained relatively stable, indicating that EDP Renovaveis 's emissions have plateaued with no significant change in its energy consumption footprint.

Compared to the previous year (2022), EDP Renovaveis's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that EDP Renovaveis 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does EDP Renovaveis use for Scope 2 reporting?

In 2023, EDP Renovaveis reported its Scope 2 emissions using an unspecified methodology.

EDP Renovaveis's Scope 2 Emissions Over Time

20212022202308 k16 k24 k32 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into EDP Renovaveis's Value Chain Emissions

In 2023, EDP Renovaveis reported 2,355,985 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of EDP Renovaveis includes a breakdown across 2 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.

EDP Renovaveis's Scope 3 Emissions Over Time

2021202220230600 k1.2 M1.8 M2.4 MtCO2e+252%+42554%
  • Total Scope 3
  • Year-over-Year Change

What are EDP Renovaveis's Scope 3 emissions?

In 2023, EDP Renovaveis reported total Scope 3 emissions of 2,355,985 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.

Has EDP Renovaveis reduced its Scope 3 emissions over time?

Since 2021, EDP Renovaveis's Scope 3 emissions have increased by 150,182.9%, reflecting a rising long-term trend in Scope 3 emissions over time.

Compared to the previous year (2022), EDP Renovaveis's Scope 3 emissions increased by 42,554%, suggesting that the company faced challenges in reducing emissions across its value chain.

What categories of Scope 3 emissions does EDP Renovaveis disclose?

In 2023, EDP Renovaveis reported emissions for 2 out of the 15 Scope 3 categories defined by the GHG Protocol.

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

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

In 2023, the largest contributors to EDP Renovaveis's Scope 3 emissions were:

  • Business Travel (Cat. 6): 5,209 tCOâ‚‚e (68.06%)
  • Employee Commuting (Cat. 7): 2,444 tCOâ‚‚e (31.94%)

EDP Renovaveis's Scope 3 Emissions by Categories

Business Travel(Cat. 6)(68.1%)Employee Commuting(Cat. 7)(31.9%)

Insights into EDP Renovaveis's Total Carbon Footprint

In 2023, EDP Renovaveis reported a total carbon footprint of 2,387,692 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 6,188.83% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to EDP Renovaveis's total carbon footprint was Scope 3 emissions, accounting for 98.67% of the company's total carbon footprint, followed by Scope 2 emissions at 1.2%.