EDP Renovaveis SA

Common Name
EDP Renovaveis
Country
Spain
Sector
Utilities
Industry
Utilities - Renewable
Employees
2,825
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 2024, 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 15 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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0000000
Unspecified Calculation Method
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b
0000000
Total Scope 3
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b
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind EDP Renovaveis’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 EDP Renovaveis’s data sources below and access millions more through our Disclosure Search.

a. EDP Renovaveis's Annual Report 2024
a. EDP Renovaveis's Annual Report 2024
b. EDP Renovaveis's Annual Report 2023
b. EDP Renovaveis's Annual Report 2023

Insights into EDP Renovaveis's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of EDP Renovaveis amounted to 34,900 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 EDP Renovaveis increased by 10.06%, suggesting that the company faced challenges in reducing its emissions from its core operations. a b

EDP Renovaveis's Scope 1 Emissions Over Time

2020202120222023202401.5 k3 k4.5 k6 ktCO2e-28%+25%+32%+31%
  • Total Scope 1
  • Year-over-Year Change

What are EDP Renovaveis's Scope 1 emissions?

In 2024, the total Scope 1 emissions of EDP Renovaveis were 4,150 metric tons of CO₂ equivalent (tCO₂e). a

Has EDP Renovaveis reduced its Scope 1 emissions over time?

Since 2020, EDP Renovaveis's Scope 1 emissions have increased by 55.43%, reflecting a rising long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2023), EDP Renovaveis's Scope 1 emissions increased by 31.37%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a b

What are EDP Renovaveis's Scope 2 emissions?

In 2024, EDP Renovaveis reported Scope 2 greenhouse gas (GHG) emissions of 30,750 tCO₂e using the market-based method and 30,750 tCO₂e using the location-based method. a

Has EDP Renovaveis reduced its Scope 2 emissions over time?

Since 2020, EDP Renovaveis's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have remained relatively stable, indicating that EDP Renovaveis 's emissions have plateaued with no significant change in its energy consumption footprint. a

Compared to the previous year (2023), EDP Renovaveis's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that EDP Renovaveis 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does EDP Renovaveis use for Scope 2 reporting?

In 2024, EDP Renovaveis reported its Scope 2 emissions using the market-based method and using the location-based method. a

EDP Renovaveis's Scope 2 Emissions Over Time

2020202120222023202408 k16 k24 k32 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into EDP Renovaveis's Value Chain Emissions

In 2024, EDP Renovaveis reported 3,174,008 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 EDP Renovaveis includes a breakdown across 15 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

EDP Renovaveis's Scope 3 Emissions Over Time

202020212022202320240800 k1.6 M2.4 M3.2 MtCO2e-100%+252%+42554%+35%
  • Total Scope 3
  • Year-over-Year Change

What are EDP Renovaveis's Scope 3 emissions?

In 2024, EDP Renovaveis reported total Scope 3 emissions of 3,174,008 metric tons of CO₂ equivalent (tCO₂e). a

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. a

Has EDP Renovaveis reduced its Scope 3 emissions over time?

Since 2020, EDP Renovaveis's Scope 3 emissions have increased by 104.45%, reflecting a rising long-term trend in Scope 3 emissions over time. a

Compared to the previous year (2023), EDP Renovaveis's Scope 3 emissions increased by 34.72%, suggesting that the company faced challenges in reducing emissions across its value chain. a b

What categories of Scope 3 emissions does EDP Renovaveis disclose?

In 2024, EDP Renovaveis reported emissions for 15 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 EDP Renovaveis's Scope 3 emissions?

In 2024, the largest contributors to EDP Renovaveis's Scope 3 emissions were: a

  • Capital Goods (Cat. 2): 3,019,380 tCO₂e (95.13%)
  • Upstream Transportation and Distribution (Cat. 4): 108,390 tCO₂e (3.41%)
  • Purchased Goods and Services (Cat. 1): 38,820 tCO₂e (1.22%)

EDP Renovaveis's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(1.2%)Capital Goods(Cat. 2)(95.1%)UpstreamTransportation andDistribution(Cat. 4)(3.4%)

Insights into EDP Renovaveis’s GHG Emissions Intensity Compared to Industry Peers

In 2024, EDP Renovaveis reported Scope 1 greenhouse gas (GHG) emissions of 4,150 tCO₂e and total revenues of USD 2,796 millions. This translates into an emissions intensity of 1.48 tCO₂e per millions USD. a

EDP Renovaveis's Scope 1 Emissions Intensity Compared to Peers

1005,000200,0005,000,000200,000,000Scope 1 Emissions (tCO2e)501,00020,000500,00010,000,000Revenues (Millions of USD)XSolariaYear: 2024Scope 1: 469,600 tCO2eRevenue: $M 184Scope 1 Intensity: 2,550.91 tCO2e/$MRenew Energy GlobalYear: 2024Scope 1: 637 tCO2eRevenue: $M 975Scope 1 Intensity: 0.65 tCO2e/$MHolaluz-ClidomYear: 2024Scope 1: 460 tCO2eRevenue: $M 282Scope 1 Intensity: 1.63 tCO2e/$MEnel Generacion ChileYear: 2023Scope 1: 3,180 tCO2eRevenue: $M 3,180,000Scope 1 Intensity: 0.00 tCO2e/$MBKWYear: 2024Scope 1: 881,500 tCO2eRevenue: $M 5,023Scope 1 Intensity: 175.49 tCO2e/$MMeridian EnergyYear: 2024Scope 1: 1,060 tCO2eRevenue: $M 2,943Scope 1 Intensity: 0.36 tCO2e/$MAcciona EnergíaYear: 2024Scope 1: 12,473 tCO2eRevenue: $M 3,172Scope 1 Intensity: 3.93 tCO2e/$MChina Longyuan Power GroupYear: 2023Scope 1: 9,948,568 tCO2eRevenue: $M 5,296Scope 1 Intensity: 1,878.34 tCO2e/$MElectricite de StrasbourgYear: 2024Scope 1: 1,032 tCO2eRevenue: $M 1,437Scope 1 Intensity: 0.72 tCO2e/$MBrookfield Renewable PartnersYear: 2024Scope 1: 140,074 tCO2eRevenue: $M 8,103Scope 1 Intensity: 17.29 tCO2e/$MEletrobrasYear: 2024Scope 1: 2,332,558 tCO2eRevenue: $M 6,504Scope 1 Intensity: 358.63 tCO2e/$MSDIC Power HoldingsYear: 2023Scope 1: 49,912,082 tCO2eRevenue: $M 7,980Scope 1 Intensity: 6,254.87 tCO2e/$MChina Yangtze PowerYear: 2023Scope 1: 1,716 tCO2eRevenue: $M 10,990Scope 1 Intensity: 0.16 tCO2e/$MLightYear: 2022Scope 1: 17,474 tCO2eRevenue: $M 2,460Scope 1 Intensity: 7.10 tCO2e/$MClearway EnergyYear: 2023Scope 1: 540,000 tCO2eRevenue: $M 1,314Scope 1 Intensity: 410.96 tCO2e/$MContact EnergyYear: 2024Scope 1: 947,491 tCO2eRevenue: $M 1,731Scope 1 Intensity: 547.49 tCO2e/$MFortumYear: 2024Scope 1: 1,351,041 tCO2eRevenue: $M 6,036Scope 1 Intensity: 223.85 tCO2e/$MBrookfield RenewableYear: 2024Scope 1: 134,654 tCO2eRevenue: $M 4,142Scope 1 Intensity: 32.51 tCO2e/$MDrax GroupYear: 2024Scope 1: 266,000 tCO2eRevenue: $M 7,733Scope 1 Intensity: 34.40 tCO2e/$MVerbundYear: 2024Scope 1: 499,696 tCO2eRevenue: $M 8,579Scope 1 Intensity: 58.24 tCO2e/$MXXXinyi Energy HoldingsYear: 2023Scope 1: 345 tCO2eRevenue: $M 322Scope 1 Intensity: 1.07 tCO2e/$MEDP RenovaveisYear: 2024Scope 1: 4,150 tCO2eRevenue: $M 2,796Scope 1 Intensity: 1.48 tCO2e/$M

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

In 2024, EDP Renovaveis reported a Scope 1 emissions intensity of 1.48 tCO₂e per millions USD. Compared to the peer group median of 32.51 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does EDP Renovaveis rank on GHG emissions intensity within its industry?

In 2024, EDP Renovaveis ranked 7 out of 21 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

EDP Renovaveis is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

Insights into EDP Renovaveis's Total Carbon Footprint

In 2024, EDP Renovaveis reported a total carbon footprint of 3,208,908 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 34.39% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a b

The largest contributor to EDP Renovaveis's total carbon footprint was Scope 3 emissions, accounting for 98.91% of the company's total carbon footprint, followed by Scope 2 emissions at 0.96%. a

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