EDP SA

Common Name
EDP
Country
Portugal
Sector
Utilities
Industry
Utilities - Diversified
Employees
12,903
Ticker
EDP
Exchange
EURONEXT
Description
EDP - Energias de Portugal S.A. is a renowned utility company primarily engaged in the generation, distribution, and commercialization of electricity and gas. Headquartered in Lisbon, Portugal, EDP se...

EDP's GHG Emissions Data Preview

In 2024, EDP 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 has also provided a category-level breakdown for 9 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
Market-Based
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Location-Based
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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's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of EDP amounted to 1,691,800 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 2023, the total operational greenhouse gas (GHG) emissions of EDP decreased by 62.93%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

EDP's Scope 1 Emissions Over Time

201820192020202120222023202405 M10 M15 M20 MtCO2e-22%-35%+6%-4%-55%-66%
  • Total Scope 1
  • Year-over-Year Change

What are EDP's Scope 1 emissions?

In 2024, the total Scope 1 emissions of EDP were 1,458,320 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has EDP reduced its Scope 1 emissions over time?

Since 2018, EDP's Scope 1 emissions have decreased by 92.09%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2023), EDP's Scope 1 emissions decreased by 65.89%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are EDP's Scope 2 emissions?

In 2024, EDP reported Scope 2 greenhouse gas (GHG) emissions of 233,560 tCOâ‚‚e using the market-based method and 233,480 tCOâ‚‚e using the location-based method.

Has EDP reduced its Scope 2 emissions over time?

Since 2018, EDP's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 61.22%, reflecting a declining long-term trend in Scope 2 emissions over time.

Compared to the previous year (2023), EDP's Scope 2 emissions (Location-Based) fell by 18.83% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.

What methodology does EDP use for Scope 2 reporting?

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

EDP's Scope 2 Emissions Over Time

20182019202020212022202320240250 k500 k750 k1 MtCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into EDP's Value Chain Emissions

In 2024, EDP reported 9,540,560 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 2024 disclosure of EDP includes a breakdown across 9 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.

EDP's Scope 3 Emissions Over Time

201820192020202120222023202403 M6 M9 M12 MtCO2e+3%-18%+7%-10%-13%+18%
  • Total Scope 3
  • Year-over-Year Change

What are EDP's Scope 3 emissions?

In 2024, EDP reported total Scope 3 emissions of 9,540,560 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 76.01% of these emissions originated from upstream activities such as purchased goods and capital goods, while 23.99% came from downstream activities like product use, distribution, and end-of-life treatment.

Has EDP reduced its Scope 3 emissions over time?

Since 2018, EDP's Scope 3 emissions have decreased by 15.82%, reflecting a declining long-term trend in Scope 3 emissions over time.

Compared to the previous year (2023), EDP's Scope 3 emissions increased by 18.33%, suggesting that the company faced challenges in reducing emissions across its value chain.

What categories of Scope 3 emissions does EDP disclose?

In 2024, EDP reported emissions for 9 out of the 15 Scope 3 categories defined by the GHG Protocol.

This partial disclosure allows for some insight into the company's indirect impacts.

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

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

  • Fuel- and Energy-Related Services (Cat. 3): 3,367,210 tCOâ‚‚e (35.29%)
  • Capital Goods (Cat. 2): 3,218,200 tCOâ‚‚e (33.73%)
  • Investments (Cat. 15): 1,451,090 tCOâ‚‚e (15.21%)

EDP's Scope 3 Emissions by Categories

Investments(Cat. 15)(15.2%)Fuel- andEnergy-RelatedServices (Cat. 3)(35.3%)Capital Goods(Cat. 2)(33.7%)

Insights into EDP's Total Carbon Footprint

In 2024, EDP reported a total carbon footprint of 11,232,360 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 11.04% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to EDP's total carbon footprint was Scope 3 emissions, accounting for 84.94% of the company's total carbon footprint, followed by Scope 1 emissions at 12.98%.

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