Emera Inc

Common Name
Emera
Country
Canada
Sector
Utilities
Industry
Utilities - Regulated Electric
Employees
7,605
Ticker
EMA
Exchange
TORONTO STOCK EXCHANGE
Description
Emera Inc. is a North American energy holding company focused on electricity generation, transmission, and distribution, as well as natural gas utilities and infrastructure. Headquartered in Halifax, ...

Emera's GHG Emissions Data Preview

In 2024, Emera 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).

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

a. Emera's CDP Climate sourced from company’s website 2025
a. Emera's CDP Climate sourced from company’s website 2025
b. Emera's GRI index 2023
b. Emera's GRI index 2023

Insights into Emera's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Emera amounted to 13,383,982 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 Emera increased by ∞%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Emera's Scope 1 Emissions Over Time

202403.5 M7 M10.5 M14 MtCO2e
  • Total Scope 1
  • Year-over-Year Change

What are Emera's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Emera were 13,381,615 metric tons of CO₂ equivalent (tCO₂e). a

What are Emera's Scope 2 emissions?

In 2024, Emera reported Scope 2 greenhouse gas (GHG) emissions of 2,367 tCO₂e using the location-based method. a

What methodology does Emera use for Scope 2 reporting?

In 2024, Emera reported its Scope 2 emissions using the location-based method. a

Emera's Scope 2 Emissions Over Time

202406001.2 k1.8 k2.4 ktCO2e
  • Total Scope 2 Location-Based

Insights into Emera's Value Chain Emissions

In 2024, Emera reported 8,626,820 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 Emera includes a breakdown across 2 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chain a

Emera's Scope 3 Emissions Over Time

202120222023202402.5 M5 M7.5 M10 MtCO2e-4%-6%+4%
  • Total Scope 3
  • Year-over-Year Change

What are Emera's Scope 3 emissions?

In 2024, Emera reported total Scope 3 emissions of 8,626,820 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 10.2% of these emissions originated from upstream activities such as purchased goods and capital goods, while 89.8% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has Emera reduced its Scope 3 emissions over time?

Since 2021, Emera's Scope 3 emissions have remained relatively stable, indicating that Emera 's emissions have plateaued with no significant change in its value chain footprint. a b

Compared to the previous year (2023), Emera's Scope 3 emissions remained relatively stable, indicating that Emera 's emissions have plateaued with no significant change in its value chain footprint. a b

What categories of Scope 3 emissions does Emera disclose?

In 2024, Emera reported emissions for 2 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 Emera's Scope 3 emissions?

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

  • Use of Sold Products (Cat. 11): 7,746,638 tCO₂e (89.8%)
  • Fuel- and Energy-Related Services (Cat. 3): 880,182 tCO₂e (10.2%)

Emera's Scope 3 Emissions by Categories

Use of Sold Products(Cat. 11)(89.8%)Fuel- andEnergy-RelatedServices (Cat. 3)(10.2%)

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

In 2024, Emera reported Scope 1 greenhouse gas (GHG) emissions of 13,381,615 tCO₂e and total revenues of USD 5,005 millions. This translates into an emissions intensity of 2,673.53 tCO₂e per millions USD. a

Emera's Scope 1 Emissions Intensity Compared to Peers

5,000100,0001,000,00020,000,000200,000,000Scope 1 Emissions (tCO2e)2002,00010,00050,000200,000Revenues (Millions of USD)CTPortland General ElectricYear: 2024Scope 1: 6,412,964 tCO2eRevenue: $M 3,440Scope 1 Intensity: 1,864.23 tCO2e/$MCPFL EnergiaYear: 2024Scope 1: 80,770 tCO2eRevenue: $M 6,900Scope 1 Intensity: 11.71 tCO2e/$MEnergisaYear: 2023Scope 1: 514,020 tCO2eRevenue: $M 5,883Scope 1 Intensity: 87.38 tCO2e/$MPinnacle West CapitalYear: 2023Scope 1: 10,628,383 tCO2eRevenue: $M 4,696Scope 1 Intensity: 2,263.29 tCO2e/$MCCConsumers EnergyYear: 2023Scope 1: 12,482,384 tCO2eRevenue: $M 7,166Scope 1 Intensity: 1,741.89 tCO2e/$MKorea Electric PowerYear: 2023Scope 1: 649,356 tCO2eRevenue: $M 68,456Scope 1 Intensity: 9.49 tCO2e/$MCLP HoldingsYear: 2023Scope 1: 38,163,000 tCO2eRevenue: $M 11,163Scope 1 Intensity: 3,418.80 tCO2e/$MTenaga NasionalYear: 2024Scope 1: 38,750,000 tCO2eRevenue: $M 12,689Scope 1 Intensity: 3,053.92 tCO2e/$MOGE EnergyYear: 2023Scope 1: 9,040,683 tCO2eRevenue: $M 2,674Scope 1 Intensity: 3,380.58 tCO2e/$MFortisYear: 2023Scope 1: 8,155,000 tCO2eRevenue: $M 8,699Scope 1 Intensity: 937.42 tCO2e/$MTTTXNM EnergyYear: 2022Scope 1: 4,844,547 tCO2eRevenue: $M 2,250Scope 1 Intensity: 2,153.56 tCO2e/$MHydro OneYear: 2024Scope 1: 98,914 tCO2eRevenue: $M 5,898Scope 1 Intensity: 16.77 tCO2e/$MTernaYear: 2024Scope 1: 79,422 tCO2eRevenue: $M 3,795Scope 1 Intensity: 20.93 tCO2e/$MHawaiian Electric IndustriesYear: 2023Scope 1: 4,418,816 tCO2eRevenue: $M 3,682Scope 1 Intensity: 1,200.06 tCO2e/$MHK Electric InvestmentsYear: 2023Scope 1: 6,640,000 tCO2eRevenue: $M 1,461Scope 1 Intensity: 4,545.98 tCO2e/$MCEZYear: 2024Scope 1: 15,476,307 tCO2eRevenue: $M 14,028Scope 1 Intensity: 1,103.24 tCO2e/$MShikoku Electric PowerYear: 2022Scope 1: 8,090,000 tCO2eRevenue: $M 5,261Scope 1 Intensity: 1,537.74 tCO2e/$MXcel EnergyYear: 2023Scope 1: 36,180,000 tCO2eRevenue: $M 14,206Scope 1 Intensity: 2,546.81 tCO2e/$MChina PowerYear: 2024Scope 1: 49,876,065 tCO2eRevenue: $M 8,066Scope 1 Intensity: 6,183.16 tCO2e/$MIdacorpYear: 2024Scope 1: 4,130,000 tCO2eRevenue: $M 1,827Scope 1 Intensity: 2,260.99 tCO2e/$MColbunYear: 2023Scope 1: 4,166,056 tCO2eRevenue: $M 2,004Scope 1 Intensity: 2,079.27 tCO2e/$MEversource EnergyYear: 2023Scope 1: 158,122 tCO2eRevenue: $M 11,911Scope 1 Intensity: 13.28 tCO2e/$MRatch GroupYear: 2023Scope 1: 4,984,325 tCO2eRevenue: $M 1,269Scope 1 Intensity: 3,929.24 tCO2e/$MPOWERGRIDYear: 2025Scope 1: 49,785 tCO2eRevenue: $M 5,360Scope 1 Intensity: 9.29 tCO2e/$MEmeraYear: 2024Scope 1: 13,381,615 tCO2eRevenue: $M 5,005Scope 1 Intensity: 2,673.53 tCO2e/$M

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

In 2024, Emera reported a Scope 1 emissions intensity of 2,673.53 tCO₂e per millions USD. Compared to the peer group median of 1,803.06 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

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

In 2024, Emera ranked 19 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

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

Insights into Emera's Total Carbon Footprint

In 2024, Emera reported a total carbon footprint of 22,010,802 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 165.16% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a b

The largest contributor to Emera's total carbon footprint was Scope 1 emissions, accounting for 60.8% of the company's total carbon footprint, followed by Scope 3 emissions at 39.19%. a

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