Energy Absolute PCL
Energy Absolute's GHG Emissions Data Preview
In 2023, Energy Absolute 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).
However, Energy Absolute has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data. a | Copy restricted. Please purchase to unlock this data. a | Copy restricted. Please purchase to unlock this data. a | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Verified Sources Behind Energy Absolute’s Greenhouse Gas (GHG) Emissions Data
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Insights into Energy Absolute's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Energy Absolute amounted to 80,607 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 Energy Absolute increased by 20.61%, suggesting that the company faced challenges in reducing its emissions from its core operations. a
Energy Absolute's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Energy Absolute's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Energy Absolute were 53,375 metric tons of CO₂ equivalent (tCO₂e). a
Has Energy Absolute reduced its Scope 1 emissions over time?
Since 2020, Energy Absolute's Scope 1 emissions have increased by 17.81%, reflecting a rising long-term trend in Scope 1 emissions over time. a
Compared to the previous year (2022), Energy Absolute's Scope 1 emissions increased by 30.65%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a
What are Energy Absolute's Scope 2 emissions?
In 2023, Energy Absolute reported Scope 2 greenhouse gas (GHG) emissions of 27,232 tCO₂e using the market-based method and 27,232 tCO₂e using the location-based method. a
Has Energy Absolute reduced its Scope 2 emissions over time?
Since 2020, Energy Absolute's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have increased by 110.04%, reflecting a rising long-term trend in Scope 2 emissions over time. a
Compared to the previous year (2022), Energy Absolute's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Energy Absolute 's emissions have plateaued with no significant change in its energy consumption footprint. a
What methodology does Energy Absolute use for Scope 2 reporting?
In 2023, Energy Absolute reported its Scope 2 emissions using the market-based method and using the location-based method. a
Energy Absolute's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Energy Absolute's Value Chain Emissions
In 2023, Energy Absolute reported 117,494 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 Energy Absolute includes a breakdown across 0 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
Energy Absolute's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Energy Absolute's Scope 3 emissions?
In 2023, Energy Absolute reported total Scope 3 emissions of 117,494 metric tons of CO₂ equivalent (tCO₂e). a
Has Energy Absolute reduced its Scope 3 emissions over time?
Since 2020, Energy Absolute's Scope 3 emissions have increased by 172,685.29%, reflecting a rising long-term trend in Scope 3 emissions over time. a
Compared to the previous year (2022), Energy Absolute's Scope 3 emissions decreased by 52.6%, highlighting the company's efforts to lower indirect emissions from its value chain. a
Insights into Energy Absolute’s GHG Emissions Intensity Compared to Industry Peers
In 2023, Energy Absolute reported Scope 1 greenhouse gas (GHG) emissions of 53,375 tCO₂e and total revenues of USD 873 millions. This translates into an emissions intensity of 61.11 tCO₂e per millions USD. a
Energy Absolute's Scope 1 Emissions Intensity Compared to Peers
How does Energy Absolute's GHG emissions intensity compare to its peers?
In 2023, Energy Absolute reported a Scope 1 emissions intensity of 61.11 tCO₂e per millions USD. Compared to the peer group median of 38.46 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a
Where does Energy Absolute rank on GHG emissions intensity within its industry?
In 2023, Energy Absolute ranked 12 out of 19 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
Energy Absolute is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a
Insights into Energy Absolute's Total Carbon Footprint
In 2023, Energy Absolute reported a total carbon footprint of 198,101 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 37.05% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output. a
The largest contributor to Energy Absolute's total carbon footprint was Scope 3 emissions, accounting for 59.31% of the company's total carbon footprint, followed by Scope 1 emissions at 26.94%. a