Fortis Inc
Fortis's GHG Emissions Data Preview
In 2023, Fortis 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).
Fortis has also provided a category-level breakdown for 3 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| 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.  | Copy restricted. Please purchase to unlock this data. | 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 |
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aVerified Sources Behind Fortis’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 Fortis’s data sources below and access millions more through our Disclosure Search.
Insights into Fortis's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Fortis amounted to 8,313,000 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 Fortis decreased by 6.88%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a
Fortis's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Fortis's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Fortis were 8,155,000 metric tons of CO₂ equivalent (tCO₂e). a
Has Fortis reduced its Scope 1 emissions over time?
Since 2018, Fortis's Scope 1 emissions have decreased by 26.8%, reflecting a declining long-term trend in Scope 1 emissions over time. a b
Compared to the previous year (2022), Fortis's Scope 1 emissions decreased by 6.78%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a
What are Fortis's Scope 2 emissions?
In 2023, Fortis reported Scope 2 greenhouse gas (GHG) emissions of 158,000 tCO₂e using the market-based method and 158,000 tCO₂e using the location-based method. a
What methodology does Fortis use for Scope 2 reporting?
In 2023, Fortis reported its Scope 2 emissions using the market-based method and using the location-based method. a
Fortis's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Fortis's Value Chain Emissions
In 2023, Fortis reported 113,390,000 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 Fortis includes a breakdown across 3 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
Fortis's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Fortis's Scope 3 emissions?
In 2023, Fortis reported total Scope 3 emissions of 113,390,000 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 85.61% of these emissions originated from upstream activities such as purchased goods and capital goods, while 14.39% came from downstream activities like product use, distribution, and end-of-life treatment. a
Has Fortis reduced its Scope 3 emissions over time?
Since 2018, Fortis's Scope 3 emissions have remained relatively stable, indicating that Fortis 's emissions have plateaued with no significant change in its value chain footprint. a b
Compared to the previous year (2022), Fortis's Scope 3 emissions remained relatively stable, indicating that Fortis 's emissions have plateaued with no significant change in its value chain footprint. a
What categories of Scope 3 emissions does Fortis disclose?
In 2023, Fortis reported emissions for 3 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 Fortis's Scope 3 emissions?
In 2023, the largest contributors to Fortis's Scope 3 emissions were: a
- Fuel- and Energy-Related Services (Cat. 3): 96,806,000 tCO₂e (85.37%)
- Use of Sold Products (Cat. 11): 16,268,000 tCO₂e (14.35%)
- Other/Unspecified Sources: 316,000 tCO₂e (0.28%)
Fortis's Scope 3 Emissions by Categories
Insights into Fortis’s GHG Emissions Intensity Compared to Industry Peers
In 2023, Fortis reported Scope 1 greenhouse gas (GHG) emissions of 8,155,000 tCO₂e and total revenues of USD 8,699 millions. This translates into an emissions intensity of 937.42 tCO₂e per millions USD. a
Fortis's Scope 1 Emissions Intensity Compared to Peers
How does Fortis's GHG emissions intensity compare to its peers?
In 2023, Fortis reported a Scope 1 emissions intensity of 937.42 tCO₂e per millions USD. Compared to the peer group median of 1,190.8 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a
Where does Fortis rank on GHG emissions intensity within its industry?
In 2023, Fortis ranked 11 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
Fortis is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a
Insights into Fortis's Total Carbon Footprint
In 2023, Fortis reported a total carbon footprint of 121,703,000 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 4% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a
The largest contributor to Fortis's total carbon footprint was Scope 3 emissions, accounting for 93.17% of the company's total carbon footprint, followed by Scope 1 emissions at 6.7%. a