Genesis Energy Ltd

Common Name
Genesis Energy
Country
New Zealand
Sector
Utilities
Industry
Utilities - Independent Power Producers
Employees
1,306
Ticker
GNE
Exchange
NZX
Description
Genesis Energy Ltd. is a key player in the New Zealand energy market, functioning as a diversified energy utility. It generates electricity through a mix of thermal and renewable energy sources, inclu...

Genesis Energy's Climate Target Data Preview

As of 2024, Genesis Energy has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 absolute reduction targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Genesis Energy ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2025
Absolute-based Target
Scope 3 - Use of Sold Products (Cat. 11)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2025

This table provides a simplified preview of selected climate targets 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 Genesis Energy's Greenhouse Gas Emissions Pathways

As of 2024, Genesis Energy has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.

Does Genesis Energy have a target to reduce the emissions from its operations?

As of 2024, Genesis Energy has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

Genesis Energy's most ambitious operational target is to reduce these emissions by 36% by 2025, compared to a baseline of 2,690,253 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020.

As of 2024, Genesis Energy is lagging behind on its operational emissions reduction target, having achieved 25.56% of the planned reduction.

Genesis Energy's Operational (Scope 1+2) Emissions Pathway

2020202420250700 k1.4 M2.1 M2.8 MCurrent (-9%)Target 2025 (-36%)

Does Genesis Energy have a target to reduce the emissions from its value chain?

As of 2024, Genesis Energy has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol.

Genesis Energy's most ambitious value chain target is to reduce these emissions by 21% by 2025, compared to a baseline of 1,366,852 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020.

Genesis Energy has already surpassed its value chain emissions reduction target, with 2024 levels falling below the 2025 value, achieving its climate goal ahead of schedule.

Genesis Energy's Value Chain (Scope 3) Emissions Pathway

2020202420250350 k700 k1.05 M1.4 MBaselineCurrent (-60%)Target 2025 (-21%)
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