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Good Energy Group Ltd

Common Name
Good Energy Group
Country
United Kingdom
Sector
Utilities
Industry
Utilities - Renewable
Employees
362
Ticker
GOOD
Exchange
LONDON STOCK EXCHANGE
Description
Good Energy Group Plc is a British renewable energy company dedicated to providing sustainable energy solutions. It primarily focuses on generating and supplying electricity that is sourced from renew...

Good Energy Group's GHG Emissions Data Preview

In 2024, Good Energy Group 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).

Good Energy Group has also provided a category-level breakdown for 7 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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0000000
Total Scope 2
Market-Based
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a
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0000000
Location-Based
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0000000
Total Scope 3
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0000000
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Verified Sources Behind Good Energy Group’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 Good Energy Group’s data sources below and access millions more through our Disclosure Search.

a. Good Energy Group's Annual Report 2024
a. Good Energy Group's Annual Report 2024

Insights into Good Energy Group's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofGood Energy Group amounted to141.72metric 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 Good Energy Groupdecreased by 5.18%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

Good Energy Group's Scope 1 Emissions Over Time

202320240306090120tCO2e+5%
  • Total Scope 1
  • Year-over-Year Change

What are Good Energy Group's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Good Energy Group were 101.15 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Compared to the previous year(2023), Good Energy Group's Scope 1 emissions increased by 4.84%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are Good Energy Group's Scope 2 emissions?

In 2024, Good Energy Group reported Scope 2 greenhouse gas (GHG) emissions of 0 tCOâ‚‚e using the market-based method and 40.57 tCOâ‚‚e using the location-based method.a

Has Good Energy Group reduced its Scope 2 emissions over time?

Compared to the previous year(2023), Good Energy Group's Scope 2 emissions(Location-Based) fell by 23.44% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a

What methodology does Good Energy Group use for Scope 2 reporting?

In 2024, Good Energy Group reported its Scope 2 emissions using the market-based method and using the location-based method.a

Good Energy Group's Scope 2 Emissions Over Time

20232024015304560tCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Good Energy Group's Value Chain Emissions

In 2024, Good Energy Group reported 68,359.76 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2024 disclosure of Good Energy Group includes a breakdown across 7of 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 chaina

Good Energy Group's Scope 3 Emissions Over Time

20232024020 k40 k60 k80 ktCO2e+56442%
  • Total Scope 3
  • Year-over-Year Change

What are Good Energy Group's Scope 3 emissions?

In 2024, Good Energy Group reported total Scope 3 emissions of 68,359.76 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 0.41%of these emissions originated from upstream activities such as purchased goods and capital goods, while 99.59%came from downstream activities like product use, distribution, and end-of-life treatment.a

Compared to the previous year (2023), Good Energy Group's Scope 3 emissions increased by 56,442.4%, suggesting that the company faced challenges in reducing emissions across its value chain.a

What categories of Scope 3 emissions does Good Energy Group disclose?

In 2024, Good Energy Group reported emissions for 7 out of the 15 Scope 3 categories defined by the GHG Protocol.a

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

What are the main sources of Good Energy Group's Scope 3 emissions?

In 2024, the largest contributors to Good Energy Group's Scope 3 emissions were:a

  • Use of Sold Products (Cat. 11): 68,078.18 tCOâ‚‚e(99.59%)
  • Employee Commuting (Cat. 7): 184.25 tCOâ‚‚e(0.27%)
  • Fuel- and Energy-Related Services (Cat. 3): 61.46 tCOâ‚‚e(0.09%)

Good Energy Group's Scope 3 Emissions by Categories

Use of Sold Products(Cat. 11)(99.6%)

Insights into Good Energy Group's Total Carbon Footprint

In 2024, Good Energy Group reported a total carbon footprint of 68,501.48 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 25,236.2% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a

The largest contributor to Good Energy Group's total carbon footprint was Scope 3 emissions, accounting for 99.79% of the company's total carbon footprint, followed by Scope 1 emissions at 0.15%.a

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