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Hydro One Ltd

Common Name
Hydro One
Country
Canada
Sector
Utilities
Industry
Utilities - Regulated Electric
Employees
7,261
Ticker
H
Exchange
TMX Group Inc.
Description
Hydro One Ltd. is a prominent utility company engaged in the transmission and distribution of electricity in Ontario, Canada. Its primary function is to ensure the efficient and reliable delivery of e...

Hydro One's Climate Target Data Preview

As of 2025, Hydro One has disclosed 4 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 4 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 Hydro One's climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Mobile Combustion
Metric Tonnes of CO2 equivalent (mtCO2e)
-40%a
2030
Absolute-based Target*
Scope 1 - Fugitive
Metric Tonnes of CO2 equivalent (mtCO2e)
-25%a
2030
Absolute-based Target*
Scope 1 - Stationary Combustion
Metric Tonnes of CO2 equivalent (mtCO2e)
-50%a
2030
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
-30%b
2030
*. This target is limited in scope and does not represent the company's full operational or organizational boundaries
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Verified Sources Behind Hydro One’s Climate Targets 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 Hydro One’s data sources below and access millions more through our Disclosure Search.

a. Hydro One's Sustainability Report 2021
b. Hydro One's Sustainability Report 2025

Insights into Hydro One's Greenhouse Gas Emissions Pathways

As of 2025, Hydro One has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions.ab

Does Hydro One have a target to reduce the emissions from its operations?

As of 2025, Hydro One has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.ab

Hydro One's most ambitious operational target is to reduce these emissions by 30% by 2030, compared to a baseline of 171,364.384 Metric Tonnes of CO2 equivalent (mtCO2e) in 2018.ab

As of 2025, Hydro One is ahead of schedule on its operational emissions reduction target, having achieved 90% of the planned reduction.ab

Hydro One's Operational (Scope 1+2) Emissions Pathway

201820252030045 k90 k135 k180 kBaselineCurrent (-27%)
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