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Hydro One Ltd
Hydro One's GHG Emissions Data Preview
In 2024, Hydro One 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) and Scope 2 (indirect emissions from purchased energy).
However, Hydro One has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 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 | ||||
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 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 Hydro One’s Greenhouse Gas (GHG) Emissions Data
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Insights into Hydro One's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofHydro One amounted to419,145metric 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 Hydro Oneincreased by 23.54%, suggesting that the company faced challenges in reducing its emissions from its core operations.ab
Hydro One's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Hydro One's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Hydro One were 98,914 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Has Hydro One reduced its Scope 1 emissions over time?
Since 2019, Hydro One's Scope 1 emissions have decreased by 39.61%, reflecting a declining long-term trend in Scope 1 emissions over time.ac
Compared to the previous year(2023), Hydro One's Scope 1 emissions decreased by 23.91%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
What are Hydro One's Scope 2 emissions?
In 2024, Hydro One reported Scope 2 greenhouse gas (GHG) emissions of 320,231 tCOâ‚‚e without specifying the calculation method.a
Has Hydro One reduced its Scope 2 emissions over time?
Since 2019, Hydro One's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method)have increased by 97.97%, reflecting a rising long-term trend in Scope 2 emissions over time.ac
Compared to the previous year(2023), Hydro One's Scope 2 emissions(Unspecified Calculation Method) rose by 53.01% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energyab
What methodology does Hydro One use for Scope 2 reporting?
In 2024, Hydro One reported its Scope 2 emissions using an unspecified methodology.a
Hydro One's Scope 2 Emissions Over Time
- Total Scope 2 (Unspecified Calculation Method)
Insights into Hydro One’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Hydro One reported Scope 1 greenhouse gas (GHG) emissions of 98,914 tCOâ‚‚e and total revenues of USD 5,898 millions. This translates into an emissions intensity of 16.77 tCOâ‚‚e per millions USD.a
Hydro One's Scope 1 Emissions Intensity Compared to Peers
How does Hydro One's GHG emissions intensity compare to its peers?
In 2024, Hydro One reported a Scope 1 emissions intensity of 16.77 tCOâ‚‚e per millions USD. Compared to the peer group median of 1,379, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
Where does Hydro One rank on GHG emissions intensity within its industry?
In 2024, Hydro One ranked 8 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
Hydro One is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a