Hydro One Ltd

Common Name
Hydro One
Country
Canada
Sector
Utilities
Industry
Utilities - Regulated Electric
Employees
7,261
Ticker
H
Exchange
TORONTO STOCK EXCHANGE
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 GHG Emissions Data Preview

In 2023, 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)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions 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 Hydro One's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Hydro One amounted to 339,286 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).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Hydro One decreased by 3.77%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Hydro One's Scope 1 Emissions Over Time

20192020202120222023050 k100 k150 k200 ktCO2e+13%-9%-11%-13%
  • Total Scope 1
  • Year-over-Year Change

What are Hydro One's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Hydro One were 129,994 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Hydro One reduced its Scope 1 emissions over time?

Since 2019, Hydro One's Scope 1 emissions have decreased by 20.63%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Hydro One's Scope 1 emissions decreased by 13.33%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Hydro One's Scope 2 emissions?

In 2023, Hydro One reported Scope 2 greenhouse gas (GHG) emissions of 209,292 tCOâ‚‚e without specifying the calculation method.

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 29.39%, reflecting a rising long-term trend in Scope 2 emissions over time.

Compared to the previous year (2022), Hydro One's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Hydro One 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does Hydro One use for Scope 2 reporting?

In 2023, Hydro One reported its Scope 2 emissions using an unspecified methodology.

Hydro One's Scope 2 Emissions Over Time

20192020202120222023055 k110 k165 k220 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)
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