Neoenergia SA

Common Name
Neoenergia
Country
Brazil
Sector
Utilities
Industry
Utilities - Regulated Electric
Employees
N/A
Ticker
NEOE3
Exchange
B3 S.A.
Description
Neoenergia S.A. is a leading player in the electrical utility sector in Brazil, primarily focused on the generation, transmission, distribution, and commercialization of electricity. As one of the maj...

Neoenergia's GHG Emissions Data Preview

In 2023, Neoenergia 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).

Neoenergia has also provided a category-level breakdown for 3 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2023202220212020 - 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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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Neoenergia’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 Neoenergia’s data sources below and access millions more through our Disclosure Search.

a. Neoenergia's Sustainability Report 2023
a. Neoenergia's Sustainability Report 2023

Insights into Neoenergia's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Neoenergia amounted to 312,416 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). a

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Neoenergia decreased by 24.94%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Neoenergia's Scope 1 Emissions Over Time

2021202220230250 k500 k750 k1 MtCO2e-91%+23%
  • Total Scope 1
  • Year-over-Year Change

What are Neoenergia's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Neoenergia were 104,024 metric tons of CO₂ equivalent (tCO₂e). a

Has Neoenergia reduced its Scope 1 emissions over time?

Since 2021, Neoenergia's Scope 1 emissions have decreased by 89.45%, reflecting a declining long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2022), Neoenergia's Scope 1 emissions increased by 23%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are Neoenergia's Scope 2 emissions?

In 2023, Neoenergia reported Scope 2 greenhouse gas (GHG) emissions of 208,392 tCO₂e without specifying the calculation method. a

Has Neoenergia reduced its Scope 2 emissions over time?

Since 2021, Neoenergia's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have decreased by 67.53%, reflecting a declining long-term trend in Scope 2 emissions over time. a

Compared to the previous year (2022), Neoenergia's Scope 2 emissions (Unspecified Calculation Method) fell by 37.17% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a

What methodology does Neoenergia use for Scope 2 reporting?

In 2023, Neoenergia reported its Scope 2 emissions using an unspecified methodology. a

Neoenergia's Scope 2 Emissions Over Time

2021202220230200 k400 k600 k800 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Neoenergia's Value Chain Emissions

In 2023, Neoenergia reported 1,678,035 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2023 disclosure of Neoenergia includes a breakdown across 3 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Neoenergia's Scope 3 Emissions Over Time

2021202220230600 k1.2 M1.8 M2.4 MtCO2e-42%+22%
  • Total Scope 3
  • Year-over-Year Change

What are Neoenergia's Scope 3 emissions?

In 2023, Neoenergia reported total Scope 3 emissions of 1,678,035 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has Neoenergia reduced its Scope 3 emissions over time?

Since 2021, Neoenergia's Scope 3 emissions have decreased by 29.49%, reflecting a declining long-term trend in Scope 3 emissions over time. a

Compared to the previous year (2022), Neoenergia's Scope 3 emissions increased by 22.28%, suggesting that the company faced challenges in reducing emissions across its value chain. a

What categories of Scope 3 emissions does Neoenergia disclose?

In 2023, Neoenergia reported emissions for 3 out of the 15 Scope 3 categories defined by the GHG Protocol. a

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of Neoenergia's Scope 3 emissions?

In 2023, the largest contributors to Neoenergia's Scope 3 emissions were: a

  • Fuel- and Energy-Related Services (Cat. 3): 710,383 tCO₂e (98.79%)
  • Employee Commuting (Cat. 7): 5,911 tCO₂e (0.82%)
  • Business Travel (Cat. 6): 2,785 tCO₂e (0.39%)

Neoenergia's Scope 3 Emissions by Categories

Fuel- andEnergy-RelatedServices (Cat. 3)(98.8%)

Insights into Neoenergia’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Neoenergia reported Scope 1 greenhouse gas (GHG) emissions of 104,024 tCO₂e and total revenues of USD 9,142 millions. This translates into an emissions intensity of 11.38 tCO₂e per millions USD. a

Neoenergia's Scope 1 Emissions Intensity Compared to Peers

50010,000500,00010,000,000200,000,000Scope 1 Emissions (tCO2e)2002,00050,0001,000,00020,000,000Revenues (Millions of USD)CSJEmeraYear: 2024Scope 1: 13,381,615 tCO2eRevenue: $M 5,005Scope 1 Intensity: 2,673.53 tCO2e/$MPortland General ElectricYear: 2023Scope 1: 6,843,029 tCO2eRevenue: $M 2,923Scope 1 Intensity: 2,341.10 tCO2e/$MCPFL EnergiaYear: 2024Scope 1: 80,770 tCO2eRevenue: $M 6,900Scope 1 Intensity: 11.71 tCO2e/$MChina Southern Power Grid Energy StorageYear: 2023Scope 1: 2,553 tCO2eRevenue: $M 792Scope 1 Intensity: 3.22 tCO2e/$MEnergisaYear: 2023Scope 1: 514,020 tCO2eRevenue: $M 5,883Scope 1 Intensity: 87.38 tCO2e/$MPinnacle West CapitalYear: 2023Scope 1: 10,628,383 tCO2eRevenue: $M 4,696Scope 1 Intensity: 2,263.29 tCO2e/$MCMS EnergyYear: 2023Scope 1: 16,083,829 tCO2eRevenue: $M 7,462Scope 1 Intensity: 2,155.43 tCO2e/$MAmerenYear: 2023Scope 1: 19,883,180 tCO2eRevenue: $M 7,500Scope 1 Intensity: 2,651.09 tCO2e/$MCCConsumers EnergyYear: 2023Scope 1: 12,482,384 tCO2eRevenue: $M 7,166Scope 1 Intensity: 1,741.89 tCO2e/$MElia GroupYear: 2024Scope 1: 17,640 tCO2eRevenue: $M 3,920Scope 1 Intensity: 4.50 tCO2e/$MCopelYear: 2023Scope 1: 81,690 tCO2eRevenue: $M 4,429Scope 1 Intensity: 18.45 tCO2e/$MEnerjisa EnerjiYear: 2024Scope 1: 40,314 tCO2eRevenue: $M 5,389Scope 1 Intensity: 7.48 tCO2e/$MOGE EnergyYear: 2023Scope 1: 9,040,683 tCO2eRevenue: $M 2,674Scope 1 Intensity: 3,380.58 tCO2e/$MCenterPoint EnergyYear: 2023Scope 1: 5,170,862 tCO2eRevenue: $M 8,696Scope 1 Intensity: 594.63 tCO2e/$MFortisYear: 2023Scope 1: 8,155,000 tCO2eRevenue: $M 8,699Scope 1 Intensity: 937.42 tCO2e/$MSSShenzhen Energy GroupYear: 2023Scope 1: 28,940,000 tCO2eRevenue: $M 5,699Scope 1 Intensity: 5,077.87 tCO2e/$MAlliant EnergyYear: 2023Scope 1: 13,631,273 tCO2eRevenue: $M 4,027Scope 1 Intensity: 3,384.97 tCO2e/$MTaesaYear: 2023Scope 1: 4,762 tCO2eRevenue: $M 693Scope 1 Intensity: 6.87 tCO2e/$MEquatorialYear: 2024Scope 1: 923,445 tCO2eRevenue: $M 6,988Scope 1 Intensity: 132.15 tCO2e/$MJJJiangsu GuoxinYear: 2023Scope 1: 55,962,475 tCO2eRevenue: $M 4,865Scope 1 Intensity: 11,504.20 tCO2e/$MEnel ChileYear: 2024Scope 1: 2,376,147 tCO2eRevenue: $M 3,766,879Scope 1 Intensity: 0.63 tCO2e/$MChina PowerYear: 2024Scope 1: 49,876,065 tCO2eRevenue: $M 8,066Scope 1 Intensity: 6,183.16 tCO2e/$MPOWERGRIDYear: 2025Scope 1: 49,785 tCO2eRevenue: $M 5,360Scope 1 Intensity: 9.29 tCO2e/$MWEC Energy GroupYear: 2023Scope 1: 19,449,000 tCO2eRevenue: $M 8,893Scope 1 Intensity: 2,187.00 tCO2e/$MNeoenergiaYear: 2023Scope 1: 104,024 tCO2eRevenue: $M 9,142Scope 1 Intensity: 11.38 tCO2e/$M

How does Neoenergia's GHG emissions intensity compare to its peers?

In 2023, Neoenergia reported a Scope 1 emissions intensity of 11.38 tCO₂e per millions USD. Compared to the peer group median of 1,339.65 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Neoenergia rank on GHG emissions intensity within its industry?

In 2023, Neoenergia ranked 7 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

Neoenergia is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

Insights into Neoenergia's Total Carbon Footprint

In 2023, Neoenergia reported a total carbon footprint of 1,990,451 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 11.29% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to Neoenergia's total carbon footprint was Scope 3 emissions, accounting for 84.3% of the company's total carbon footprint, followed by Scope 2 emissions at 10.47%. a

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