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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 2024, 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 4 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
Unspecified Calculation Method
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a
0000000
Total Scope 3
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0000000
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 2024
a. Neoenergia's Sustainability Report 2024
b. Neoenergia's Sustainability Report 2023
b. Neoenergia's Sustainability Report 2023

Insights into Neoenergia's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofNeoenergia amounted to524,182metric 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 Neoenergiaincreased by 67.78%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

Neoenergia's Scope 1 Emissions Over Time

20212022202320240250 k500 k750 k1 MtCO2e-91%+23%+4%
  • Total Scope 1
  • Year-over-Year Change

What are Neoenergia's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Neoenergia were 108,284 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Neoenergia reduced its Scope 1 emissions over time?

Since 2021, Neoenergia's Scope 1 emissions have decreased by 89.02%, reflecting a declining long-term trend in Scope 1 emissions over time.ab

Compared to the previous year(2023), Neoenergia's Scope 1 emissions increased by 4.09%, 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 2024, Neoenergia reported Scope 2 greenhouse gas (GHG) emissions of 415,898 tCOâ‚‚e 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 35.19%, reflecting a declining long-term trend in Scope 2 emissions over time.ab

Compared to the previous year(2023), Neoenergia's Scope 2 emissions(Unspecified Calculation Method) rose by 99.57% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya

What methodology does Neoenergia use for Scope 2 reporting?

In 2024, Neoenergia reported its Scope 2 emissions using an unspecified methodology.a

Neoenergia's Scope 2 Emissions Over Time

20212022202320240200 k400 k600 k800 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Neoenergia's Value Chain Emissions

In 2024, Neoenergia reported 2,023,488 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 Neoenergia includes a breakdown across 4of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

Neoenergia's Scope 3 Emissions Over Time

20212022202320240600 k1.2 M1.8 M2.4 MtCO2e-42%+22%+21%
  • Total Scope 3
  • Year-over-Year Change

What are Neoenergia's Scope 3 emissions?

In 2024, Neoenergia reported total Scope 3 emissions of 2,023,488 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 28.82%of these emissions originated from upstream activities such as purchased goods and capital goods, while 71.18%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 emissionshave decreased by 14.98%, reflecting a declining long-term trend in Scope 3 emissions over time.ab

Compared to the previous year (2023), Neoenergia's Scope 3 emissions increased by 20.59%, suggesting that the company faced challenges in reducing emissions across its value chain.a

What categories of Scope 3 emissions does Neoenergia disclose?

In 2024, Neoenergia reported emissions for 4 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 2024, the largest contributors to Neoenergia's Scope 3 emissions were:a

  • Use of Sold Products (Cat. 11): 937,802 tCOâ‚‚e(71.18%)
  • Fuel- and Energy-Related Services (Cat. 3): 361,057 tCOâ‚‚e(27.4%)
  • Employee Commuting (Cat. 7): 11,018 tCOâ‚‚e(0.84%)

Neoenergia's Scope 3 Emissions by Categories

Fuel- andEnergy-RelatedServices (Cat. 3)(27.4%)Use of Sold Products(Cat. 11)(71.2%)

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

In 2024, Neoenergia reported Scope 1 greenhouse gas (GHG) emissions of 108,284 tCOâ‚‚e and total revenues of USD 7,226 millions. This translates into an emissions intensity of 14.99 tCOâ‚‚e per millions USD.a

Neoenergia's Scope 1 Emissions Intensity Compared to Peers

50020,000500,00010,000,000500,000,000Scope 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: 2024Scope 1: 6,412,964 tCO2eRevenue: $M 3,440Scope 1 Intensity: 1,864.23 tCO2e/$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: 2024Scope 1: 524,181 tCO2eRevenue: $M 5,353Scope 1 Intensity: 97.92 tCO2e/$MPinnacle West CapitalYear: 2024Scope 1: 10,975,406 tCO2eRevenue: $M 5,125Scope 1 Intensity: 2,141.58 tCO2e/$MCMS EnergyYear: 2024Scope 1: 18,450,920 tCO2eRevenue: $M 7,515Scope 1 Intensity: 2,455.21 tCO2e/$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: 2024Scope 1: 17,318 tCO2eRevenue: $M 3,666Scope 1 Intensity: 4.72 tCO2e/$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: 2024Scope 1: 8,069,000 tCO2eRevenue: $M 8,000Scope 1 Intensity: 1,008.62 tCO2e/$MSSShenzhen Energy GroupYear: 2024Scope 1: 25,570,000 tCO2eRevenue: $M 5,647Scope 1 Intensity: 4,527.93 tCO2e/$MAlliant EnergyYear: 2024Scope 1: 13,121,958 tCO2eRevenue: $M 3,981Scope 1 Intensity: 3,296.15 tCO2e/$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: 2024Scope 1: 59,131,335 tCO2eRevenue: $M 5,061Scope 1 Intensity: 11,684.72 tCO2e/$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: $M 8,066Scope 1 Intensity: 6,183.16 tCO2e/$MEversource EnergyYear: 2024Scope 1: 153,699 tCO2eRevenue: $M 11,901Scope 1 Intensity: 12.92 tCO2e/$MPOWERGRIDYear: 2025Scope 1: 49,785 tCO2eRevenue: $M 5,360Scope 1 Intensity: 9.29 tCO2e/$MNeoenergiaYear: 2024Scope 1: 108,284 tCO2eRevenue: $M 7,226Scope 1 Intensity: 14.99 tCO2e/$M

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

In 2024, Neoenergia reported a Scope 1 emissions intensity of 14.99 tCOâ‚‚e per millions USD. Compared to the peer group median of 801.62, 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 2024, Neoenergia ranked 10 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e 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 2024, Neoenergia reported a total carbon footprint of 2,547,670 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 27.99% increase compared to 2023, 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 79.43% of the company's total carbon footprint, followed by Scope 2 emissions at 16.32%.a

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