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)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 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).

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.

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 COâ‚‚ equivalent (tCOâ‚‚e).

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.

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.

What are Neoenergia's Scope 2 emissions?

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

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.

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.

What methodology does Neoenergia use for Scope 2 reporting?

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

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 COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

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.

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 COâ‚‚ equivalent (tCOâ‚‚e).

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.

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.

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.

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.

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:

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

Neoenergia's Scope 3 Emissions by Categories

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

Insights into Neoenergia's Total Carbon Footprint

In 2023, Neoenergia reported a total carbon footprint of 1,990,451 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) 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.

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%.

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