North Atlantic Energies
North Atlantic Energies's GHG Emissions Data Preview
In 2024, North Atlantic Energies 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).
North Atlantic Energies has also provided a category-level breakdown for 2 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy/Paste is a PRO feature.  b | Copy/Paste is a PRO feature.  b | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature.  | 0000000 |
Location-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature. | 0000000 |
Unspecified Calculation Method | Copy/Paste is a PRO feature. | 0000000 | Copy/Paste is a PRO feature.  b | 0000000 |
Total Scope 3 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature. | 0000000 | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0000000 | Copy/Paste is a PRO feature.  b | Copy/Paste is a PRO feature.  b | 0000000 |
Verified Sources Behind North Atlantic Energies’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 North Atlantic Energies’s data sources below and access millions more through our Disclosure Search.
Insights into North Atlantic Energies's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of North Atlantic Energies amounted to 2,301,000 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 2023, the total operational greenhouse gas (GHG) emissions of North Atlantic Energies decreased by 9.12%, showing that the company has made progress in taking action to reduce the climate impact of its operations.ab
North Atlantic Energies's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are North Atlantic Energies's Scope 1 emissions?
In 2024, the total Scope 1 emissions of North Atlantic Energies were 2,254,000 metric tons of CO₂ equivalent (tCO₂e).a
Has North Atlantic Energies reduced its Scope 1 emissions over time?
Since 2021, North Atlantic Energies's Scope 1 emissions have decreased by 8.56%, reflecting a declining long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), North Atlantic Energies's Scope 1 emissions decreased by 9.26%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.ab
What are North Atlantic Energies's Scope 2 emissions?
In 2024, North Atlantic Energies reported Scope 2 greenhouse gas (GHG) emissions of 50,000 tCO₂e using the market-based method and 47,000 tCO₂e using the location-based method.a
What methodology does North Atlantic Energies use for Scope 2 reporting?
In 2024, North Atlantic Energies reported its Scope 2 emissions using the market-based method and using the location-based method.a
North Atlantic Energies's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
- Total Scope 2 (Unspecified Calculation Method)
Insights into North Atlantic Energies's Value Chain Emissions
In 2024, North Atlantic Energies reported 50,274,000 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 2024 disclosure of North Atlantic Energies includes a breakdown across 2 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
North Atlantic Energies's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are North Atlantic Energies's Scope 3 emissions?
In 2024, North Atlantic Energies reported total Scope 3 emissions of 50,274,000 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 10.5% of these emissions originated from upstream activities such as purchased goods and capital goods, while 89.5% came from downstream activities like product use, distribution, and end-of-life treatment.a
What categories of Scope 3 emissions does North Atlantic Energies disclose?
In 2024, North Atlantic Energies reported emissions for 2 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 North Atlantic Energies's Scope 3 emissions?
In 2024, the largest contributors to North Atlantic Energies's Scope 3 emissions were:a
- Use of Sold Products (Cat. 11): 44,994,000 tCO₂e (89.5%)
- Purchased Goods and Services (Cat. 1): 5,281,000 tCO₂e (10.5%)
North Atlantic Energies's Scope 3 Emissions by Categories
Insights into North Atlantic Energies’s GHG Emissions Intensity Compared to Industry Peers
In 2024, North Atlantic Energies reported Scope 1 greenhouse gas (GHG) emissions of 2,254,000 tCO₂e and total revenues of USD 18,673 millions. This translates into an emissions intensity of 120.71 tCO₂e per millions USD.a
North Atlantic Energies's Scope 1 Emissions Intensity Compared to Peers
How does North Atlantic Energies's GHG emissions intensity compare to its peers?
In 2024, North Atlantic Energies reported a Scope 1 emissions intensity of 120.71 tCO₂e per millions USD. Compared to the peer group median of 193.5, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
Where does North Atlantic Energies rank on GHG emissions intensity within its industry?
In 2024, North Atlantic Energies ranked 9 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
North Atlantic Energies is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
Insights into North Atlantic Energies's Total Carbon Footprint
In 2024, North Atlantic Energies reported a total carbon footprint of 52,575,000 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 1,976.42% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.ab
The largest contributor to North Atlantic Energies's total carbon footprint was Scope 3 emissions, accounting for 95.62% of the company's total carbon footprint, followed by Scope 1 emissions at 4.29%.a