Northland Power Inc (Ontario)

Country
Canada
Sector
Utilities
Industry
Utilities - Renewable
Employees
N/A
Ticker
NPI
Exchange
TORONTO STOCK EXCHANGE
Description
Northland Power Inc. is a prominent player in the global energy sector, primarily focusing on developing, constructing, and operating power facilities that produce clean and green energy. Specializing...

Northland Power Inc (Ontario)'s GHG Emissions Data Preview

In 2023, Northland Power Inc (Ontario) 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).

Northland Power Inc (Ontario) has also provided a category-level breakdown for 7 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
Market-Based
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Location-Based
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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 Northland Power Inc (Ontario)’s Greenhouse Gas (GHG) Emissions Data

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a. Northland Power Inc (Ontario)'s Financial & Extra-Financial Data Spreadsheet 2023
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Insights into Northland Power Inc (Ontario)'s Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Northland Power Inc (Ontario) amounted to 1,362,040 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 Northland Power Inc (Ontario) increased by 3.76%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Northland Power Inc (Ontario)'s Scope 1 Emissions Over Time

201920202021202220230450 k900 k1.35 M1.8 MtCO2e-19%-14%+9%+4%
  • Total Scope 1
  • Year-over-Year Change

What are Northland Power Inc (Ontario)'s Scope 1 emissions?

In 2023, the total Scope 1 emissions of Northland Power Inc (Ontario) were 1,331,284 metric tons of CO₂ equivalent (tCO₂e). a

Has Northland Power Inc (Ontario) reduced its Scope 1 emissions over time?

Since 2019, Northland Power Inc (Ontario)'s Scope 1 emissions have decreased by 21.06%, reflecting a declining long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2022), Northland Power Inc (Ontario)'s Scope 1 emissions increased by 3.6%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are Northland Power Inc (Ontario)'s Scope 2 emissions?

In 2023, Northland Power Inc (Ontario) reported Scope 2 greenhouse gas (GHG) emissions of 29,383 tCO₂e using the market-based method and 30,756 tCO₂e using the location-based method. a

Has Northland Power Inc (Ontario) reduced its Scope 2 emissions over time?

Compared to the previous year (2022), Northland Power Inc (Ontario)'s Scope 2 emissions (Location-Based) rose by 11.4% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a

What methodology does Northland Power Inc (Ontario) use for Scope 2 reporting?

In 2023, Northland Power Inc (Ontario) reported its Scope 2 emissions using the market-based method and using the location-based method. a

Northland Power Inc (Ontario)'s Scope 2 Emissions Over Time

202020212022202308 k16 k24 k32 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Northland Power Inc (Ontario)'s Value Chain Emissions

In 2023, Northland Power Inc (Ontario) reported 612,188 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 Northland Power Inc (Ontario) includes a breakdown across 7 of the 15 Scope 3 categories defined by the GHG Protocol, up from 6 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain a

Northland Power Inc (Ontario)'s Scope 3 Emissions Over Time

201920202021202220230200 k400 k600 k800 ktCO2e+38580%-20%+3%+92%
  • Total Scope 3
  • Year-over-Year Change

What are Northland Power Inc (Ontario)'s Scope 3 emissions?

In 2023, Northland Power Inc (Ontario) reported total Scope 3 emissions of 612,188 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 72.45% of these emissions originated from upstream activities such as purchased goods and capital goods, while 27.55% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has Northland Power Inc (Ontario) reduced its Scope 3 emissions over time?

Since 2019, Northland Power Inc (Ontario)'s Scope 3 emissions have increased by 61,118.8%, reflecting a rising long-term trend in Scope 3 emissions over time. a

Compared to the previous year (2022), Northland Power Inc (Ontario)'s Scope 3 emissions increased by 91.67%, suggesting that the company faced challenges in reducing emissions across its value chain. a

What categories of Scope 3 emissions does Northland Power Inc (Ontario) disclose?

In 2023, Northland Power Inc (Ontario) reported emissions for 7 out of the 15 Scope 3 categories defined by the GHG Protocol. a

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Northland Power Inc (Ontario)'s Scope 3 emissions?

In 2023, the largest contributors to Northland Power Inc (Ontario)'s Scope 3 emissions were: a

  • Fuel- and Energy-Related Services (Cat. 3): 269,980 tCO₂e (44.1%)
  • Investments (Cat. 15): 168,630 tCO₂e (27.55%)
  • Capital Goods (Cat. 2): 123,248 tCO₂e (20.13%)

Northland Power Inc (Ontario)'s Scope 3 Emissions by Categories

Investments(Cat. 15)(27.5%)Fuel- andEnergy-RelatedServices (Cat. 3)(44.1%)Capital Goods(Cat. 2)(20.1%)

Insights into Northland Power Inc (Ontario)'s Total Carbon Footprint

In 2023, Northland Power Inc (Ontario) reported a total carbon footprint of 1,974,228 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 20.97% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to Northland Power Inc (Ontario)'s total carbon footprint was Scope 1 emissions, accounting for 67.43% of the company's total carbon footprint, followed by Scope 3 emissions at 31.01%. a

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