In 2023, Power Corporation of Canada 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).
Power Corporation of Canada has also provided a category-level breakdown for 5 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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In 2023, the total operational greenhouse gas (GHG) emissions of Power Corporation of Canada amounted to 24,376 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 Power Corporation of Canada decreased by 10.57%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a
In 2023, the total Scope 1 emissions of Power Corporation of Canada were 10,379 metric tons of CO₂ equivalent (tCO₂e). a
Since 2019, Power Corporation of Canada's Scope 1 emissions have decreased by 44.09%, reflecting a declining long-term trend in Scope 1 emissions over time. a b
Compared to the previous year (2022), Power Corporation of Canada's Scope 1 emissions decreased by 14.5%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a
In 2023, Power Corporation of Canada reported Scope 2 greenhouse gas (GHG) emissions of 11,036 tCO₂e using the market-based method and 13,997 tCO₂e using the location-based method. a
Since 2019, Power Corporation of Canada's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have decreased by 40.56%, reflecting a declining long-term trend in Scope 2 emissions over time. a b
Compared to the previous year (2022), Power Corporation of Canada's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Power Corporation of Canada 's emissions have plateaued with no significant change in its energy consumption footprint. a
In 2023, Power Corporation of Canada reported its Scope 2 emissions using the market-based method and using the location-based method. a
In 2023, Power Corporation of Canada reported 70,043 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 Power Corporation of Canada includes a breakdown across 5 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
In 2023, Power Corporation of Canada reported total Scope 3 emissions of 70,043 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 24.91% of these emissions originated from upstream activities such as purchased goods and capital goods, while 75.09% came from downstream activities like product use, distribution, and end-of-life treatment. a
Since 2019, Power Corporation of Canada's Scope 3 emissions have decreased by 22.33%, reflecting a declining long-term trend in Scope 3 emissions over time. a b
Compared to the previous year (2022), Power Corporation of Canada's Scope 3 emissions remained relatively stable, indicating that Power Corporation of Canada 's emissions have plateaued with no significant change in its value chain footprint. a
In 2023, Power Corporation of Canada reported emissions for 5 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.
In 2023, the largest contributors to Power Corporation of Canada's Scope 3 emissions were: a
In 2023, Power Corporation of Canada reported Scope 1 greenhouse gas (GHG) emissions of 10,379 tCO₂e and total revenues of USD 29,799 millions. This translates into an emissions intensity of 0.35 tCO₂e per millions USD. a
In 2023, Power Corporation of Canada reported a Scope 1 emissions intensity of 0.35 tCO₂e per millions USD. Compared to the peer group median of 0.28 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a
In 2023, Power Corporation of Canada ranked 16 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
Power Corporation of Canada is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a
In 2023, Power Corporation of Canada reported a total carbon footprint of 94,419 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 0.12% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output. a
The largest contributor to Power Corporation of Canada's total carbon footprint was Scope 3 emissions, accounting for 74.18% of the company's total carbon footprint, followed by Scope 2 emissions at 14.82%. a