Redeia Corporacion SA

Common Name
Redeia Corporacion
Country
Spain
Sector
Utilities
Industry
Utilities - Regulated Electric
Employees
2,030
Ticker
RED
Exchange
BOLSA DE MADRID
Description
Redeia Corporation S.A., a prominent entity in the field of utility infrastructure, specializes in the transmission of electricity and the operation of electricity grids. As Spain's primary electricit...

Redeia Corporacion's Climate Target Data Preview

As of 2024, Redeia Corporacion has disclosed 11 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 11 absolute reduction targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Redeia Corporacion ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a, b
2025
Absolute-based Target
Scope 1 - Process
Metric Tonnes of CO2 equivalent (mtCO2e)
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b
2025
Absolute-based Target
Scope 1 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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b
2025
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a, b
2030
Absolute-based Target
Scope 1 - Process
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
Absolute-based Target*
Scope 2 - Electricity
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
Absolute-based Target
Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
Absolute-based Target
Scope 1 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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b
2030
Absolute-based Target
Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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b
2030
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a, b
2050
Absolute-based Target
Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2050
*. This target is limited in scope and does not represent the company's full operational or organizational boundaries
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Verified Sources Behind Redeia Corporacion’s Climate Targets 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 Redeia Corporacion’s data sources below and access millions more through our Disclosure Search.

a. Redeia Corporacion's Sustainability Report 2024
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b. Redeia Corporacion's Financial Report 2024
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Insights into Redeia Corporacion's Greenhouse Gas Emissions Pathways

As of 2024, Redeia Corporacion has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint. a b

Does Redeia Corporacion have a target to reduce the emissions from its operations?

As of 2024, Redeia Corporacion has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a b

Redeia Corporacion's most ambitious operational target is to reduce these emissions by 90% by 2050, compared to a baseline of 818,845 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019. a b

As of 2024, Redeia Corporacion is ahead of schedule on its operational emissions reduction target, having achieved 37.96% of the planned reduction. a b

Redeia Corporacion's Operational (Scope 1+2) Emissions Pathway

201920242025203020500250 k500 k750 k1 MBaselineCurrent (-34%)Target 2030 (-55%)Target 2050 (-90%)

Does Redeia Corporacion have a target to reduce the emissions from its value chain?

As of 2024, Redeia Corporacion has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol. a

Redeia Corporacion's most ambitious value chain target is to reduce these emissions by 90% by 2050, compared to a baseline of 617,456 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019. a

Instead of reducing value chain emissions, Redeia Corporacion has increased them, with 2024 levels exceeding those of the 2019 baseline, placing the company well behind its reduction target. a

Redeia Corporacion's Value Chain (Scope 3) Emissions Pathway

20192024203020500200 k400 k600 k800 kBaselineCurrent (+24%)Target 2030 (-28%)Target 2050 (-90%)
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