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 GHG Emissions Data Preview

In 2024, Redeia Corporacion 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).

Redeia Corporacion has also provided a category-level breakdown for 8 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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0000000
Total Scope 2
Market-Based
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0000000
Location-Based
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0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Redeia Corporacion’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 Redeia Corporacion’s data sources below and access millions more through our Disclosure Search.

a. Redeia Corporacion's Sustainability Report 2024
a. Redeia Corporacion's Sustainability Report 2024

Insights into Redeia Corporacion's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Redeia Corporacion amounted to 564,916 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 Redeia Corporacion decreased by 9.45%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Redeia Corporacion's Scope 1 Emissions Over Time

20192020202120222023202407.5 k15 k22.5 k30 ktCO2e+1%-5%-15%+40%-12%
  • Total Scope 1
  • Year-over-Year Change

What are Redeia Corporacion's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Redeia Corporacion were 25,992 metric tons of CO₂ equivalent (tCO₂e). a

Has Redeia Corporacion reduced its Scope 1 emissions over time?

Since 2019, Redeia Corporacion's Scope 1 emissions have remained relatively, stable, indicating that Redeia Corporacion's emissions have plateaued with no significant change in its operational footprint. a

Compared to the previous year (2023), Redeia Corporacion's Scope 1 emissions decreased by 12.1%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Redeia Corporacion's Scope 2 emissions?

In 2024, Redeia Corporacion reported Scope 2 greenhouse gas (GHG) emissions of 513,116 tCO₂e using the market-based method and 538,924 tCO₂e using the location-based method. a

Has Redeia Corporacion reduced its Scope 2 emissions over time?

Compared to the previous year (2023), Redeia Corporacion's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Redeia Corporacion 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Redeia Corporacion use for Scope 2 reporting?

In 2024, Redeia Corporacion reported its Scope 2 emissions using the market-based method and using the location-based method. a

Redeia Corporacion's Scope 2 Emissions Over Time

2019202020212022202320240200 k400 k600 k800 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Redeia Corporacion's Value Chain Emissions

In 2024, Redeia Corporacion reported 763,304.5 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 Redeia Corporacion includes a breakdown across 8 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Redeia Corporacion's Scope 3 Emissions Over Time

2019202020212022202320240200 k400 k600 k800 ktCO2e-38%+31%-6%+54%+6%
  • Total Scope 3
  • Year-over-Year Change

What are Redeia Corporacion's Scope 3 emissions?

In 2024, Redeia Corporacion reported total Scope 3 emissions of 763,304.5 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 84.85% of these emissions originated from upstream activities such as purchased goods and capital goods, while 15.15% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has Redeia Corporacion reduced its Scope 3 emissions over time?

Since 2019, Redeia Corporacion's Scope 3 emissions have increased by 23.62%, reflecting a rising long-term trend in Scope 3 emissions over time. a

Compared to the previous year (2023), Redeia Corporacion's Scope 3 emissions remained relatively stable, indicating that Redeia Corporacion 's emissions have plateaued with no significant change in its value chain footprint. a

What categories of Scope 3 emissions does Redeia Corporacion disclose?

In 2024, Redeia Corporacion reported emissions for 8 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 Redeia Corporacion's Scope 3 emissions?

In 2024, the largest contributors to Redeia Corporacion's Scope 3 emissions were: a

  • Purchased Goods and Services (Cat. 1): 479,909 tCO₂e (62.98%)
  • Capital Goods (Cat. 2): 150,911 tCO₂e (19.8%)
  • Investments (Cat. 15): 115,416 tCO₂e (15.15%)

Redeia Corporacion's Scope 3 Emissions by Categories

Investments(Cat. 15)(15.1%)Capital Goods(Cat. 2)(19.8%)Purchased Goods andServices (Cat. 1)(63.0%)

Insights into Redeia Corporacion’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Redeia Corporacion reported Scope 1 greenhouse gas (GHG) emissions of 25,992 tCO₂e and total revenues of USD 1,659 millions. This translates into an emissions intensity of 15.67 tCO₂e per millions USD. a

Redeia Corporacion's Scope 1 Emissions Intensity Compared to Peers

2,00050,000500,00010,000,000200,000,000Scope 1 Emissions (tCO2e)5002,00010,00050,000200,000Revenues (Millions of USD)TBPinnacle West CapitalYear: 2023Scope 1: 10,628,383 tCO2eRevenue: $M 4,696Scope 1 Intensity: 2,263.29 tCO2e/$MCMS EnergyYear: 2023Scope 1: 16,083,829 tCO2eRevenue: $M 7,462Scope 1 Intensity: 2,155.43 tCO2e/$MAmerenYear: 2023Scope 1: 19,883,180 tCO2eRevenue: $M 7,500Scope 1 Intensity: 2,651.09 tCO2e/$MKorea Electric PowerYear: 2023Scope 1: 649,356 tCO2eRevenue: $M 68,456Scope 1 Intensity: 9.49 tCO2e/$MCLP HoldingsYear: 2023Scope 1: 38,163,000 tCO2eRevenue: $M 11,163Scope 1 Intensity: 3,418.80 tCO2e/$MTenaga NasionalYear: 2023Scope 1: 38,920,000 tCO2eRevenue: $M 11,549Scope 1 Intensity: 3,370.04 tCO2e/$MElia GroupYear: 2024Scope 1: 17,640 tCO2eRevenue: $M 3,920Scope 1 Intensity: 4.50 tCO2e/$MDTE EnergyYear: 2023Scope 1: 22,631,000 tCO2eRevenue: $M 12,745Scope 1 Intensity: 1,775.68 tCO2e/$MCopelYear: 2023Scope 1: 81,690 tCO2eRevenue: $M 4,429Scope 1 Intensity: 18.45 tCO2e/$MEnerjisa EnerjiYear: 2024Scope 1: 40,314 tCO2eRevenue: $M 5,389Scope 1 Intensity: 7.48 tCO2e/$MEdison InternationalYear: 2023Scope 1: 1,200,000 tCO2eRevenue: $M 16,338Scope 1 Intensity: 73.45 tCO2e/$MOGE EnergyYear: 2023Scope 1: 9,040,683 tCO2eRevenue: $M 2,674Scope 1 Intensity: 3,380.58 tCO2e/$MGlobal Power SynergyYear: 2024Scope 1: 11,655,192 tCO2eRevenue: $M 2,642Scope 1 Intensity: 4,410.69 tCO2e/$MCenterPoint EnergyYear: 2023Scope 1: 5,170,862 tCO2eRevenue: $M 8,696Scope 1 Intensity: 594.63 tCO2e/$MAlliant EnergyYear: 2023Scope 1: 13,631,273 tCO2eRevenue: $M 4,027Scope 1 Intensity: 3,384.97 tCO2e/$MTTTXNM EnergyYear: 2022Scope 1: 4,844,547 tCO2eRevenue: $M 2,250Scope 1 Intensity: 2,153.56 tCO2e/$MBBBeijing Jingneng Clean EnergyYear: 2023Scope 1: 9,012,400 tCO2eRevenue: $M 3,146Scope 1 Intensity: 2,864.31 tCO2e/$MEndesaYear: 2024Scope 1: 10,023,966 tCO2eRevenue: $M 21,777Scope 1 Intensity: 460.30 tCO2e/$MTernaYear: 2023Scope 1: 77,589 tCO2eRevenue: $M 3,484Scope 1 Intensity: 22.27 tCO2e/$MHawaiian Electric IndustriesYear: 2023Scope 1: 4,418,816 tCO2eRevenue: $M 3,682Scope 1 Intensity: 1,200.06 tCO2e/$MShikoku Electric PowerYear: 2022Scope 1: 8,090,000 tCO2eRevenue: $M 5,261Scope 1 Intensity: 1,537.74 tCO2e/$MEversource EnergyYear: 2023Scope 1: 158,122 tCO2eRevenue: $M 11,911Scope 1 Intensity: 13.28 tCO2e/$MPOWERGRIDYear: 2025Scope 1: 49,785 tCO2eRevenue: $M 5,360Scope 1 Intensity: 9.29 tCO2e/$MRedeia CorporacionYear: 2024Scope 1: 25,992 tCO2eRevenue: $M 1,659Scope 1 Intensity: 15.67 tCO2e/$M

How does Redeia Corporacion's GHG emissions intensity compare to its peers?

In 2024, Redeia Corporacion reported a Scope 1 emissions intensity of 15.67 tCO₂e per millions USD. Compared to the peer group median of 1,537.74 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Redeia Corporacion rank on GHG emissions intensity within its industry?

In 2024, Redeia Corporacion ranked 6 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

Redeia Corporacion is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

Insights into Redeia Corporacion's Total Carbon Footprint

In 2024, Redeia Corporacion reported a total carbon footprint of 1,328,220.5 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 1.13% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to Redeia Corporacion's total carbon footprint was Scope 3 emissions, accounting for 57.47% of the company's total carbon footprint, followed by Scope 2 emissions at 40.57%. a

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