REN Redes Energeticas Nacionais SGPS SA

Common Name
REN
Country
Portugal
Sector
Utilities
Industry
Utilities - Diversified
Employees
759
Ticker
RENE
Exchange
EURONEXT
Website
www.ren.pt
Description
Redes Energéticas Nacionais SGPS, S.A. is a key player in the energy infrastructure sector, primarily operating in Portugal. The company focuses on the management, operation, and development of essent...

REN's Climate Target Data Preview

As of 2024, REN has disclosed 7 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 7 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 REN ’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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2030
Absolute-based Target
Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Capital Goods (Cat. 2), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Upstream Transportation and Distribution (Cat. 4), Scope 3 - Waste Generated in Operations (Cat. 5), Scope 3 - Business Travel (Cat. 6), Scope 3 - Employee Commuting (Cat. 7), Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target*
Scope 1 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target
Scope 3 - Use of Sold Products (Cat. 11)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target*
Scope 1 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target
Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target
Scope 1 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
* This target is limited in scope and does not represent the company's full operational or organizational boundaries

This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into REN's Greenhouse Gas Emissions Pathways

As of 2024, REN 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.

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

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

REN's most ambitious operational target is to reduce these emissions by 60% by 2030, compared to a baseline of 258,725 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019.

As of 2024, REN is ahead of schedule on its operational emissions reduction target, having achieved 94.42% of the planned reduction.

REN's Operational (Scope 1+2) Emissions Pathway

201920242030065 k130 k195 k260 kBaselineCurrent (-57%)

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

As of 2024, REN 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.

REN's most ambitious value chain target is to reduce these emissions by 42% by 2030, compared to a baseline of 13,026,147 Metric Tonnes of CO2 equivalent (mtCO2e) in 2021.

As of 2024, REN is ahead of schedule on its value chain emissions reduction target, having achieved 87.6% of the planned reduction.

REN's Value Chain (Scope 3) Emissions Pathway

20212024203003.5 M7 M10.5 M14 MBaselineCurrent (-37%)
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