REN Redes Energeticas Nacionais SGPS SA
REN's GHG Emissions Data Preview
In 2023, REN 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).
REN 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) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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aVerified Sources Behind REN’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 REN’s data sources below and access millions more through our Disclosure Search.
Insights into REN's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of REN amounted to 141,916 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 2022, the total operational greenhouse gas (GHG) emissions of REN decreased by 14.24%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a
REN's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are REN's Scope 1 emissions?
In 2023, the total Scope 1 emissions of REN were 29,437 metric tons of CO₂ equivalent (tCO₂e). a
Has REN reduced its Scope 1 emissions over time?
Since 2021, REN's Scope 1 emissions have decreased by 13.96%, reflecting a declining long-term trend in Scope 1 emissions over time. a
Compared to the previous year (2022), REN's Scope 1 emissions decreased by 8.31%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a
What are REN's Scope 2 emissions?
In 2023, REN reported Scope 2 greenhouse gas (GHG) emissions of 112,479 tCO₂e without specifying the calculation method. a
Has REN reduced its Scope 2 emissions over time?
Since 2021, REN's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have decreased by 11.16%, reflecting a declining long-term trend in Scope 2 emissions over time. a
Compared to the previous year (2022), REN's Scope 2 emissions (Unspecified Calculation Method) fell by 15.66% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a
What methodology does REN use for Scope 2 reporting?
In 2023, REN reported its Scope 2 emissions using an unspecified methodology. a
REN's Scope 2 Emissions Over Time
- Total Scope 2 (Unspecified Calculation Method)
Insights into REN's Value Chain Emissions
In 2023, REN reported 72,273 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 REN includes a breakdown across 8 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
REN's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are REN's Scope 3 emissions?
In 2023, REN reported total Scope 3 emissions of 72,273 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 89.82% of these emissions originated from upstream activities such as purchased goods and capital goods, while 10.18% came from downstream activities like product use, distribution, and end-of-life treatment. a
Has REN reduced its Scope 3 emissions over time?
Since 2021, REN's Scope 3 emissions have decreased by 21.19%, reflecting a declining long-term trend in Scope 3 emissions over time. a
Compared to the previous year (2022), REN's Scope 3 emissions decreased by 14.31%, highlighting the company's efforts to lower indirect emissions from its value chain. a
What categories of Scope 3 emissions does REN disclose?
In 2023, REN 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 REN's Scope 3 emissions?
In 2023, the largest contributors to REN's Scope 3 emissions were: a
- Capital Goods (Cat. 2): 46,143 tCO₂e (63.85%)
- Purchased Goods and Services (Cat. 1): 8,818 tCO₂e (12.2%)
- Fuel- and Energy-Related Services (Cat. 3): 7,539 tCO₂e (10.43%)
REN's Scope 3 Emissions by Categories
Insights into REN’s GHG Emissions Intensity Compared to Industry Peers
In 2023, REN reported Scope 1 greenhouse gas (GHG) emissions of 29,437 tCO₂e and total revenues of USD 1,049 millions. This translates into an emissions intensity of 28.06 tCO₂e per millions USD. a
REN's Scope 1 Emissions Intensity Compared to Peers
How does REN's GHG emissions intensity compare to its peers?
In 2023, REN reported a Scope 1 emissions intensity of 28.06 tCO₂e per millions USD. Compared to the peer group median of 427.92 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a
Where does REN rank on GHG emissions intensity within its industry?
In 2023, REN ranked 3 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
This places REN among the top performers, with one of the lowest emissions intensities relative to peers. a
Insights into REN's Total Carbon Footprint
In 2023, REN reported a total carbon footprint of 214,189 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 14.26% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output. a
The largest contributor to REN's total carbon footprint was Scope 2 emissions, accounting for 52.51% of the company's total carbon footprint, followed by Scope 3 emissions at 33.74%. a