In 2024, Southern 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).
Southern has also provided a category-level breakdown for 10 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 79,253,082a | 79,264,124a | 84,875,100a | |
Total Scope 2 | ||||
Market-Based | 258,457a | 280,610a | 216,450a | |
Location-Based | 265,063a | 306,474a | 236,359a | |
Total Scope 3 | 34,242,865a | 35,818,986a | 38,517,801a | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 2,965.6145a | 3,138.8003a | 2,898.8388a |
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In 2024, the total operational greenhouse gas (GHG) emissions of Southern amounted to 79,518,145 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 Southern decreased by 0.07%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2024, the total Scope 1 emissions of Southern were 79,253,082 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, Southern's Scope 1 emissions have decreased by 10.14%, reflecting a declining long-term trend in Scope 1 emissions over time.ac
Compared to the previous year (2023), Southern's Scope 1 emissions remained relatively stable, indicating that Southern's emissions have plateaued with no significant change in its operational footprint.a
In 2024, Southern reported Scope 2 greenhouse gas (GHG) emissions of 258,457 tCO₂e using the market-based method and 265,063 tCO₂e using the location-based method.a
Since 2019, Southern's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have increased by 27.97%, reflecting a rising long-term trend in Scope 2 emissions over time.ab
Compared to the previous year (2023), Southern's Scope 2 emissions (Location-Based) fell by 13.51% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a
In 2024, Southern reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, Southern reported 34,242,865 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 Southern includes a breakdown across 10 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
In 2024, Southern reported total Scope 3 emissions of 34,242,865 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 49.77% of these emissions originated from upstream activities such as purchased goods and capital goods, while 50.23% came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2019, Southern's Scope 3 emissions have decreased by 11.75%, reflecting a declining long-term trend in Scope 3 emissions over time.ac
Compared to the previous year (2023), Southern's Scope 3 emissions remained relatively stable, indicating that Southern's emissions have plateaued with no significant change in its value chain footprint.a
In 2024, Southern reported emissions for 10 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This reflects a high level of granularity and transparency in the company's emissions reporting.
In 2024, the largest contributors to Southern's Scope 3 emissions were:a
In 2024, Southern reported Scope 1 greenhouse gas (GHG) emissions of 79,253,082 tCO₂e and total revenues of USD 26,724 millions. This translates into an emissions intensity of 2,965.61 tCO₂e per millions USD.a
In 2024, Southern reported a Scope 1 emissions intensity of 2,965.61 tCO₂e per millions USD. Compared to the peer group median of 2,203.61, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, Southern ranked 21 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Southern among the least efficient performers, with one of the highest emissions intensities in its sector.a
In 2024, Southern reported a total carbon footprint of 113,761,010 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 1.41% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Southern's total carbon footprint was Scope 1 emissions, accounting for 69.67% of the company's total carbon footprint, followed by Scope 3 emissions at 30.1%.a