Edp

In 2024, EDP (Energias de Portugal) reported total greenhouse gas emissions of approximately 19,493,230,000 kg CO2e, with Scope 1 emissions at about 958,000 kg CO2e, Scope 2 emissions at 0 kg CO2e, and Scope 3 emissions at approximately 9,594,690,000 kg CO2e. In 2023, the company’s total emissions were around 2,068,800,000 kg CO2e, with Scope 1 emissions of about 3,494,000,000 kg CO2e, Scope 2 emissions of approximately 5,000,000 kg CO2e, and Scope 3 emissions of about 1,275,300,000 kg CO2e. EDP has set ambitious climate commitments, aiming to achieve net-zero greenhouse gas emissions across its value chain by 2040, with a baseline year of 2020. Near-term targets include reducing Scope 1 and 2 emissions by 95% per MWh generated by 2030, and reducing Scope 1 and 3 emissions from sold electricity by 80% per MWh by the same year. Additionally, EDP aims to cut absolute Scope 3 emissions from the use of sold products by 45% by 2030. The company has also established specific reduction targets for its Scope 1 emissions, aiming for a 65% reduction from a 2021 baseline by 2030, and a near-zero target for both Scope 1 and Scope 2 emissions by 2025. Furthermore, EDP is committed to reducing its overall carbon footprint by 90% for Scopes 1 and 2 by 2030. EDP's climate strategy is aligned with the Science Based Targets initiative (SBTi), which has validated its targets as consistent with the reductions required to limit global warming to 1.5°C. The organization is actively working towards these goals, demonstrating a strong commitment to sustainability and climate action.