Algonquin Power And Utilities
Algonquin Power & Utilities Corp., commonly referred to as Algonquin, is a leading player in the renewable energy and utility sectors, headquartered in Canada. Founded in 1988, the company has established a strong presence across North America, focusing on sustainable energy solutions and utility services. Algonquin operates primarily in the renewable energy sector, providing clean power through wind, solar, and hydroelectric projects, alongside regulated utility services that ensure reliable water and electricity supply. The company is recognised for its commitment to sustainability and innovation, positioning itself as a key contributor to the transition towards a greener economy. With a robust portfolio and a dedication to environmental stewardship, Algonquin Power & Utilities has achieved significant milestones, including substantial growth in renewable energy capacity, solidifying its market position as a trusted provider in the industry.
DitchCarbon Score
How does Algonquin Power And Utilities's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Electricity from Other Sources industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Algonquin Power And Utilities's score of 39 is higher than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Algonquin Power And Utilities's reported carbon emissions
In 2023, Algonquin Power and Utilities reported total carbon emissions of approximately 63,072,000 kg CO2e globally. This figure includes 11,000,000 kg CO2e from Scope 1 emissions, which encompass direct emissions from owned or controlled sources, and 51,971,000 kg CO2e from Scope 2 emissions, related to indirect emissions from the generation of purchased electricity. The company also reported significant Scope 3 emissions, totalling approximately 4,793,555,000 kg CO2e, which include emissions from investments, use of sold products, and other indirect sources. In 2022, the total emissions were slightly lower at about 63,097,000 kg CO2e, with Scope 1 emissions at 10,965,000 kg CO2e and Scope 2 emissions at 52,132,000 kg CO2e. The company has not set specific reduction targets or initiatives as part of its climate commitments, indicating a potential area for future focus. Algonquin Power and Utilities operates with a commitment to transparency in its emissions reporting, disclosing data across all three scopes (1, 2, and 3). The absence of defined reduction targets suggests that while the company is actively monitoring its emissions, it may benefit from establishing clear goals to enhance its climate strategy and align with industry standards for sustainability.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 273,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Algonquin Power And Utilities is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
