Public Profile

Drax

Drax Group plc, commonly referred to as Drax, is a leading energy company headquartered in Great Britain. Founded in 2005, Drax has established itself as a key player in the renewable energy sector, primarily focusing on biomass and hydroelectric power generation. The company operates major facilities in the UK, including its flagship Drax Power Station in North Yorkshire, which is one of the largest power stations in Europe. Drax is renowned for its commitment to sustainability, transforming from a coal-based energy provider to a predominantly biomass-fuelled operation. This transition has positioned Drax as a pioneer in the energy industry, contributing significantly to the UK’s decarbonisation efforts. With a strong market presence, Drax continues to innovate in energy solutions, aiming to deliver reliable and renewable power while reducing carbon emissions.

DitchCarbon Score

How does Drax'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.

49

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.

20

Industry Benchmark

Drax's score of 49 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.

93%

Drax's reported carbon emissions

In 2023, Drax Group plc reported total carbon emissions of approximately 4,860,000 kg CO2e, with emissions distributed across various scopes: 255,000,000 kg CO2e for Scope 1, 273,000,000 kg CO2e for Scope 2, and 3,534,000,000 kg CO2e for Scope 3. This reflects a commitment to reducing greenhouse gas emissions significantly. Drax has set ambitious targets to reduce its carbon footprint by 2030. The company aims to achieve a 75.7% reduction in Scope 1 and 2 emissions from electricity generation per megawatt-hour (MWh) based on a 2020 baseline. Additionally, Drax plans to reduce Scope 1, 2, and 3 emissions from all sold electricity by the same percentage. Furthermore, absolute emissions from all other sources are targeted for a 42% reduction for both Scope 1 and 2, as well as Scope 3 emissions, also from a 2020 baseline. These commitments align with the Science Based Targets initiative (SBTi) and are designed to support global efforts to limit temperature rise to 1.5°C. Drax's strategy includes biogenic emissions and removals from bioenergy feedstocks, highlighting its focus on sustainable energy practices.

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20192020202120222023
Scope 1
2,049,000,000
0,000,000,000
000,000,000
000,000,000
000,000,000
Scope 2
322,000,000
000,000,000
000,000,000
000,000,000
000,000,000
Scope 3
-
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Drax's primary industry is Electricity nec, which is medium in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Drax is headquartered in GB, which has a rank of low, indicating low grid carbon 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.

Drax is committed to some reduction initiatives 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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