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.
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
Drax's score of 77 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Drax's reported carbon emissions
In 2024, Drax Group plc reported total carbon emissions of approximately 2,660,000,000 kg CO2e, comprising 266,000,000 kg CO2e from Scope 1, 367,000,000 kg CO2e from Scope 2 (market-based), and a significant 2,867,000,000 kg CO2e from Scope 3 emissions. This represents a slight increase in Scope 1 emissions from 2023, where they were about 255,000,000 kg CO2e, while Scope 2 emissions decreased from 273,000,000 kg CO2e in the previous year. The Scope 3 emissions also saw a reduction from 3,534,000,000 kg CO2e in 2023. Drax has set ambitious climate commitments, aiming for net zero across all scopes of emissions by 2030. This includes a target to achieve a 75.7% reduction in Scope 1 and 2 emissions from electricity generation per MWh by 2030, using a 2020 baseline. Additionally, Drax aims to reduce absolute Scope 1 and 2 emissions from all other sources by 42% by 2030. The company is also developing options for Bioenergy with Carbon Capture and Storage (BECCS) to target 8 million tonnes of negative emissions annually by 2030. Drax's climate strategy is aligned with the Science Based Targets initiative (SBTi), which confirms their commitment to significant reductions in greenhouse gas emissions. The company is on track to meet its near-term targets, with a focus on reducing Scope 2 emissions to near zero by 2025. Overall, Drax's initiatives reflect a strong commitment to sustainability and reducing its carbon footprint in the energy sector.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 2,049,000,000 | 0,000,000,000 | 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 | 000,000,000 |
| Scope 3 | - | 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.
Drax is participating in some 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.
