Neoenergia
Neoenergia, officially known as Neoenergia S.A., is a prominent player in the Brazilian energy sector, headquartered in Brazil. Founded in 1997, the company has established itself as a leader in the generation, distribution, and commercialisation of electricity, primarily operating in key regions such as São Paulo, Bahia, and Pernambuco. With a strong commitment to sustainability, Neoenergia focuses on renewable energy sources, including wind and solar power, setting it apart in a competitive market. The company has achieved significant milestones, including the expansion of its renewable energy portfolio, which underscores its dedication to innovation and environmental responsibility. Recognised for its robust market position, Neoenergia has received accolades for its efforts in promoting energy efficiency and social responsibility, making it a trusted name in the Brazilian energy landscape.
DitchCarbon Score
How does Neoenergia'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 Electrical Machinery Manufacturing 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
Neoenergia's score of 58 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Neoenergia's reported carbon emissions
In 2022, Neoenergia reported total carbon emissions of approximately 5,000,490 kg CO2e. This includes Scope 1 emissions of about 2,710,470 kg CO2e, primarily from mobile combustion (633,320 kg CO2e) and fugitive emissions (1,903,470 kg CO2e). Scope 2 emissions were reported at approximately 24,710 kg CO2e, while Scope 3 emissions totalled around 2,943,310 kg CO2e, with significant contributions from upstream transportation and distribution (2,212,240 kg CO2e) and business travel (471,260 kg CO2e). Neoenergia has committed to achieving net-zero emissions by 2050, encompassing all scopes of emissions. This long-term target aligns with the Science Based Targets initiative (SBTi), reflecting the company's dedication to sustainable practices within the electric utilities sector. The company is actively working towards these goals, having established a framework for emissions reduction that includes both immediate and long-term strategies.
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| 2022 | |
|---|---|
| Scope 1 | 2,710,470 |
| Scope 2 | 24,710 |
| Scope 3 | 2,943,310 |
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.
Neoenergia 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.
