Public Profile

Edp Renovaveis

EDP Renewables, commonly referred to as EDPR, is a leading global player in the renewable energy sector, headquartered in Spain (ES). Founded in 2007, the company has rapidly expanded its operations across Europe, North America, and South America, establishing a strong presence in key markets. Specialising in the development, construction, and management of wind and solar energy projects, EDPR is committed to sustainability and innovation. Its unique approach combines advanced technology with a focus on environmental stewardship, positioning the company as a pioneer in the transition to clean energy. With a robust portfolio of renewable assets and a commitment to achieving carbon neutrality, EDPR has garnered recognition for its significant contributions to the industry, making it a prominent force in the global renewable energy landscape.

DitchCarbon Score

How does Edp Renovaveis'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.

37

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.

13

Industry Benchmark

Edp Renovaveis's score of 37 is higher than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.

94%

Edp Renovaveis's reported carbon emissions

In 2023, EDP Renováveis reported total carbon emissions of approximately 8,063,000,000 kg CO2e. This figure includes Scope 1 emissions of about 372,000,000 kg CO2e, Scope 2 emissions of approximately 222,000,000 kg CO2e, and significant Scope 3 emissions of around 8,063,000,000 kg CO2e, which encompass indirect emissions from business travel and employee commuting. In 2022, the company recorded total emissions of about 2,768,702,000 kg CO2e, with Scope 1 emissions at approximately 2,223,000,000 kg CO2e, Scope 2 emissions around 223,000,000 kg CO2e, and Scope 3 emissions reaching about 9,279,000,000 kg CO2e. EDP Renováveis has not disclosed specific reduction targets or initiatives as part of their climate commitments. However, the company continues to focus on improving its emissions intensity, with a reported Scope 1 and 2 emissions intensity of 0.084 kg CO2e per kWh in 2023. The absence of formal reduction targets suggests a need for further commitment to climate action within the renewable energy sector.

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Add to project
20222023
Scope 1
2,223,000,000
000,000,000
Scope 2
223,000,000
000,000,000
Scope 3
9,279,000,000
0,000,000,000

Industry emissions intensity

Very low
Low
Medium
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Very high
Some industries are more carbon intensive than others. Edp Renovaveis's primary industry is Electrical machinery and apparatus n.e.c. (31), which is low 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. Edp Renovaveis is headquartered in ES, 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.

Edp Renovaveis is not committed to any 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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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers