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.
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
Edp Renovaveis's score of 42 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Edp Renovaveis's reported carbon emissions
In 2023, EDP Renováveis reported total carbon emissions of approximately 8,063,000,000 kg CO2e, comprising 372,000,000 kg CO2e from Scope 1, 222,000,000 kg CO2e from Scope 2, and 8,063,000,000 kg CO2e from Scope 3 emissions. This reflects their ongoing commitment to transparency in emissions reporting across all scopes. The company has set ambitious climate commitments, including a long-term target to achieve net-zero emissions by 2050, as part of their Science Based Targets initiative (SBTi) commitment. This goal encompasses all scopes of emissions, demonstrating EDP Renováveis' dedication to addressing climate change comprehensively. In 2022, their total emissions were approximately 2,768,702,000 kg CO2e, with significant contributions from Scope 1 (2,223,000,000 kg CO2e), Scope 2 (223,000,000 kg CO2e), and Scope 3 (9,279,000,000 kg CO2e). The company has shown a proactive approach in managing its carbon footprint, with a focus on reducing emissions intensity in electricity generation. EDP Renováveis continues to align its operations with industry standards for sustainability, reflecting its commitment to a greener future while maintaining transparency in its emissions data.
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| 2022 | 2023 | |
|---|---|---|
| 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
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.
Edp Renovaveis 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.
