Public Profile

Algonquin Power And Utilities

Algonquin Power & Utilities Corp., commonly referred to as Algonquin, is a leading North American renewable energy and utility company headquartered in Canada. Founded in 1988, Algonquin has established a strong presence in the renewable energy sector, focusing on wind, solar, and hydroelectric power generation, alongside regulated utility services in the United States and Canada. With a commitment to sustainability, Algonquin operates a diverse portfolio of assets that includes over 1,500 megawatts of renewable energy capacity. The company is recognised for its innovative approach to clean energy solutions, positioning itself as a key player in the transition to a low-carbon economy. Notable achievements include consistent growth in both operational capacity and market share, solidifying Algonquin's reputation as a trusted provider of environmentally responsible energy solutions.

DitchCarbon Score

How does Algonquin Power And Utilities'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.

40

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.

16

Industry Benchmark

Algonquin Power And Utilities's score of 40 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.

95%

Algonquin Power And Utilities's reported carbon emissions

In 2023, Algonquin Power and Utilities reported total carbon emissions of approximately 2,081,332,000 kg CO2e globally, with significant contributions from Scope 1 emissions at about 2,081,332,000 kg CO2e and Scope 2 emissions at approximately 88,737,000 kg CO2e. In Canada, the company’s emissions were about 4,085,000 kg CO2e, primarily from Scope 1 and 2 sources. In 2022, the company’s global emissions were approximately 2,379,000,000 kg CO2e, with Scope 1 emissions contributing about 2,350,050,000 kg CO2e and Scope 2 emissions at around 89,200,000 kg CO2e. In Canada, emissions were reported at approximately 3,074,000 kg CO2e. Algonquin Power and Utilities has not set specific reduction targets or initiatives as per the latest data. However, the company is actively engaged in climate commitments, focusing on reducing its carbon footprint through various operational strategies. The absence of documented reduction targets suggests a need for further development in their climate strategy. Overall, Algonquin Power and Utilities is positioned within the utility sector, which is increasingly scrutinised for its environmental impact, highlighting the importance of transparent emissions reporting and proactive climate action.

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Add to project
20162017201820192020202120222023
Scope 1
273,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
Scope 2
-
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
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

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Algonquin Power And Utilities'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. Algonquin Power And Utilities is headquartered in CA, 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.

Algonquin Power And Utilities 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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