Algonquin Power And Utilities

Algonquin Power And Utilities's reported carbon emissions

Algonquin Power & Utilities Corp. (CA, Electricity nec) reported total Scope 1, 2, and 3 emissions of approximately 63.1 billion kg CO2e for the year 2023. Scope 1 emissions for 2023 were approximately 11.1 million kg CO2e, while Scope 2 emissions were around 51.97 million kg CO2e. Scope 3 emissions for 2023 totalled approximately 4.79 billion kg CO2e. In 2022, the company's total emissions were approximately 63.097 billion kg CO2e, comprising Scope 1 emissions of about 10.965 billion kg CO2e and Scope 2 emissions of approximately 52.132 billion kg CO2e. Looking further back, in 2021, Algonquin Power & Utilities Corp. reported total emissions of approximately 63.61 billion kg CO2e, with Scope 1 at about 10.844 billion kg CO2e and Scope 2 at approximately 52.766 billion kg CO2e. For 2020, Scope 1 emissions were approximately 2.58 trillion kg CO2e, and Scope 2 emissions were around 87.014 billion kg CO2e. Scope 3 emissions in 2020 included approximately 1.867 trillion kg CO2e from investments and 2.102 trillion kg CO2e from the use of sold products. Algonquin Power & Utilities Corp. has set near-term intensity reduction targets. The company aims to reduce Scope 1 emissions by 45% by 2030 against a 2017 base year, with a 2017 value of 0.563 million tonnes CO2e per megawatt-hour generated. Additionally, they target a 50% reduction in Scope 2 emissions by 2030, based on a 2017 baseline of 0.003 million tonnes CO2e per MMBtu delivered for natural gas. The company also reported a Scope 1 intensity for power generation of 78.9 tonnes CO2e per MWh in 2016.