Avangrid

Avangrid, a US-based electricity company, reported significant greenhouse gas emissions across its operations.

For the reporting year 2024, Avangrid's Scope 1 emissions were approximately 1.88 billion kg CO2e, with Scope 3 emissions totalling about 9.32 billion kg CO2e. These Scope 3 emissions were primarily driven by the use of sold products (approximately 6.56 billion kg CO2e) and fuel and energy-related activities (approximately 1.45 billion kg CO2e).

In 2023, Avangrid's Scope 1 emissions amounted to approximately 1.64 billion kg CO2e, and Scope 2 emissions were about 185.75 million kg CO2e. Scope 3 emissions for this year were approximately 8.89 billion kg CO2e, with the use of sold products contributing the largest share (about 7.11 billion kg CO2e).

The company's total emissions for 2023 were approximately 10.72 billion kg CO2e. Scope 1 emissions in 2022 were around 1.38 billion kg CO2e, and Scope 2 emissions were approximately 225.44 million kg CO2e. Scope 3 emissions in 2022 reached about 10.55 billion kg CO2e.

For 2021, Avangrid reported Scope 1 emissions of approximately 1.62 billion kg CO2e and Scope 2 emissions of about 402.35 million kg CO2e. Scope 3 emissions were substantial, totalling approximately 19.30 billion kg CO2e.

In 2020, Scope 1 emissions were approximately 1.42 billion kg CO2e, and Scope 2 emissions were about 297.28 million kg CO2e. Scope 3 emissions for that year were approximately 24.53 billion kg CO2e. Emissions data for earlier years, including 2019, 2018, and 2020, also show Scope 1, 2, and 3 emissions in the billions of kg CO2e.

While specific reduction targets are not detailed in the provided data, Avangrid's climate commitments are cascaded from its parent organisation, Avangrid, Inc., and ultimately from Iberdrola, S.A. The company participates in initiatives such as RE100 and has commitments aligned with the Science Based Targets initiative (SBTi), which are cascaded from the ultimate parent.