Capital Power
Capital Power Corporation, headquartered in Canada, is a leading player in the energy sector, primarily focused on power generation. Established in 2009, the company has rapidly expanded its operations across key regions, including Alberta and Ontario, positioning itself as a significant contributor to the North American energy landscape. Specialising in natural gas and renewable energy sources, Capital Power is committed to delivering sustainable and reliable electricity. Its innovative approach to energy production, coupled with a strong emphasis on environmental stewardship, sets it apart in a competitive market. The company has achieved notable milestones, including the development of several high-efficiency power plants, reinforcing its reputation for operational excellence. With a robust portfolio of assets and a strategic vision for growth, Capital Power continues to enhance its market position, striving to meet the evolving energy needs of communities while prioritising sustainability and efficiency.
DitchCarbon Score
How does Capital Power'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 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.
Industry Benchmark
Capital Power's score of 31 is higher than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Capital Power's reported carbon emissions
In 2024, Capital Power reported significant carbon emissions, with Scope 1 emissions totalling approximately 17,400,000,000 kg CO2e, Scope 2 emissions at about 40,000,000 kg CO2e, and Scope 3 emissions reaching approximately 4,040,000,000 kg CO2e. This data reflects a comprehensive approach to emissions reporting, covering all three scopes. The company has set ambitious climate commitments, aiming to reduce or offset its greenhouse gas (GHG) emissions intensity by 20% by 2030 for both Scope 1 and Scope 2 emissions. Additionally, Capital Power has pledged to eliminate coal-fired electricity emissions entirely by 2030, demonstrating a strong commitment to transitioning towards cleaner energy sources. Historically, in 2023, Capital Power's Scope 1 emissions were reported at approximately 18,751,151,000 kg CO2e, indicating a slight decrease in emissions from the previous year. The company has been actively working on its emissions management strategies, including a financial commitment to pay $30 per tonne for any shortfall in achieving its intensity reduction targets. Overall, Capital Power's climate strategy reflects a proactive stance in addressing carbon emissions, aligning with industry standards and expectations for sustainability and environmental responsibility.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 11,527,603,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
| Scope 2 | - | - | - | - | 00,000,000 |
| Scope 3 | - | - | - | - | 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.
Capital Power is not participating in any of the initiatives that 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.
