Centrais Eletricas Brasileiras Sa Eletrobras

Centrais Elétricas Brasileiras S.A. (Eletrobras) in Brazil, operating in the electricity distribution and trade services industry, reported total greenhouse gas (GHG) emissions of approximately 4.71 billion kg CO2e for 2024. This figure encompasses Scope 1, 2, and 3 emissions. For the same year, Scope 1 emissions were approximately 2.33 billion kg CO2e, Scope 2 emissions were about 460.72 million kg CO2e, and Scope 3 emissions were approximately 1.92 billion kg CO2e.

In 2023, Eletrobras's total emissions were approximately 5.67 billion kg CO2e, with Scope 1 emissions at about 4.00 billion kg CO2e, Scope 2 at roughly 289.12 million kg CO2e, and Scope 3 at approximately 1.38 billion kg CO2e.

Eletrobras has established several ambitious climate commitments. The company aims to achieve net-zero GHG emissions across its value chain by 2030, meaning any emissions that cannot be reduced will be offset.

More specifically, Eletrobras has set Science Based Targets initiative (SBTi) aligned goals:

• Scope 1: A long-term target to reduce absolute Scope 1 GHG emissions from generated electricity by 80% per MWh by 2030, using 2023 as a base year. Additionally, they commit to reducing all remaining absolute Scope 1 and 2 GHG emissions by 90% within the same long-term timeframe.
• Near-Term Targets (by 2029):
  • Reduce absolute Scope 1 GHG emissions from generated electricity by 76% per MWh.
  • Reduce all remaining absolute Scope 1 and 2 GHG emissions by 50%.
  • Reduce absolute Scope 3 GHG emissions from fuel and energy-related activities covering all sold electricity by 80% per MWh.
  • Reduce absolute Scope 3 GHG emissions from purchased goods and services, capital goods, upstream transportation and distribution, waste generated in operations, business travel, and employee commuting by 40%.

Eletrobras also previously aimed to reduce its Scope 1 and Scope 2 emissions to near zero by the middle of the decade, with a target year of 2023 for Scope 2. The company's emissions reporting includes Scope 1, 2, and 3, though specific data points for "scope_3/fuel_and_energy_related_activities" were noted as missing in some reports.