Centrais Eletricas Brasileiras Sa Eletrobras

Centrais Eletricas Brasileiras Sa Eletrobras's reported carbon emissions

Centrais Elétricas Brasileiras S.A. Eletrobras (Eletrobras) reported a total of approximately 4.71 billion kg CO2e in emissions for 2024. This includes Scope 1 emissions of approximately 2.33 billion kg CO2e, Scope 2 emissions of approximately 460.72 million kg CO2e, and Scope 3 emissions of approximately 1.92 billion kg CO2e. In 2023, the company's total emissions were approximately 5.67 billion kg CO2e, with Scope 1 emissions at approximately 4.00 billion kg CO2e, Scope 2 at approximately 289.12 million kg CO2e, and Scope 3 at approximately 1.38 billion kg CO2e. Eletrobras has established ambitious climate commitments. By 2030, the company aims to achieve net-zero emissions by offsetting any greenhouse gas (GHG) emissions from its operations that cannot be reduced. Furthermore, Eletrobras has set Science Based Targets initiative (SBTi) approved targets: * **Near-Term (by 2029):** * Reduce absolute Scope 1 GHG emissions from generated electricity by 76% per MWh from a 2023 base year. * Reduce all remaining absolute Scope 1 and 2 GHG emissions by 50%. * Reduce absolute Scope 1 and 3 GHG emissions from fuel and energy-related activities 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%. * **Long-Term (by 2030):** * Reduce absolute Scope 1 GHG emissions from generated electricity by 80% per MWh from a 2023 base year. * Reduce all remaining absolute Scope 1 and 2 GHG emissions by 90%. * Reduce absolute Scope 1 and 3 GHG emissions from fuel and energy-related activities by 85% 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 90%. These targets align with keeping global warming to 1.5°C, indicating a strong commitment to decarbonisation across their value chain within the electric utilities and independent power producers sector in Brazil.