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Public Profile
Electricity Transmission
PT
updated a month ago

Edp

Company website

EDP, or Energias de Portugal, is a leading player in the global energy sector, headquartered in Lisbon, Portugal. Founded in 1976, the company has established a strong presence in Europe, North America, and Brazil, focusing on renewable energy, electricity distribution, and natural gas. EDP is renowned for its commitment to sustainability, with a significant portion of its energy generation coming from wind and solar sources. The company has achieved notable milestones, including a substantial reduction in carbon emissions and a strategic shift towards green energy solutions. EDP's core services encompass electricity generation, distribution, and retail, distinguished by innovative technologies and a customer-centric approach. As a prominent advocate for clean energy, EDP continues to enhance its market position, earning recognition for its efforts in promoting a sustainable energy future.

DitchCarbon Score

How does Edp'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.

73

Industry Average

Mean score of companies in the Electricity Transmission 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.

37

Industry Benchmark

Edp's score of 73 is higher than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.

84%

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Edp's reported carbon emissions

In 2023, EDP (Energias de Portugal) reported total carbon emissions of approximately 5,015,000,000 kg CO2e, with Scope 1 emissions at about 699,500,000 kg CO2e, Scope 2 emissions at approximately 215,000,000 kg CO2e, and Scope 3 emissions reaching around 2,434,100,000 kg CO2e. The company has set ambitious targets to significantly reduce its carbon footprint. By 2030, EDP aims to reduce its Scope 1 emissions by 65% from a 2021 baseline and Scope 2 emissions by 50% from the same baseline. Additionally, EDP has committed to achieving net-zero greenhouse gas emissions across its value chain by 2040, with interim targets including a 95% reduction in Scope 1 and 2 emissions per MWh generated by 2030, and a 45% reduction in absolute Scope 3 emissions from the use of sold products by the same year. EDP's long-term goals include a 96% reduction in Scope 1 and 2 emissions per MWh generated by 2040, alongside a 90% reduction in absolute Scope 3 emissions. These targets are aligned with the Science Based Targets initiative (SBTi) and reflect EDP's commitment to sustainable practices in the energy sector. The company is headquartered in Portugal and operates globally, focusing on reducing its environmental impact while transitioning to cleaner energy sources.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

20052006200720082009201220132015201620172018201920202021202220232024
Scope 1
-
-
-
-
00,000,000,000
-
0,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
000,000
Scope 2
-
-
-
-
0,000,000,000
-
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
-
Scope 3
4,346,000,000
0,000,000,000
0,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000
0,000,000
00,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000
0,000,000,000
00,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Edp's primary industry is Transmission services of electricity, which is medium in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Edp is in PT, which has a low grid carbon intensity relative to other regions.

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.

Edp is participating in some 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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