Edp

EDP, a Portuguese transmission services of electricity company, reported total emissions of approximately 10.1 billion kg CO2e in 2025. This includes about 2.99 billion kg CO2e from Scope 1 emissions, 323 million kg CO2e from market-based Scope 2 emissions, and 6.8 billion kg CO2e from Scope 3 emissions.

In 2024, EDP's total emissions were approximately 11.2 billion kg CO2e, with Scope 1 emissions at about 1.46 billion kg CO2e, market-based Scope 2 emissions at 234 million kg CO2e, and Scope 3 emissions at around 9.5 billion kg CO2e. For 2023, the company reported total emissions of approximately 12.6 billion kg CO2e, comprising about 4.28 billion kg CO2e for Scope 1, 261.52 million kg CO2e for market-based Scope 2, and 8.06 billion kg CO2e for Scope 3.

EDP has set ambitious climate commitments. The company aims to achieve net-zero greenhouse gas emissions across its value chain by 2040, using 2020 as a base year. This target is validated by the Science Based Targets initiative (SBTi).

Near-term SBTi targets include:

• A 95% reduction in Scope 1 and 2 GHG emissions per MWh of generated electricity by 2030 (from a 2020 base year).
• An 80% reduction in Scope 1 and 3 GHG emissions from all sold electricity per MWh by 2030 (from a 2020 base year).
• A 45% absolute reduction in Scope 3 emissions from the use of sold products by 2030 (from a 2020 base year).
• A 45% absolute reduction in all other Scope 3 GHG emissions by 2030 (from a 2020 base year).

Long-term SBTi targets by 2040 (from a 2020 base year) include:

• A 96% reduction in Scope 1 and 2 GHG emissions per MWh of generated electricity.
• A 95% reduction in Scope 1 and 3 GHG emissions from all sold electricity per MWh.
• A 90% absolute reduction in Scope 3 emissions from the use of sold products.
• A 90% absolute reduction in all other Scope 3 GHG emissions.

Additionally, EDP aims to reduce its CO2 specific emissions by 75% by 2030 compared to 2005 levels.