Edp
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.
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.
Industry Benchmark
Edp's score of 73 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Edp's reported carbon emissions
In 2024, EDP (Energias de Portugal) reported total carbon emissions of approximately 10,000,000,000 kg CO2e, comprising 1,458,000,000 kg CO2e from Scope 1, 233,000,000 kg CO2e from Scope 2, and a significant 9,541,000,000 kg CO2e from Scope 3 emissions. This reflects EDP's extensive operational footprint, particularly in Scope 3, which includes emissions from the use of sold products and other indirect activities. EDP has set ambitious climate commitments, aiming for a 65% reduction in Scope 1 emissions and a 50% reduction in Scope 2 emissions by 2030, using 2021 as a baseline. Additionally, the company targets a 70% reduction in combined Scope 1 and 2 emissions intensity by the end of 2025 compared to 2015 levels. EDP is also committed to achieving net-zero greenhouse gas emissions across its entire value chain by 2040, with interim targets to reduce Scope 1 and 2 emissions by 95% per MWh generated by 2030, and to cut absolute Scope 3 emissions by 45% by the same year. These commitments align with EDP's broader strategy to transition towards renewable energy sources and enhance sustainability across its operations, reflecting a proactive approach to addressing climate change and reducing its carbon footprint.
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| 2009 | 2012 | 2013 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 11,068,300,000 | - | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 0,000,000,000 | 000,000 | 000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 8,932,200,000 | - | - | 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 | 22,131,700,000 | 00,000,000,000 | 00,000,000,000 | 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 | 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.
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.
