Public Profile

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.

81

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.

16

Industry Benchmark

Edp's score of 81 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.

99%

Let us know if this data was useful to you

Edp's reported carbon emissions

In 2023, EDP (Energias de Portugal) reported total carbon emissions of approximately 5,015,000,000 kg CO2e, with emissions distributed across various scopes: 699,500,000 kg CO2e from Scope 1, 215,000,000 kg CO2e from Scope 2, and 2,434,100,000 kg CO2e from Scope 3. This reflects a commitment to reducing their carbon footprint significantly. EDP has set ambitious targets to achieve substantial reductions in emissions. By 2030, the company aims to reduce Scope 1 emissions by 65% from a 2021 baseline and Scope 2 emissions by 50% from the same baseline. Furthermore, EDP is committed to reducing Scope 1 and 2 emissions per MWh generated by 95% by 2030, and Scope 3 emissions from the use of sold products by 45% by the same year. Long-term goals include achieving net-zero greenhouse gas emissions across all scopes by 2040, with specific targets to reduce Scope 1 and 2 emissions by 96% per MWh generated by 2040. Additionally, EDP aims to reduce Scope 3 emissions from the use of sold products by 90% by 2040. These commitments align with industry standards for climate action, demonstrating EDP's proactive approach to addressing climate change and its impact on the environment.

Unlock detailed emissions data

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

2009201220132015201620172018201920202021202220232024
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

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

Similar Organizations

ENEA S.A.

PL
Transmission services of electricity
Updated 4 days ago

Iberdrola

ES
Distribution and trade services of electricity
Updated about 12 hours ago

Verbund

AT
Electricity nec
Updated 4 days ago

Fortum

FI
Electricity nec
Updated 4 days ago

Endesa

ES
Other business services (74)
Updated 4 days ago

Galp

PT
Electrical machinery and apparatus n.e.c. (31)
Updated 4 days ago

Where does DitchCarbon data come from?

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