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 South America, focusing on renewable energy, electricity distribution, and gas supply. EDP is renowned for its commitment to sustainability, with a significant portion of its energy portfolio derived from wind and solar power. 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 59 is higher than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Edp's reported carbon emissions
In 2023, EDP - Energias de Portugal S.A. reported total greenhouse gas emissions of approximately 9.65 million tonnes CO2e globally, with 4.28 million tonnes from Scope 1, 0.29 million tonnes from Scope 2, and 8.06 million tonnes from Scope 3 emissions. The company has set ambitious climate commitments, aiming for net-zero emissions across its value chain by 2040, using 2020 as the baseline year. EDP's near-term targets include a 95% reduction in Scope 1 and 2 emissions per megawatt-hour (MWh) generated by 2030, alongside an 80% reduction in Scope 1 and 3 emissions from sold electricity. Additionally, the company aims to cut absolute Scope 3 emissions from the use of sold products by 45% and all other Scope 3 emissions by 45% by 2030. For long-term goals, EDP plans to achieve a 96% reduction in Scope 1 and 2 emissions per MWh by 2040, and a 95% reduction in Scope 1 and 3 emissions from sold electricity. The company also targets a 90% reduction in absolute Scope 3 emissions from the use of sold products and all other Scope 3 emissions by 2040. These commitments align with EDP's participation in the Science Based Targets initiative (SBTi) and reflect its dedication to sustainable practices in the energy sector.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2007 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 23,422,000,000 | 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 |
| Scope 2 | 24,476,000,000 | 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 | 23,155,000,000 | 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 |
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 committed to some reduction initiatives 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.
