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 86% 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 greenhouse gas emissions of approximately 19,493,230,000 kg CO2e. This figure includes 958,000 kg CO2e from Scope 1 emissions, no Scope 2 emissions, and about 9,594,690,000 kg CO2e from Scope 3 emissions. In 2023, EDP's emissions were approximately 20,688,000,000 kg CO2e, comprising 4,276,000,000 kg CO2e from Scope 1, 288,000,000 kg CO2e from Scope 2, and 8,063,000,000 kg CO2e from Scope 3. EDP has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across its value chain by 2040, with a baseline year of 2020. Near-term targets include a 95% reduction in Scope 1 and 2 emissions per MWh generated by 2030, and an 80% reduction in Scope 1 and 3 emissions from sold electricity by the same year. Additionally, EDP plans to reduce absolute Scope 3 emissions from the use of sold products by 45% by 2030. The company has also established interim goals, such as reducing Scope 1 emissions by 65% from a 2021 baseline by 2030 and Scope 2 emissions by 50% from the same baseline. EDP's long-term strategy includes a 96% reduction in Scope 1 and 2 emissions per MWh generated by 2040. EDP's climate initiatives are aligned with the Science Based Targets initiative (SBTi), reinforcing its commitment to sustainable practices and reducing its carbon footprint in the energy sector.
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| 2005 | 2006 | 2007 | 2008 | 2009 | 2012 | 2013 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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
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.
