Edp Sustainability Profile
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 76 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 significant carbon emissions, totalling approximately 14,583,230,000 kg CO2e for Scope 1, 233,481,000 kg CO2e for Scope 2, and 9,541,000,000 kg CO2e for Scope 3. This reflects a commitment to transparency in emissions reporting, with data disclosed across all three scopes. For 2023, EDP's emissions were approximately 4,276,000,000 kg CO2e (Scope 1), 288,000,000 kg CO2e (Scope 2), and 8,063,000,000 kg CO2e (Scope 3). The company has set ambitious reduction targets, aiming for a 95% reduction in Scope 1 and 2 emissions intensity by 2030, compared to a 2020 baseline. Additionally, EDP has committed to achieving net-zero greenhouse gas emissions across its value chain by 2040. EDP's long-term targets include a 96% reduction in Scope 1 and 2 emissions per MWh generated by 2040, and a 90% reduction in absolute Scope 3 emissions from the use of sold products by the same year. These targets are aligned with the Science Based Targets initiative (SBTi) and reflect EDP's commitment to sustainable practices in the energy sector. Overall, EDP's climate strategy demonstrates a proactive approach to reducing its carbon footprint while contributing to global climate goals.
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| 2006 | 2007 | 2009 | 2012 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 13,700,000 | 00,000,000 | 00,000,000,000 | - | 0,000,000,000 | 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 | - |
| 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 | - |
| Scope 3 | - | - | 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 | - |
How Carbon Intensive is Edp's Industry?
How Carbon Intensive is Edp's Location?
Edp's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Edp has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Frequently Asked Questions
Common questions about Edp's sustainability data and climate commitments