EirGrid, headquartered in Ireland (IE), is a prominent player in the retail trade services sector, specifically focusing on services excluding motor vehicles and motorcycles, as well as the repair of personal and household goods. Established in 2006, EirGrid has made significant strides in the industry, particularly in the management and operation of the electricity grid across Ireland and Northern Ireland.
The company is renowned for its core services, which include the facilitation of electricity supply and the integration of renewable energy sources, setting it apart in a rapidly evolving market. EirGrid's commitment to innovation and sustainability has positioned it as a leader in the energy sector, achieving notable milestones such as the successful implementation of the Grid Development Strategy. With a strong focus on reliability and efficiency, EirGrid continues to enhance its market position, contributing to a more sustainable energy future.
-13 vs industry average
Eirgrid’s score of 23 is lower than 39% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Retail Trade Services has below-average carbon intensity
Industry performance
The Retail Trade Services industry has reduced its overall emissions by 31% since 2018
Emissions trajectory 2020 – 2023
Reported emissions
Scope 3 accounts for ••• of total emissions.
Eirgrid's reported carbon emissions
EirGrid, headquartered in Ireland and operating within the retail trade services sector, has demonstrated a commitment to reducing its carbon emissions.
For the reporting year 2020, EirGrid reported total emissions of approximately 8.02 million kg CO2e. This figure encompasses Scope 1 emissions of about 326,000 kg CO2e, Scope 2 emissions of approximately 1.04 million kg CO2e, and Scope 3 emissions totalling around 6.14 million kg CO2e.
EirGrid has established ambitious climate commitments, aligning with science-based targets. The company aims to reduce absolute Scope 1 and 2 greenhouse gas (GHG) emissions by 50% by 2030, using 2019 as the base year. Furthermore, EirGrid is committed to reducing its Scope 3 GHG emissions from dispatch balancing services by 35% per megawatt-hour (MWh) of overall system demand within the same timeframe. An additional commitment involves reducing all other absolute Scope 3 GHG emissions by 30% by 2030, also from a 2019 baseline. These targets are classified as near-term and are consistent with keeping global warming to 1.5°C. The company has reported progress, with some targets being on track.
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Eirgrid’s Climate Goals (2030 & 2050)
3 goals2030
50% reduction in Scope 2
EirGrid Group commits to reduce absolute scope 1 and 2 GHG emissions 50% by 2030 from a 2019 base year. EirGrid Group also commits to reduce…
2030
50% reduction in Scope 1
EirGrid Group commits to reduce absolute scope 1 and 2 GHG emissions 50% by 2030 from a 2019 base year. EirGrid Group also commits to reduce…
2030
30% reduction in scope 3 total
EirGrid Group commits to reduce absolute scope 1 and 2 GHG emissions 50% by 2030 from a 2019 base year. EirGrid Group also commits to reduce…
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Eirgrid
Frequently asked questions
Common questions about Eirgrid’s sustainability data and climate commitments
Data year: 2020
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