Electricite De France Sustainability Profile

In 2024, Electricité de France (EDF) reported total carbon emissions of approximately 90.7 billion kg CO2e. This figure includes Scope 1 emissions of about 16.8 billion kg CO2e, Scope 2 emissions of approximately 650 million kg CO2e, and Scope 3 emissions of around 73.3 billion kg CO2e. The total emissions for 2023 were slightly higher at approximately 91.9 billion kg CO2e, with Scope 1 at about 18.9 billion kg CO2e, Scope 2 at 450 million kg CO2e, and Scope 3 at around 72.5 billion kg CO2e. EDF has set ambitious climate commitments, aiming for net zero emissions across all scopes by 2050. Notably, the company has committed to an 80% reduction in Scope 1 emissions by 2035, targeting a carbon intensity of 22 gCO2/kWh. In the near term, EDF aims for a 60% reduction in Scope 1 emissions by 2025, compared to 2017 levels, and has already achieved a 21% reduction in 2023 compared to the previous year. Additionally, EDF has aligned its targets with the Science Based Targets Initiative (SBTi), committing to a 50% reduction in absolute Scope 1 and 2 emissions by 2030 from a 2017 baseline, and a 28% reduction in Scope 3 emissions from the use of sold products by 2030 from a 2019 baseline. These commitments reflect EDF's proactive approach to addressing climate change and reducing its carbon footprint in the energy sector.