Electricite De France

Électricité de France (EDF) reported total carbon emissions of approximately 91.8 billion kg CO2e in 2023. This includes Scope 1 emissions of around 19 billion kg CO2e, Scope 2 emissions (market-based) of about 450 million kg CO2e, and Scope 3 emissions of approximately 72 billion kg CO2e. Key categories within Scope 3 included use of sold products (35.4 billion kg CO2e), fuel and energy-related activities (19.4 billion kg CO2e), investments (7 billion kg CO2e), capital goods (5.4 billion kg CO2e), and purchased goods and services (4.8 billion kg CO2e).

Looking ahead to 2025, EDF projects Scope 1 emissions to be around 15 billion kg CO2e and Scope 3 emissions to be approximately 68 billion kg CO2e. This projected figure for 2025 represents a notable decrease from 2023 levels. In 2022, total emissions were approximately 120 billion kg CO2e, comprising Scope 1 emissions of 24 billion kg CO2e, Scope 2 emissions of 400 million kg CO2e, and Scope 3 emissions of 96 billion kg CO2e.

EDF has set ambitious climate commitments, with its CO2 emissions reduction trajectory validated by Moody's in 2024 as being in line with a 1.5°C warming scenario. The company aims for net-zero emissions across all scopes by 2050. Near-term targets include a 60% reduction in Scope 1 emissions by 2025 (compared to 2017 levels), and a 70% reduction by 2030. By 2035, EDF targets an 80% reduction in Scope 1 emissions. Additionally, EDF has committed to Science Based Targets initiative (SBTi) with targets to reduce absolute Scope 1 and 2 GHG emissions by 50% by 2030 from a 2017 base year, and to reduce absolute Scope 3 GHG emissions from the use of sold products by 28% by 2030 from a 2019 base year.