Emera Inc., headquartered in Canada, is a prominent energy and utility company that operates across North America and the Caribbean. Founded in 2000, Emera has established itself as a leader in the energy sector, focusing on electricity generation, transmission, and distribution, as well as natural gas services.
With a diverse portfolio that includes renewable energy projects and innovative utility solutions, Emera is committed to sustainability and customer-centric service. The company has achieved significant milestones, including the expansion of its renewable energy capacity and strategic acquisitions that enhance its market position.
Recognised for its dedication to clean energy and operational excellence, Emera continues to drive advancements in the energy industry, making it a key player in the transition towards a more sustainable future.
+12 vs industry average
Emera’s score of 37 is higher than 56% 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
Electricity Transmission is among the most carbon-intensive industries
Industry performance
The Electricity Transmission industry has reduced its overall emissions by 38% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Emera's reported carbon emissions
In 2024, Emera's total carbon emissions amounted to approximately 39.1 billion kg CO2e, comprising 13.4 billion kg CO2e from Scope 1, 14.3 billion kg CO2e from Scope 2, and 8.6 billion kg CO2e from Scope 3 emissions. This data reflects a commitment to transparency and accountability in their climate impact reporting. Emera has set ambitious climate commitments, aiming for net-zero CO2 emissions by 2050. This long-term goal encompasses significant near-term targets, including a 55% reduction in CO2 emissions by 2025 compared to 2005 levels, and an 80% reduction by 2040. These targets apply to both Scope 1 and Scope 2 emissions, with the last coal unit expected to be retired no later than 2040. The company’s emissions data is sourced from Emera Incorporated, ensuring consistency and reliability in their reporting. Emera's proactive approach to climate action positions it as a leader in the energy sector, aligning with global sustainability goals and demonstrating a commitment to reducing its carbon footprint.
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Emera’s Climate Goals (2030 & 2050)
7 goals2050
To achieve a net-zero CO2 emissions vision by 2050 (medium-t…
To achieve a net-zero CO2 emissions vision by 2050 (medium-term) requires a reduction of emissions at TEC and NSP, our two largest operating…
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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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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Emera
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