Emera Sustainability Profile
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.
DitchCarbon Score
How does Emera'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
Emera's score of 49 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Emera's reported carbon emissions
In 2024, Emera's total carbon emissions amounted to approximately 13.4 billion kg CO2e, comprising about 8.6 billion kg CO2e from Scope 3 emissions and approximately 13.4 billion kg CO2e from combined Scope 1 and 2 emissions. In 2023, the total emissions were slightly lower at approximately 13.3 billion kg CO2e, with Scope 3 emissions at about 8.3 billion kg CO2e. Emera has set ambitious climate commitments, aiming for net-zero CO2 emissions by 2050. This long-term goal includes specific targets such as an 80% reduction in CO2 emissions by 2040 and a 55% reduction by 2025, both compared to 2005 levels. These targets reflect a strategic approach to significantly decrease emissions across all scopes, particularly focusing on Scope 1 and 2 emissions. The company's climate initiatives are guided by internal targets established in 2021, which serve as benchmarks for their progress. Emera's commitment to sustainability is further reinforced by their ongoing efforts to retire coal units, with the last unit expected to be retired no later than 2040. Emera's emissions data is not cascaded from a parent organization, ensuring that their reported figures and commitments are independently derived.
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| 2005 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | 00,000 | 00,000 | - | - | - | - | - | - | - | - | - |
| Scope 2 | - | - | - | - | - | - | - | - | - | - | - | - |
| Scope 3 | 1,885,000,000 | - | - | - | - | - | - | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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Emera'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.
Emera has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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