Endesa

Endesa's reported carbon emissions

Endesa, based in Spain (ES) and operating in the "Other business services (74)" industry, has demonstrated a commitment to reducing its carbon footprint. The company is working towards achieving fully decarbonised generation by 2040, with a broader aim of reaching "Net-Zero" by the same year. In terms of emissions, Endesa reported a total of approximately 93.1 billion kg CO2e for the year 2024. This figure encompasses Scope 1, Scope 2, and Scope 3 emissions. Specifically, Scope 1 emissions amounted to about 10.02 billion kg CO2e, while Scope 2 emissions (market-based) were approximately 634.91 million kg CO2e and Scope 3 emissions totalled around 66 billion kg CO2e. For the year 2023, Endesa's total emissions were approximately 92.9 billion kg CO2e. This included Scope 1 emissions of about 11.74 billion kg CO2e, Scope 2 (market-based) emissions of approximately 639.84 million kg CO2e, and Scope 3 emissions of around 17.16 billion kg CO2e. Looking at historical data, Endesa reported a total of approximately 32.91 billion kg CO2e in 2021, with Scope 1 at about 10.70 billion kg CO2e, Scope 2 at approximately 470.77 million kg CO2e, and Scope 3 at around 21.74 billion kg CO2e. In 2020, total emissions were approximately 31.97 billion kg CO2e, comprising Scope 1 of about 10.30 billion kg CO2e, Scope 2 of approximately 457.18 million kg CO2e, and Scope 3 of around 21.21 billion kg CO2e. For 2019, the total emissions were approximately 43.29 billion kg CO2e, with Scope 1 at about 17.47 billion kg CO2e, Scope 2 at approximately 460.89 million kg CO2e, and Scope 3 at around 25.36 billion kg CO2e. In 2018, emissions were reported as Scope 1: approximately 31.29 billion kg CO2e, Scope 2: approximately 519 million kg CO2e, and Scope 3: approximately 29.49 billion kg CO2e. The year 2017 saw total emissions of approximately 73 million kg CO2e, with Scope 1 at about 34.80 billion kg CO2e, Scope 2 (market-based) at approximately 837.03 million kg CO2e, and Scope 3 at around 35.24 billion kg CO2e. Endesa has also set an intensity reduction target for Scope 1 greenhouse gas emissions from electricity generation, aiming for 145 gCO2eq/kWh by 2025, which represents approximately a 67% reduction compared to 2017 levels. It is important to note that Endesa's climate reporting and targets are cascaded from its ultimate parent company, Enel SpA. Specifically, Endesa's SBTi and CA100+ initiatives are aligned with those of Enel SpA, and Endesa's climate pledge aligns with Enel SpA's net-zero goals.