Good Energy

Good Energy's reported carbon emissions

Good Energy, based in the UK and operating in the distribution and trade services of electricity industry, has demonstrated a commitment to reducing its carbon footprint. **Emissions Data:** For the year 2023, Good Energy reported total emissions of approximately 175,737 kg CO2e. This figure is comprised of: * Scope 1 emissions: approximately 54,830 kg CO2e. * Scope 2 emissions: approximately 52,994 kg CO2e. * Scope 3 emissions: approximately 120,902 kg CO2e, with the largest contributor being employee commute at about 89,321 kg CO2e. In 2022, Good Energy's reported emissions were approximately 190 kg CO2e for Scope 1 and about 102,790 kg CO2e for Scope 3. Scope 2 data was not available for this year. For 2021, Scope 1 emissions were approximately 45,161 kg CO2e, and Scope 3 emissions were around 116,510 kg CO2e. Historical data indicates a significant reduction in emissions from 2018 to 2023. For instance, Scope 1 emissions in 2018 were approximately 75,340 kg CO2e, and Scope 3 emissions were about 476,080 kg CO2e. By 2019, Scope 1 was approximately 58,950 kg CO2e and Scope 3 was about 314,550 kg CO2e. In 2020, Scope 1 emissions were approximately 45,800 kg CO2e, and Scope 3 emissions were about 72,230 kg CO2e. **Climate Commitments and Reduction Targets:** Good Energy has set ambitious climate targets. They are committed to a Net Zero goal by 2035, with a real-world reduction target of 90% across their business and financed emissions. The remaining 10% will be offset through carbon removal projects. Specifically for Scope 1 and 2 emissions, Good Energy aims to reduce absolute Scope 1 GHG emissions by 70% by 2030 from a 2020 base year. This commitment is further supported by Science Based Targets initiative (SBTi) approved targets. As an SME, Good Energy commits to reducing Scope 1 and Scope 2 GHG emissions by 50% by 2030 from a 2018 base year, and to measure and reduce its Scope 3 emissions. These SBTi targets covering operations (Scopes 1 and 2) are consistent with reductions required to keep warming to 1.5°C.