Good Energy

Good Energy, a GB-based company in the Distribution and trade services of electricity industry, reported its most recent Scope 1, 2, and 3 emissions for 2023.

In 2023, Good Energy's reported Scope 1 emissions were 54,830 kg CO2e. Location-based Scope 2 emissions for the same year were 52,994 kg CO2e. Scope 3 emissions totalled 120,902 kg CO2e, including approximately 7,138 kg CO2e from business travel, 89,321 kg CO2e from employee commute, 3,604 kg CO2e from purchased goods and services, 670 kg CO2e from waste generated in operations, and 4,936 kg CO2e from fuel and energy related activities.

Good Energy has set several climate commitments. It aims to reduce absolute Scope 1 and Scope 2 GHG emissions by 70% by 2030, using a 2020 base year. Additionally, the company has a near-term Science Based Target initiative (SBTi) commitment to reduce 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. This SBTi target aligns with a 1.5°C warming scenario. Good Energy also has a long-term Net Zero commitment to achieve a 90% real-world reduction across its business and financed emissions by 2035, with the remaining 10% to be offset by carbon removal projects.