Hydro One
Hydro One Inc., commonly referred to as Hydro One, is a leading electricity transmission and distribution company headquartered in Ontario, Canada. Established in 1906, Hydro One has grown to become a pivotal player in the North American energy sector, primarily serving the province of Ontario and surrounding regions. The company focuses on delivering reliable electricity services, operating an extensive network of transmission lines and distribution systems. Hydro One is renowned for its commitment to innovation and sustainability, offering unique solutions that enhance grid resilience and support renewable energy integration. With a strong market position, Hydro One has achieved significant milestones, including advancements in smart grid technology and customer service enhancements. As a trusted provider, Hydro One continues to play a crucial role in powering communities and driving economic growth across Ontario.
DitchCarbon Score
How does Hydro One'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 Distribution 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
Hydro One's score of 18 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Hydro One's reported carbon emissions
In 2023, Hydro One reported total carbon emissions of approximately 339,286,000 kg CO2e, comprising 129,994,000 kg CO2e from Scope 1 and 209,292,000 kg CO2e from Scope 2 emissions. The company has demonstrated a commitment to reducing its carbon footprint, although specific reduction targets or initiatives have not been disclosed. In previous years, Hydro One's emissions included 344,722,000 kg CO2e in 2020, with 184,956,000 kg CO2e from Scope 1 and 134,928,000 kg CO2e from Scope 2. The company has also reported Scope 3 emissions of 5,241,000 kg CO2e in 2021 and 2022, indicating a comprehensive approach to tracking its overall impact. Hydro One's emissions intensity for Ontario's electricity generation is approximately 0.03 kg CO2e per kWh, reflecting its role in the regional energy sector. While the company has not set specific reduction targets, its ongoing monitoring and reporting of emissions align with industry standards for climate accountability.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | - | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 166,145,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | 0,000,000 | 0,000,000 | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Hydro One is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
