Hydro-Québec Sustainability Profile
Hydro-Québec, a leading utility company based in Canada, has been a cornerstone of the energy sector since its establishment in 1944. Headquartered in Montreal, Quebec, the company primarily operates across the province, providing reliable electricity to millions of customers. Specialising in hydroelectric power generation, Hydro-Québec is renowned for its commitment to sustainable energy solutions and innovation in renewable resources. With a robust portfolio that includes electricity transmission, distribution, and energy efficiency services, Hydro-Québec stands out for its extensive hydroelectric facilities, which contribute significantly to its market position as one of the largest producers of renewable energy in North America. The company has achieved numerous milestones, including the development of the world's largest underground hydroelectric power station, reinforcing its reputation as a leader in the industry.
DitchCarbon Score
How does Hydro-Québec'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
Hydro-Québec's score of 31 is lower than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Hydro-Québec's reported carbon emissions
In 2023, Hydro-Québec reported total carbon emissions of approximately 342,020,000 kg CO2e for Scope 1, 21,169,000 kg CO2e for Scope 2, and 383,300,000 kg CO2e for Scope 3 emissions. This reflects a significant increase in Scope 1 emissions compared to 2022, where they were about 233,454,000 kg CO2e. The Scope 2 emissions also rose from approximately 12,245,000 kg CO2e in 2022. Hydro-Québec's emissions profile indicates a reliance on mobile combustion (about 46,977,000 kg CO2e) and stationary combustion (approximately 228,303,000 kg CO2e) for Scope 1 emissions. The Scope 3 emissions are primarily driven by business travel (about 14,206,000 kg CO2e) and fuel and energy-related activities (approximately 56,460,000 kg CO2e). The company is committed to reducing greenhouse gas (GHG) emissions in alignment with the Québec government's 2030 Energy Policy, which aims for a 37.5% reduction in GHG emissions by 2030 compared to 1990 levels. This target applies to both Scope 1 and Scope 2 emissions, with a baseline year of 1990. Hydro-Québec has not reported any Science Based Targets initiative (SBTi) targets, and all emissions data is reported directly from Hydro-Québec without any cascaded data from parent or related organizations. The company continues to focus on sustainability and reducing its carbon footprint as part of its operational strategy.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 235,855,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 7,415,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 171,924,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is Hydro-Québec's Industry?
How Carbon Intensive is Hydro-Québec's Location?
Hydro-Québec's Scope 3 Categories Breakdown
Hydro-Québec's Scope 3 emissions, which increased by 55% last year and increased by approximately 123% since 2019, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 51% of total emissions under the GHG Protocol, with "Fuel and Energy Related Activities" being the largest emissions source at 15% of Scope 3 emissions.
Top Scope 3 Categories
Hydro-Québec'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.
Hydro-Québec 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.
