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 746.5 million kg CO2e. This figure includes Scope 1 emissions of about 342.0 million kg CO2e, Scope 2 emissions of approximately 21.2 million kg CO2e, and Scope 3 emissions of around 383.3 million kg CO2e. The company has made significant strides in reducing its greenhouse gas (GHG) emissions, aligning with the Québec government's 2030 Energy Policy, which aims for a 37.5% reduction in GHG emissions by 2030 compared to 1990 levels. In 2022, Hydro-Québec's total emissions were approximately 493.2 million kg CO2e, with Scope 1 emissions at about 233.5 million kg CO2e, Scope 2 at approximately 12.2 million kg CO2e, and Scope 3 at around 247.5 million kg CO2e. This indicates a notable increase in emissions from 2022 to 2023. The company's commitment to sustainability is further demonstrated through its adherence to the Québec government's targets, which include a 20% reduction by 2020 and the aforementioned 37.5% reduction by 2030. Hydro-Québec's emissions data is not cascaded from any parent organization, ensuring that its reported figures are independently sourced.
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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.
Rheinisch Westfalisches Elektrizitatswerk
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