Hydro-Québec
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 24 is lower than 58% 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 from Scope 1 sources, which include mobile combustion (about 46,977,000 kg CO2e), fugitive emissions (approximately 47,556,000 kg CO2e), and stationary combustion (around 228,303,000 kg CO2e). The company also emitted about 21,169,000 kg CO2e from Scope 2, primarily from purchased electricity. Additionally, Scope 3 emissions totalled approximately 383,300,000 kg CO2e, with significant contributions from business travel (about 14,206,000 kg CO2e) and fuel and energy-related activities (approximately 56,460,000 kg CO2e). Hydro-Québec is committed to reducing greenhouse gas (GHG) emissions in alignment with the Québec government’s 2030 Energy Policy, which aims for a 20% reduction by 2020 and a 37.5% reduction by 2030 compared to 1990 levels. This commitment encompasses both Scope 1 and Scope 2 emissions, reflecting a comprehensive approach to climate action. The emissions data is not cascaded from any parent organization, and all figures are directly reported by Hydro-Québec. The company continues to focus on sustainability and reducing its carbon footprint as part of its operational strategy.
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| 2023 | |
|---|---|
| Scope 1 | 342,020,000 |
| Scope 2 | 21,169,000 |
| Scope 3 | 383,300,000 |
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-Québec is not participating in any of the initiatives that 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.
