Neoenergia
Neoenergia, officially known as Neoenergia S.A., is a prominent player in the Brazilian energy sector, headquartered in Brazil. Founded in 1997, the company has established itself as a leader in the generation, distribution, and commercialisation of electricity, primarily operating in key regions such as São Paulo, Bahia, and Pernambuco. With a strong commitment to sustainability, Neoenergia focuses on renewable energy sources, including wind and solar power, setting it apart in a competitive market. The company has achieved significant milestones, including the expansion of its renewable energy portfolio, which underscores its dedication to innovation and environmental responsibility. Recognised for its robust market position, Neoenergia has received accolades for its efforts in promoting energy efficiency and social responsibility, making it a trusted name in the Brazilian energy landscape.
DitchCarbon Score
How does Neoenergia'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 Electrical Machinery Manufacturing 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
Neoenergia's score of 51 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Neoenergia's reported carbon emissions
In 2022, Neoenergia reported total carbon emissions of approximately 2,710,470 kg CO2e for Scope 1, 24,710 kg CO2e for Scope 2, and 2,943,310 kg CO2e for Scope 3. This reflects their commitment to transparency in emissions reporting across all scopes. The company has set a long-term target to achieve net-zero emissions by 2050, as part of their Science Based Targets initiative (SBTi) commitment, which encompasses all scopes of emissions. In recent years, Neoenergia has demonstrated a proactive approach to reducing its carbon footprint, with a notable decrease in Scope 1 carbon intensity from 0.128 kg CO2e per kWh in 2017 to 0.053 kg CO2e per kWh in 2020. This reduction highlights their ongoing efforts to enhance operational efficiency and transition towards more sustainable energy practices. As a leading player in the electric utilities sector in Brazil, Neoenergia is focused on integrating renewable energy sources and improving energy efficiency, aligning with global climate goals and contributing to a more sustainable future.
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| 2022 | |
|---|---|
| Scope 1 | 2,710,470 |
| Scope 2 | 24,710 |
| Scope 3 | 2,943,310 |
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.
Neoenergia is committed to some 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.
