Public Profile

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.

39

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.

2

Industry Benchmark

Neoenergia's score of 39 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.

92%

Neoenergia's reported carbon emissions

In 2022, Neoenergia reported total carbon emissions of approximately 5,000,490 kg CO2e, comprising 2,710,470 kg CO2e from Scope 1, 24,710 kg CO2e from Scope 2, and 2,943,310 kg CO2e from Scope 3 emissions. The Scope 1 emissions included mobile combustion (633,320 kg CO2e), fugitive emissions (1,903,470 kg CO2e), and stationary combustion (112,100 kg CO2e). The Scope 3 emissions were primarily driven by upstream transportation and distribution (2,212,240 kg CO2e) and business travel (471,260 kg CO2e). Neoenergia has committed to achieving net-zero emissions by 2050, aligning with the Science Based Targets initiative (SBTi). This long-term target encompasses all scopes of emissions, reflecting the company's dedication to sustainable practices within the electric utilities sector. As of 2023, Neoenergia is actively working towards this goal, demonstrating a proactive approach to climate change mitigation.

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201720182019202020212022
Scope 1
0.13
0.00
0.00
0.00
0.00
0,000,000
Scope 2
-
-
-
-
-
00,000
Scope 3
-
-
-
-
-
0,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Neoenergia's primary industry is Electrical machinery and apparatus n.e.c. (31), which is low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Neoenergia is headquartered in BR, which has a rank of very low, indicating very low grid carbon 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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DitchCarbon Score

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