Norte Energia
Norte Energia S.A., commonly referred to as Norte Energia, is a prominent player in Brazil's energy sector, headquartered in Brasília. Established in 2008, the company primarily focuses on the generation and distribution of hydroelectric power, with significant operations in the Amazon region. Norte Energia is best known for its flagship project, the Belo Monte Hydroelectric Plant, which has positioned the company as a leader in renewable energy production in Brazil. The plant not only contributes to the national grid but also emphasises sustainable practices, setting it apart in the industry. With a commitment to innovation and environmental stewardship, Norte Energia has achieved notable milestones, reinforcing its market position as a key contributor to Brazil's energy landscape. The company continues to play a vital role in advancing the country’s renewable energy goals.
DitchCarbon Score
How does Norte Energia'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 Financial Intermediation 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
Norte Energia's score of 39 is lower than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Norte Energia's reported carbon emissions
In 2023, Norte Energia reported total carbon emissions of approximately 13,848,010 kg CO2e. This figure includes 1,384,810 kg CO2e from Scope 1 emissions, which encompass direct emissions from owned or controlled sources, and 19,680 kg CO2e from Scope 2 emissions, related to indirect emissions from the generation of purchased electricity. The majority of their emissions, about 9,814,820 kg CO2e, fall under Scope 3, which includes emissions from the entire value chain, such as business travel and purchased goods and services. In 2022, Norte Energia's total emissions were approximately 5,678,490 kg CO2e, with Scope 1 and Scope 2 emissions each contributing about 24,710 kg CO2e, while Scope 3 emissions reached approximately 9,814,820 kg CO2e. The emissions intensity from the Belo Monte Hydroelectric Power Plant was reported at 0.154 MWh. The company has not disclosed specific reduction targets or initiatives as part of their climate commitments, indicating a potential area for improvement in their sustainability strategy. Overall, Norte Energia's emissions data highlights the significant impact of their operations on carbon emissions, particularly within Scope 3, and underscores the need for enhanced climate action and transparency in their environmental commitments.
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Add to project| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 19,680 | 00,000 | 0,000,000 |
| Scope 2 | 19,680 | 00,000 | 00,000 |
| Scope 3 | 3,362,900 | 0,000,000 | 0,000,000 |
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.
Norte Energia is not committed to any 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.
