Public Joint-Stock Company Federal Grid Company of Unified Energy System (FGC UES) is a leading player in the Russian energy sector, headquartered in Moscow, Russia. Established in 2002, FGC UES operates primarily in the transmission of electricity, managing a vast network of high-voltage power lines across key regions of the country. The company is renowned for its commitment to modernising the energy infrastructure, ensuring reliable electricity supply, and integrating renewable energy sources. FGC UES stands out with its advanced technologies and strategic initiatives aimed at enhancing grid efficiency and sustainability. As a pivotal entity in the Unified Energy System of Russia, it plays a crucial role in maintaining energy security and supporting economic growth. With a strong market position, FGC UES continues to achieve significant milestones in the energy industry.
How does Public Joint-Stock Company Federal Grid Company of Unified Energy System'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.
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.
Public Joint-Stock Company Federal Grid Company of Unified Energy System's score of 10 is lower than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2021, Public Joint-Stock Company Federal Grid Company of Unified Energy System reported significant carbon emissions, totalling approximately 11,745,000,000 kg CO2e for Scope 1 and about 2,834,000 kg CO2e for Scope 2. This data highlights the company's substantial impact on greenhouse gas emissions within the energy sector in Russia. Comparatively, in 2020, the company emitted around 9,883,000,000 kg CO2e in Scope 1 and approximately 434,000 kg CO2e in Scope 2. This indicates a notable increase in emissions from 2020 to 2021, particularly in Scope 1 emissions. Despite the lack of Scope 3 emissions data, the company has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of SBTi reduction targets or documented climate pledges. This places the company in a challenging position within the industry, where many peers are actively pursuing ambitious climate commitments. Overall, while the Federal Grid Company has disclosed its emissions data, it currently lacks defined reduction strategies, which may impact its long-term sustainability and alignment with global climate goals.
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.
Public Joint-Stock Company Federal Grid Company of Unified Energy System 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.