Public Joint-Stock Company "Second Generating Company of the Electric Power Wholesale Market" Sustainability Profile
Public Joint-Stock Company "Second Generating Company of the Electric Power Wholesale Market" (OGK-2) is a prominent player in the Russian energy sector, headquartered in Moscow. Established in 2005, the company has rapidly evolved to become a key provider of electric power, primarily serving the wholesale market across various regions in Russia. OGK-2 focuses on the generation of electricity through its advanced thermal power plants, utilising cutting-edge technology to ensure efficiency and reliability. The company is recognised for its commitment to sustainable practices and innovation, positioning itself as a leader in the industry. With a strong market presence, OGK-2 has achieved significant milestones, including substantial capacity expansions and improvements in operational performance, solidifying its reputation as a trusted energy supplier in the region.
DitchCarbon Score
How does Public Joint-Stock Company "Second Generating Company of the Electric Power Wholesale Market"'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
Public Joint-Stock Company "Second Generating Company of the Electric Power Wholesale Market"'s score of 26 is lower than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Public Joint-Stock Company "Second Generating Company of the Electric Power Wholesale Market"'s reported carbon emissions
In 2023, Public Joint-Stock Company "Second Generating Company of the Electric Power Wholesale Market" reported total carbon emissions of approximately 2,032,600 kg CO2e. This figure includes Scope 1 emissions of about 82,100 kg CO2e, primarily from mobile combustion, and Scope 2 emissions of approximately 3,736,220 kg CO2e, which encompasses purchased electricity and heat. Additionally, the company recorded Scope 3 emissions of around 51,400 kg CO2e, mainly from business travel. Comparatively, in 2022, the company's total emissions were about 2,961,200 kg CO2e, indicating a significant reduction in emissions year-on-year. The reduction in total emissions from 2022 to 2023 reflects a broader trend, as emissions in 2021 were approximately 4,961,300 kg CO2e. Despite these reductions, the company has not publicly committed to specific reduction targets or initiatives, as there are no documented climate pledges or SBTi (Science Based Targets initiative) targets. The absence of formal reduction commitments suggests that while the company is making progress in reducing emissions, it may not yet have established a comprehensive strategy for long-term climate action. Overall, the emissions data indicates a positive trajectory towards lower carbon outputs, but further commitments and initiatives would enhance the company's climate strategy and accountability.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 244,036,000 | 000,000,000 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 |
| Scope 2 | 2,268,659,000 | 0,000,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | 000,000 | 00,000 | 00,000 | 00,000 | 00,000 |
How Carbon Intensive is Public Joint-Stock Company "Second Generating Company of the Electric Power Wholesale Market"'s Industry?
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Public Joint-Stock Company "Second Generating Company of the Electric Power Wholesale Market"'s Scope 3 Categories Breakdown
Public Joint-Stock Company "Second Generating Company of the Electric Power Wholesale Market"'s Scope 3 emissions, which increased by 117% last year and decreased by approximately 81% since 2019, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 1% of total emissions under the GHG Protocol, with "Business Travel" representing nearly all of their reported Scope 3 footprint.
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Public Joint-Stock Company "Second Generating Company of the Electric Power Wholesale Market"'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Public Joint-Stock Company "Second Generating Company of the Electric Power Wholesale Market" has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
