Public Power Corporation S.A. Sustainability Profile
Public Power Corporation S.A. (PPC) is Greece's leading electricity provider, headquartered in Athens. Established in 1950, PPC has played a pivotal role in the country's energy sector, focusing on the generation, distribution, and supply of electricity. With a significant presence across Greece, the company operates numerous power plants and is a key player in the transition towards renewable energy sources. PPC's core services include electricity generation from lignite, natural gas, and renewables, making it unique in its commitment to sustainability and innovation. The corporation has achieved notable milestones, including substantial investments in green energy projects, positioning itself as a frontrunner in the Greek energy market. With a strong market presence and a dedication to enhancing energy efficiency, Public Power Corporation continues to shape the future of energy in Greece.
DitchCarbon Score
How does Public Power Corporation S.A.'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 Power Corporation S.A.'s score of 46 is higher than 64% 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 Power Corporation S.A.'s reported carbon emissions
In 2024, Public Power Corporation S.A. (PPC) reported total carbon emissions of approximately 21,552,658,870 kg CO2e. This includes Scope 1 emissions of about 10,528,802,990 kg CO2e, Scope 2 emissions of approximately 2,522,160,180 kg CO2e (market-based), and Scope 3 emissions totalling around 8,501,695,640 kg CO2e. The company has set ambitious climate commitments, aiming for a 15% reduction in Scope 1 and Scope 2 emissions by 2024, and a significant reduction of 73.7% in Scope 1 and 2 emissions per MWh generated by 2030, based on 2021 levels. PPC is also committed to achieving net-zero greenhouse gas emissions across its value chain by 2040. This includes long-term targets of reducing Scope 1 and 2 emissions by 98.6% per MWh generated and Scope 3 emissions from fuel and energy-related activities by 98.4% per MWh sold by 2040. Additionally, the company aims to reduce all other absolute Scope 3 emissions by 90% within the same timeframe. These targets align with the Science Based Targets initiative (SBTi) and reflect PPC's commitment to meeting EU climate goals, including a 55% reduction in emissions by 2030 and achieving net-zero by 2050.
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| 2012 | 2013 | 2014 | 2021 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 47,598,000,000 | 00,000,000,000 | 00,000,000,000 | 0,000 | 00,000,000,000 |
| Scope 2 | - | - | - | 00,000 | 0,000,000,000 |
| Scope 3 | - | 000,000 | 000,000 | - | 0,000,000,000 |
How Carbon Intensive is Public Power Corporation S.A.'s Industry?
How Carbon Intensive is Public Power Corporation S.A.'s Location?
Public Power Corporation S.A.'s Scope 3 Categories Breakdown
Public Power Corporation S.A.'s Scope 3 emissions, which increased significantly last year and increased significantly since 2013, demonstrating supply chain emissions tracking. A significant portion of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 39% of total emissions under the GHG Protocol, with "Fuel and Energy Related Activities" being the largest emissions source at 50% of Scope 3 emissions.
Top Scope 3 Categories
Public Power Corporation S.A.'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 Power Corporation S.A. has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
