Rio Paranapanema Energia S.A. Sustainability Profile
Rio Paranapanema Energia S.A., commonly referred to as Paranapanema Energia, is a prominent player in Brazil's energy sector, headquartered in São Paulo. Founded in 2000, the company has established itself as a key provider of renewable energy solutions, primarily focusing on hydroelectric power generation across the Paranapanema River basin and other strategic regions. With a commitment to sustainability, Rio Paranapanema Energia offers unique services that include the operation and maintenance of hydroelectric plants, contributing significantly to Brazil's energy matrix. The company has achieved notable milestones, including the successful implementation of innovative technologies that enhance energy efficiency and environmental stewardship. As a leader in the renewable energy industry, Rio Paranapanema Energia continues to strengthen its market position through strategic partnerships and a dedication to sustainable practices.
DitchCarbon Score
How does Rio Paranapanema Energia 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 Distribution 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
Rio Paranapanema Energia S.A.'s score of 22 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Rio Paranapanema Energia S.A., headquartered in Brazil, currently does not report specific carbon emissions data for the most recent year, as indicated by the absence of emissions figures. The company is a current subsidiary of China Three Gorges Brasil Energia S.A., which may influence its climate strategies and performance metrics. Despite the lack of direct emissions data, Rio Paranapanema Energia S.A. is part of a broader corporate family that may have established climate commitments and reduction initiatives. However, no specific reduction targets or climate pledges have been documented for Rio Paranapanema Energia S.A. itself. As a subsidiary, it is essential to consider the potential cascading effects of climate initiatives from its parent company, China Three Gorges Brasil Energia S.A., which may have its own emissions reduction strategies and commitments. The absence of specific data highlights the need for transparency and accountability in corporate climate actions, particularly in the energy sector, where emissions management is critical for sustainability. In summary, while Rio Paranapanema Energia S.A. does not currently provide emissions data or specific climate commitments, its affiliation with China Three Gorges Brasil Energia S.A. suggests a potential alignment with broader industry standards and practices regarding carbon emissions and climate action.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 1,113,300 | 000,000 | 000,000 |
| Scope 2 | 219,600 | 000,000 | 000,000 |
| Scope 3 | 528,200 | 000,000 | 000,000 |
How Carbon Intensive is Rio Paranapanema Energia S.A.'s Industry?
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Rio Paranapanema Energia 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.
Rio Paranapanema Energia S.A. 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.
