Stedin Groep Sustainability Profile
Stedin Groep, a leading energy network company based in the Netherlands, plays a pivotal role in the energy sector. Headquartered in Rotterdam, Stedin operates primarily in the provinces of South Holland and Utrecht, providing essential services in electricity and gas distribution. Founded in 2002, the company has achieved significant milestones, including the integration of various regional networks to enhance operational efficiency. Stedin Groep is renowned for its commitment to sustainable energy solutions, focusing on the transition to renewable energy sources. Its core services include the management and maintenance of energy infrastructure, ensuring reliable supply while prioritising safety and environmental responsibility. With a strong market position, Stedin is recognised for its innovative approaches to energy distribution, contributing to the Netherlands' ambitious climate goals.
DitchCarbon Score
How does Stedin Groep'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 from Other Sources 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
Stedin Groep's score of 66 is higher than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Stedin Groep's reported carbon emissions
In 2024, Stedin Groep reported total carbon emissions of approximately 6,803,778,000 kg CO2e, with emissions distributed across various scopes: 102,650,000 kg CO2e (Scope 1), 192,000 kg CO2e (Scope 2), and 6,701,936,000 kg CO2e (Scope 3). In 2023, the total emissions were slightly lower at about 6,762,841,000 kg CO2e, with Scope 1 emissions at 96,367,000 kg CO2e, Scope 2 at 746,000 kg CO2e, and Scope 3 at 6,665,728,000 kg CO2e. Stedin Groep has set ambitious climate commitments, aiming for a 90% reduction in absolute Scope 1, 2, and 3 greenhouse gas emissions by 2050, using 2021 as the baseline year. Additionally, they have established near-term targets to reduce these emissions by 42.69% by 2030. Significant investments of €8 billion are planned to support these initiatives, which include connecting approximately 251,000 new homes and adding 350,000 electric vehicle charging points by 2030. The company is committed to achieving net-zero emissions across its value chain by 2050, aligning with the Science Based Targets initiative (SBTi) standards. These targets reflect Stedin Groep's proactive approach to addressing climate change and reducing its carbon footprint in the energy sector.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 119,707,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 000,000,000 |
| Scope 2 | 508,989,000 | 000,000,000 | 0,000,000 | 000,000,000 | 000,000 | 000,000 |
| Scope 3 | 231,732,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is Stedin Groep's Industry?
How Carbon Intensive is Stedin Groep's Location?
Stedin Groep's Scope 3 Categories Breakdown
Stedin Groep's Scope 3 emissions, which increased by 3% last year and increased by approximately 50% since 2019, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 77% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 51% of Scope 3 emissions.
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Stedin Groep'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.
Stedin Groep 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.
Frequently Asked Questions
Common questions about Stedin Groep's sustainability data and climate commitments