Toronto Hydro Corporation Sustainability Profile
Toronto Hydro Corporation, headquartered in Toronto, Canada, is a leading utility provider in the electricity distribution sector. Established in 1998, the company has grown to serve over 750,000 customers across the Greater Toronto Area, making it a pivotal player in the region's energy landscape. Specialising in the distribution of electricity, Toronto Hydro is committed to delivering reliable power while prioritising sustainability and innovation. The company offers a range of services, including energy efficiency programs and smart grid technology, which enhance the customer experience and promote environmental stewardship. Recognised for its commitment to safety and operational excellence, Toronto Hydro has achieved significant milestones, including advancements in renewable energy integration. As a trusted utility provider, it continues to play a crucial role in shaping Toronto's energy future.
DitchCarbon Score
How does Toronto Hydro Corporation'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
Toronto Hydro Corporation's score of 18 is lower than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Toronto Hydro Corporation's reported carbon emissions
In 2018, Toronto Hydro Corporation reported total carbon emissions of approximately 36,875,000 kg CO2e. This figure includes about 2,335,000 kg CO2e from Scope 1 emissions, primarily from mobile combustion, and about 24,700,000 kg CO2e from Scope 2 emissions related to purchased electricity. Over the previous years, emissions have shown a downward trend, with 2017 emissions at approximately 37,467,000 kg CO2e and 2016 at about 40,318,000 kg CO2e. Despite these reductions, Toronto Hydro has not publicly disclosed specific reduction targets or commitments under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of detailed climate commitments suggests a need for further transparency in their sustainability strategy. Overall, Toronto Hydro's emissions data reflects a commitment to monitoring and potentially reducing their carbon footprint, although specific initiatives or targets have not been outlined.
How Carbon Intensive is Toronto Hydro Corporation's Industry?
How Carbon Intensive is Toronto Hydro Corporation's Location?
Toronto Hydro Corporation'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.
Toronto Hydro Corporation 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.
