Toronto Hydro-Electric System Limited
Toronto Hydro-Electric System Limited, commonly referred to as Toronto Hydro, is a leading utility company headquartered in Toronto, Canada. Established in 1998, it has become a cornerstone of the region's energy sector, providing reliable electricity distribution and innovative energy solutions to over 750,000 customers across the Greater Toronto Area. Specialising in electricity distribution, Toronto Hydro is committed to enhancing energy efficiency and sustainability. The company offers a range of services, including smart metering, energy conservation programmes, and renewable energy integration, setting it apart in the competitive utility landscape. With a strong focus on customer service and technological advancement, Toronto Hydro has earned recognition for its efforts in modernising the electrical grid and promoting green energy initiatives, solidifying its position as a trusted leader in the industry.
DitchCarbon Score
How does Toronto Hydro-Electric System Limited'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-Electric System Limited's score of 18 is higher than 74% 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-Electric System Limited's reported carbon emissions
In 2023, Toronto Hydro-Electric System Limited reported total carbon emissions of approximately 22,823,000 kg CO2e. This figure includes 4,953,000 kg CO2e from Scope 1 emissions, which encompass direct emissions from mobile and stationary combustion sources, and 17,729,000 kg CO2e from Scope 2 emissions, primarily related to purchased electricity. Notably, there were no reported Scope 3 emissions. Despite the significant emissions figures, there are currently no publicly disclosed reduction targets or climate pledges from Toronto Hydro. The absence of specific initiatives or commitments highlights a potential area for improvement in their climate strategy. As a key player in the energy sector, Toronto Hydro's future commitments and actions will be crucial in addressing climate change and reducing their carbon footprint.
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| 2023 | |
|---|---|
| Scope 1 | 4,953,000 |
| Scope 2 | 17,729,000 |
| Scope 3 | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Toronto Hydro-Electric System Limited is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
