TransAlta Renewables Inc.
TransAlta Renewables Inc., a prominent player in the transmission services of electricity sector, is headquartered in Canada. Founded in 2013, the company has rapidly established itself as a leader in renewable energy, focusing on the development and operation of wind, hydro, and gas facilities across North America.
With a commitment to sustainability, TransAlta Renewables offers unique services that include the generation and transmission of clean electricity, contributing significantly to the reduction of carbon emissions. The company’s strategic investments in renewable energy projects have positioned it favourably in the market, earning recognition for its innovative approach and operational excellence.
Notable achievements include a robust portfolio of renewable assets and a strong commitment to community engagement, making TransAlta Renewables a key player in the transition to a greener energy future.
-14 vs industry average
TransAlta Renewables Inc.’s score of 11 is lower than 26% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Electricity Transmission is among the most carbon-intensive industries
Industry performance
The Electricity Transmission industry has reduced its overall emissions by 38% since 2019
Emissions trajectory 2020 – 2025
Reported emissions
Scope 3 accounts for ••• of total emissions.
TransAlta Renewables Inc.'s reported carbon emissions
TransAlta Renewables Inc., headquartered in Canada and operating in transmission services of electricity, reported Scope 1 emissions of approximately 2.2 billion kg CO2e for the year 2022. This represents a slight increase from approximately 2.1 billion kg CO2e in 2021 and 2 billion kg CO2e in 2020. For 2022, TransAlta Renewables Inc. disclosed Scope 1 and Scope 2 emissions totalling approximately 2.2 billion kg CO2e. In 2021, the combined Scope 1 and 2 emissions were approximately 2.1 billion kg CO2e, and in 2020, approximately 2.1 billion kg CO2e. The company's reporting indicates that Scope 2 emissions were 0.0 kg CO2e for these years. Scope 1 emissions were approximately 2 billion kg CO2e in 2019, 2018, and 2017. The company has indicated that Scope 3 data is not fully disclosed, with a specific mention of "fuel and energy related activities" being a missing data point. While specific reduction targets are not detailed in the provided information, the company is part of a corporate family, and its emissions data is cascaded from TransAlta Corporation, which is listed as the source for SBTi and CDP initiatives. The company's overall climate commitments would therefore be influenced by those of its parent organisation. TransAlta Renewables Inc. did not report having specific climate pledges or commitments like RE100, CA100, or The Climate Pledge directly under its own name in the provided data.
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TransAlta Renewables Inc.’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for TransAlta Renewables Inc. yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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