Vistra

Vistra Corp., headquartered in Hong Kong and operating within the retail trade services sector, has set ambitious climate commitments. For the year 2024, Vistra reported a total of approximately 105.1 billion kg CO2e across Scopes 1, 2, and 3. This includes Scope 1 emissions of about 86.2 billion kg CO2e, Scope 2 emissions (market-based) of approximately 165.3 million kg CO2e, and Scope 3 emissions totalling about 18.7 billion kg CO2e.

Previously, in 2023, Vistra's total emissions were around 88.2 billion kg CO2e, comprising approximately 86.3 billion kg CO2e for Scope 1 and about 216.5 million kg CO2e for Scope 2. Scope 3 emissions for that year were reported at approximately 1.85 billion kg CO2e.

Vistra has committed to significant emissions reductions. Key targets include a 58% reduction in absolute Scope 1 and 2 greenhouse gas (GHG) emissions by 2028, using a 2018 baseline. This target is validated by the Science Based Targets initiative (SBTi) and is considered consistent with a 1.5°C warming scenario. Furthermore, Vistra aims for a 42% reduction in absolute Scope 3 GHG emissions from the use of sold products within the same timeframe.

Looking towards the long term, Vistra has a goal to achieve net-zero carbon emissions by 2050, contingent on technological advancements and supportive market conditions and public policy. The company has also previously committed to a 60% reduction in Scope 1 and 2 CO2 equivalent emissions by 2030, compared to a 2010 baseline. Vistra has actively retired approximately 13,000 MW of coal and gas plants since 2010, which has significantly contributed to their emissions reduction progress.