Vistra

Vistra's reported carbon emissions

Vistra, operating within the retail trade services sector (excluding motor vehicles and motorcycles; repair of personal and household goods), based in Hong Kong, reported significant carbon emissions across Scopes 1, 2, and 3. For the 2024 reporting year, Vistra's total emissions amounted to approximately 105.8 billion kg CO2e. This includes Scope 1 emissions of about 86.2 billion kg CO2e and Scope 2 emissions, with market-based figures at approximately 165.3 million kg CO2e and location-based figures at around 214.6 million kg CO2e. Notable Scope 3 emissions include fuel and energy-related activities at approximately 18.7 billion kg CO2e, use of sold products at about 1.9 billion kg CO2e, and waste generated in operations at roughly 86.3 million kg CO2e. In 2023, total emissions were approximately 88.5 billion kg CO2e, comprising Scope 1 emissions of about 86.3 billion kg CO2e and Scope 2 emissions of approximately 216.5 million kg CO2e (market-based). Scope 3 emissions for use of sold products were around 1.9 billion kg CO2e. Vistra has established ambitious climate commitments. The company is committed to reducing absolute Scope 1 and 2 greenhouse gas (GHG) emissions by 58% by 2028, using a 2018 baseline. Furthermore, Vistra has validated Science Based Targets (SBTi) to reduce absolute Scope 1 and 2 GHG emissions by 58% by 2028 from a 2018 base year. They also commit to reducing absolute Scope 1 and 3 GHG emissions from all sold electricity by 58% within the same timeframe, and absolute Scope 3 GHG emissions from the use of sold products by 42% by 2028. A long-term aspiration is to achieve net-zero carbon emissions by 2050, contingent on technological advancements and supportive market and policy environments. Vistra has a prior target to achieve a 60% reduction in Scope 1 and Scope 2 CO2 equivalent emissions by 2030, compared to a 2010 baseline. The company has also made progress through retiring approximately 13,000 MW of coal and gas plants since 2010, contributing significantly to emissions reductions.