Cpfl Energia

CPFL Energia, an electricity company based in Brazil, reported a total of approximately 757.5 billion kg CO2e in emissions across Scopes 1, 2, and 3 for the year 2023. This figure is derived from Scope 1 emissions of approximately 231.1 billion kg CO2e, Scope 2 emissions of approximately 218.6 billion kg CO2e, and Scope 3 emissions of approximately 307.7 billion kg CO2e.

In 2022, CPFL Energia's total emissions amounted to approximately 692.4 billion kg CO2e, comprising Scope 1 emissions of around 127.6 billion kg CO2e, Scope 2 emissions of about 250.1 billion kg CO2e, and Scope 3 emissions of approximately 314.8 billion kg CO2e.

CPFL Energia is committed to significant emissions reductions. The company aims to be carbon neutral and has updated its ESG 2030 Plan to include a commitment to reduce its total emissions (Scopes 1, 2, and 3) by 56% by 2030, compared to a 2021 base year. This target was reported as being on track for the five-year projection.

Further demonstrating their climate ambitions, CPFL Energia has set Science Based Targets initiative (SBTi) near-term targets. They commit to reducing all other absolute Scope 1 and Scope 2 greenhouse gas (GHG) emissions by 56.3% by 2030 from a 2021 base year. Additionally, CPFL Energia commits to reducing Scope 1 GHG emissions from electricity and heat generation by 90% per MWh by 2030, also from a 2021 base year. Scope 1 and 3 GHG emissions from fuel and energy-related activities covering all sold electricity are targeted for an 87% reduction per MWh by 2030. The company also commits to reducing all other absolute Scope 3 GHG emissions by 36% within the same timeframe. These SBTi targets covering Scopes 1 and 2 are consistent with reductions required to keep warming to 1.5°C.