Drax

Drax, headquartered in GB and operating in the Electricity nec industry, reported Scope 1 emissions of approximately 3.01 billion kg CO2e, Scope 2 emissions (location-based) of 256 million kg CO2e, and Scope 3 emissions of 18.05 billion kg CO2e in 2025. In 2024, the company's Scope 1 emissions were 266 million kg CO2e, Scope 2 emissions (location-based) were 280 million kg CO2e, and Scope 3 emissions were approximately 5.42 billion kg CO2e. For 2023, Drax reported Scope 2 emissions of 400 kg CO2e and Scope 3 emissions of 978 million kg CO2e.

Drax has set ambitious climate commitments. The company aims to achieve net zero across its Scope 1, 2, and 3 emissions by 2030, with a long-term goal of delivering removals far in excess of emissions by 2050. Specifically, Drax is targeting 8 million metric tonnes per annum of negative emissions from Bioenergy with Carbon Capture and Storage (BECCS) at Drax Power Station by 2030, which impacts Scope 1, 2, and 3 emissions.

Drax's near-term Science Based Targets initiative (SBTi) commitments, effective from a 2020 base year, include:

• A 75.7% reduction in Scope 1 and 2 greenhouse gas emissions from electricity generation per MWh by 2030. This also applies to Scope 1, 2, and 3 GHG emissions from all sold electricity.
• A 42% absolute reduction in Scope 1 and 2 GHG emissions from all other sources by 2030.
• A 42% absolute reduction in Scope 3 GHG emissions from all other sources by 2030.

The company is also committed to reducing non-generation Scope 1 and Scope 2 emissions by 42% by 2030 from a 2020 baseline. Drax aims to reduce its Scope 1 and Scope 2 emissions to near zero by 2025.