Drax

Drax, headquartered in the UK and operating in the Electricity nec industry, reported its Scope 1, 2, and 3 emissions for 2025 as approximately 3.01 billion kg CO2e, 256 million kg CO2e, and 18.05 billion kg CO2e, respectively. In 2024, the company's Scope 1 emissions were around 266 million kg CO2e, Scope 2 (location-based) were 280 million kg CO2e, and Scope 3 emissions totalled approximately 5.42 billion kg CO2e. For 2023, Drax reported total emissions of about 4 billion kg CO2e, comprising approximately 300 million kg CO2e for Scope 1, 231 million kg CO2e for Scope 2 (location-based), and 3.5 billion kg CO2e for Scope 3.

Drax has set ambitious climate commitments. The company aims for net zero across all Scope 1, 2, and 3 emissions by 2030, with a long-term goal to deliver removals far in excess of emissions by 2050. Specifically, Drax targets a 75.7% reduction in Scope 1 and 2 emissions from electricity generation by 2030, against a 2020 baseline. For non-generation activities, the company aims for a 42% reduction in Scope 1 and 2 emissions by 2030, and a 42% reduction in Scope 3 emissions by 2030, both against a 2020 baseline. Drax is also developing options for Bioenergy with Carbon Capture and Storage (BECCS) at Drax Power Station, targeting 8 million tonnes per annum of negative emissions by 2030. The company has a validated 2040 net zero target.