Edp
EDP, or Energias de Portugal, is a leading player in the global energy sector, headquartered in Lisbon, Portugal. Founded in 1976, the company has established a strong presence in Europe, North America, and Brazil, focusing on renewable energy, electricity distribution, and natural gas. EDP is renowned for its commitment to sustainability, with a significant portion of its energy generation coming from wind and solar sources. The company has achieved notable milestones, including a substantial reduction in carbon emissions and a strategic shift towards green energy solutions. EDP's core services encompass electricity generation, distribution, and retail, distinguished by innovative technologies and a customer-centric approach. As a prominent advocate for clean energy, EDP continues to enhance its market position, earning recognition for its efforts in promoting a sustainable energy future.
DitchCarbon Score
How does Edp's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Edp's score of 50 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Edp's reported carbon emissions
In 2023, EDP Energias de Portugal reported total carbon emissions of approximately 5,015,000 kg CO2e in Portugal, with scope 1 emissions at about 699,500 kg CO2e and scope 2 emissions at approximately 215,000 kg CO2e. The company is committed to achieving net-zero greenhouse gas emissions across its value chain by 2040, using 2020 as the base year. EDP has set ambitious near-term targets, aiming to reduce scope 1 and 2 GHG emissions by 95% per MWh generated by 2030. Additionally, it plans to cut scope 1 and 3 emissions from all sold electricity by 80% per MWh by the same year. The company also targets a 45% reduction in absolute scope 3 emissions from the use of sold products and all other absolute scope 3 emissions by 2030. For long-term goals, EDP aims for a 96% reduction in scope 1 and 2 emissions per MWh generated by 2040, alongside a 95% reduction in scope 1 and 3 emissions from sold electricity. Furthermore, it seeks to achieve a 90% reduction in absolute scope 3 emissions from the use of sold products and all other absolute scope 3 emissions by 2040. These commitments reflect EDP's proactive approach to addressing climate change and reducing its carbon footprint in the energy sector.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2007 | 2009 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 23,422,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 24,476,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000 | 000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 23,155,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 0,000,000,000 | 00,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Edp is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
