Edp Sustainability Profile
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 Electricity Transmission 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 74 is higher than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Edp's reported carbon emissions
In 2024, EDP (Energias de Portugal) reported total carbon emissions of approximately 11.2 billion kg CO2e, comprising 1.5 billion kg CO2e from Scope 1, 233 million kg CO2e from Scope 2, and about 9.5 billion kg CO2e from Scope 3 emissions. This represents a significant reduction from 2023, where total emissions were approximately 12.6 billion kg CO2e, with Scope 1 emissions at 4.3 billion kg CO2e, Scope 2 at 288 million kg CO2e, and Scope 3 at 8.1 billion kg CO2e. EDP has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across its value chain by 2040, with a baseline year of 2020. The company has established near-term targets to reduce Scope 1 and 2 emissions intensity by 95% per MWh generated by 2030. Additionally, it aims to cut Scope 1 and 3 emissions from sold electricity by 80% per MWh by 2030, and reduce absolute Scope 3 emissions from the use of sold products by 45% during the same period. Long-term targets include a 96% reduction in Scope 1 and 2 emissions per MWh generated by 2040, and a 90% reduction in absolute Scope 3 emissions from the use of sold products by 2040. These targets align with the Science Based Targets initiative (SBTi) and are designed to support the global effort to limit warming to 1.5°C. EDP's commitment to sustainability is further underscored by its membership in initiatives such as the Business Ambition for 1.5°C and the RE100, which promotes the transition to renewable energy.
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Access structured emissions data, company-specific emission factors, and source documents
| 2009 | 2012 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 11,068,300,000 | - | 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 | 0,000,000,000 |
| Scope 2 | 8,932,200,000 | 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 | 22,131,700,000 | 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 | 0,000,000,000 |
How Carbon Intensive is Edp's Industry?
How Carbon Intensive is Edp's Location?
Edp's Scope 3 Categories Breakdown
Edp's Scope 3 emissions, which increased by 18% last year and decreased by approximately 57% since 2009, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Use of Sold Products" being the primary emissions source at 9% of Scope 3 emissions.
Top Scope 3 Categories
Edp's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Edp has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Frequently Asked Questions
Common questions about Edp's sustainability data and climate commitments