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 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 73 is higher than 99% 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 14,580,000,000 kg CO2e, comprising 1,458,000,000 kg CO2e from Scope 1, 233,000,000 kg CO2e from Scope 2, and about 9,541,000,000 kg CO2e from Scope 3 emissions. In 2023, the company emitted around 4,276,000,000 kg CO2e in Scope 1, 288,000,000 kg CO2e in Scope 2, and approximately 8,063,000,000 kg CO2e in Scope 3. EDP has set ambitious climate commitments, aiming to achieve 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 by 95% per MWh generated by 2030, and to cut Scope 1 and 3 emissions from sold electricity by 80% per MWh by the same year. Additionally, EDP plans to reduce absolute Scope 3 emissions from the use of sold products by 45% by 2030. For Scope 1 emissions, EDP aims for a 65% reduction from a 2021 baseline by 2030, while Scope 2 emissions are targeted for a 50% reduction from the same baseline. The company also intends to achieve near-zero emissions for both Scope 1 and Scope 2 by 2025. Overall, EDP's climate strategy reflects a strong commitment to sustainability and significant reductions in carbon emissions, aligning with global climate goals.
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| 2005 | 2006 | 2007 | 2008 | 2009 | 2012 | 2013 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | - | 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 | 0,000,000,000 |
| Scope 2 | - | - | - | - | 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 | 000,000,000 | 000,000,000 |
| Scope 3 | 4,346,000,000 | 0,000,000,000 | 0,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 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 |
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 participating in some of the initiatives that 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.
