Good Energy

Good Energy, a distribution and trade services provider for electricity based in GB, reported a total of approximately 175,737 kg CO2e in 2023. This figure encompasses Scope 1, Scope 2, and Scope 3 emissions.

Breaking down these emissions for 2023:

• Scope 1 emissions totalled approximately 54,830 kg CO2e.
• Scope 2 emissions (location-based) were approximately 52,994 kg CO2e.
• Scope 3 emissions amounted to approximately 120,902 kg CO2e, with employee commute being the largest contributor at about 89,321 kg CO2e, followed by fuel and energy-related activities at approximately 4,936 kg CO2e, and purchased goods and services at approximately 3,604 kg CO2e. Waste generated in operations contributed approximately 670 kg CO2e, and business travel accounted for around 7,138 kg CO2e.

Looking at previous years:

• In 2022, Good Energy reported Scope 1 emissions of approximately 190 kg CO2e and Scope 3 emissions of about 102,790 kg CO2e.
• In 2021, Scope 1 emissions were around 45,161 kg CO2e, and Scope 3 emissions were approximately 116,510 kg CO2e.
• For 2020, Scope 1 emissions stood at about 45,800 kg CO2e, with Scope 3 emissions at approximately 72,230 kg CO2e.
• In 2019, Scope 1 emissions were reported as 58,950 kg CO2e, and Scope 3 emissions were approximately 314,550 kg CO2e.
• In 2018, Scope 1 emissions were around 75,340 kg CO2e, and Scope 3 emissions were approximately 476,080 kg CO2e.
• For 2017, only Scope 3 emissions data was available, totalling about 537,000 kg CO2e for employee commute.

Climate Commitments and Reduction Targets:

Good Energy has set ambitious climate targets:

• Science-Based Targets (SBTi): Good Energy commits to reducing its absolute Scope 1 and Scope 2 GHG emissions by 50% by 2030, using 2018 as the base year. They also commit to measuring and reducing their Scope 3 emissions. These targets are consistent with a 1.5°C warming scenario and were approved via a streamlined process for small and medium-sized enterprises (SMEs).
• Broader Reduction Goals: Beyond SBTi, Good Energy aims to reduce absolute Scope 1 and 2 GHG emissions by 70% by 2030, based on a 2020 baseline.
• Net Zero Ambition: The company is working towards a net-zero commitment, aiming for a real-world reduction target of 90% across its business and financed emissions by 2035. The remaining 10% of its footprint will be offset through carbon removal projects.

The company's emissions data is not cascaded from a parent organisation, and Good Energy Group PLC is identified as the source for their SBTi and RTZ initiatives.