Hydro One
Hydro One Inc., commonly referred to as Hydro One, is a leading electricity transmission and distribution company headquartered in Ontario, Canada. Established in 1906, Hydro One has grown to become a pivotal player in the North American energy sector, primarily serving the province of Ontario and surrounding regions. The company focuses on delivering reliable electricity services, operating an extensive network of transmission lines and distribution systems. Hydro One is renowned for its commitment to innovation and sustainability, offering unique solutions that enhance grid resilience and support renewable energy integration. With a strong market position, Hydro One has achieved significant milestones, including advancements in smart grid technology and customer service enhancements. As a trusted provider, Hydro One continues to play a crucial role in powering communities and driving economic growth across Ontario.
DitchCarbon Score
How does Hydro One'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
Hydro One's score of 18 is higher than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Hydro One's reported carbon emissions
In 2023, Hydro One reported total carbon emissions of approximately 339,286,000 kg CO2e, comprising 129,994,000 kg CO2e from Scope 1 and 209,292,000 kg CO2e from Scope 2 emissions. This reflects a commitment to monitoring and managing their carbon footprint, particularly in the context of Ontario's electricity generation. Over the years, Hydro One has demonstrated a focus on reducing emissions. In 2022, their total emissions were about 357,671,000 kg CO2e, with Scope 1 emissions at 149,995,000 kg CO2e and Scope 2 emissions at 202,576,000 kg CO2e. This indicates a slight reduction in emissions from 2022 to 2023. Hydro One's emissions data from previous years shows a trend of managing their carbon output, with Scope 1 emissions peaking at 184,956,000 kg CO2e in 2020 and gradually decreasing to 129,994,000 kg CO2e in 2023. Scope 2 emissions also saw fluctuations, with a high of 209,292,000 kg CO2e in 2023. Despite the absence of specific reduction targets or initiatives outlined in their recent reports, Hydro One's ongoing efforts to track and report emissions reflect a commitment to sustainability and climate responsibility within the energy sector in Canada. The company continues to align its operations with industry standards for greenhouse gas emissions management, contributing to the broader goal of reducing carbon emissions in the electricity generation sector.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 119,455,000 | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 166,145,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 1,020,000 | - | - | 0,000,000 | 0,000,000 | - |
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.
Hydro One 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.
