Neoenergia
Neoenergia, officially known as Neoenergia S.A., is a prominent player in the Brazilian energy sector, headquartered in Brazil. Founded in 1997, the company has established itself as a leader in the generation, distribution, and commercialisation of electricity, primarily operating in key regions such as São Paulo, Bahia, and Pernambuco.
With a strong commitment to sustainability, Neoenergia focuses on renewable energy sources, including wind and solar power, setting it apart in a competitive market. The company has achieved significant milestones, including the expansion of its renewable energy portfolio, which underscores its dedication to innovation and environmental responsibility.
Recognised for its robust market position, Neoenergia has received accolades for its efforts in promoting energy efficiency and social responsibility, making it a trusted name in the Brazilian energy landscape.
+34 vs industry average
Neoenergia’s score of 70 is higher than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Electrical Machinery Manufacturing has below-average carbon intensity
Industry performance
The Electrical Machinery Manufacturing industry has reduced its overall emissions by 37% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Neoenergia's reported carbon emissions
In 2024, Neoenergia reported total greenhouse gas emissions of approximately 2.3 billion kg CO2e, comprising Scope 1 emissions of about 108.3 million kg CO2e, Scope 2 emissions of approximately 415.9 million kg CO2e, and Scope 3 emissions of around 2.0 billion kg CO2e. This data reflects a commitment to transparency and accountability in their environmental impact. Neoenergia has set ambitious climate targets, validated by the Science Based Targets initiative (SBTi), aiming for net-zero emissions by 2039. The company plans to achieve significant reductions across all scopes, targeting a reduction of up to 90% in indirect emissions (Scope 3) by 2039. Additionally, they aim to reduce Scope 1 emissions by 85.1% per MWh of energy produced by 2039, with an interim target of 73.18% by 2030. These commitments align with the Paris Agreement and demonstrate Neoenergia's proactive role in the energy transition, contributing to sustainable practices within the electric utilities sector. The emissions data and reduction targets are cascaded from their parent company, Iberdrola S.A., reinforcing their corporate responsibility towards climate action.
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Neoenergia’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Neoenergia yet.
Scope 3 top emissions categories
4 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
Inherited from Iberdrola, S.A.
UN Global Compact Climate Champions initiative
Inherited from Iberdrola, S.A.
RE 100
Climate Action 100
Inherited from Iberdrola, S.A.Emissions comparison with industry peers
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Neoenergia
Frequently asked questions
Common questions about Neoenergia’s sustainability data and climate commitments
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