Edp Renovaveis
EDP Renewables, commonly referred to as EDPR, is a leading global player in the renewable energy sector, headquartered in Spain (ES). Founded in 2007, the company has rapidly expanded its operations across Europe, North America, and South America, establishing a strong presence in key markets. Specialising in the development, construction, and management of wind and solar energy projects, EDPR is committed to sustainability and innovation. Its unique approach combines advanced technology with a focus on environmental stewardship, positioning the company as a pioneer in the transition to clean energy. With a robust portfolio of renewable assets and a commitment to achieving carbon neutrality, EDPR has garnered recognition for its significant contributions to the industry, making it a prominent force in the global renewable energy landscape.
DitchCarbon Score
How does Edp Renovaveis'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 Electrical Machinery Manufacturing 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 Renovaveis's score of 60 is higher than 78% 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 Renovaveis's reported carbon emissions
In 2023, EDP Renováveis reported total carbon emissions of approximately 9,000,000,000 kg CO2e, with emissions distributed across various scopes: 372,000,000 kg CO2e (Scope 1), 222,000,000 kg CO2e (Scope 2), and 8,063,000,000 kg CO2e (Scope 3). This represents a significant reduction from 2022, where total emissions were about 9,279,000,000 kg CO2e, with Scope 1 emissions at 2,223,000,000 kg CO2e and Scope 2 at 223,000,000 kg CO2e. EDP Renováveis has committed to achieving net-zero emissions by 2050, aligning with the Science Based Targets initiative (SBTi). The company is actively working towards this goal, having established long-term reduction targets that encompass all scopes of emissions. Their commitment reflects a proactive approach to climate action within the electric utilities sector, which is crucial for mitigating climate change impacts. The company's emissions intensity for Scope 1 and 2 combined is reported at 0.084 kg CO2e per kWh, indicating a focus on improving operational efficiency and reducing carbon footprints. EDP Renováveis continues to enhance its sustainability practices, aiming to lead in the transition to renewable energy sources while addressing its carbon emissions comprehensively.
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| 2015 | 2018 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 2,307,000 | 0,000,000 | 0,000,000,000 | 000,000,000 |
| Scope 2 | 25,765,000 | 00,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 5,168,000 | 0,000,000 | 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 Renovaveis 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.
