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.
DitchCarbon Score
How does Neoenergia'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
Neoenergia's score of 67 is higher than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Neoenergia's reported carbon emissions
In 2024, Neoenergia reported total carbon emissions of approximately 2,348,000,000 kg CO2e, with emissions distributed across all three scopes: 108,284,000 kg CO2e (Scope 1), 415,898,000 kg CO2e (Scope 2), and 2,023,488,000 kg CO2e (Scope 3). This represents a significant increase in emissions compared to 2023, where total emissions were about 1,678,035,000 kg CO2e, with Scope 1 at 104,025,000 kg CO2e, Scope 2 at 208,392,000 kg CO2e, and Scope 3 at 1,678,035,000 kg CO2e. Neoenergia has committed to achieving net-zero emissions by 2050, with targets set through the Science Based Targets initiative (SBTi). The company is currently classified as "net zero committed" and has established long-term reduction goals that encompass all scopes of emissions. This commitment reflects a proactive approach to climate action within the electric utilities sector, where Neoenergia operates. The emissions data is cascaded from Neoenergia S.A., which is a current subsidiary of Iberdrola, S.A. This relationship may influence the company's climate strategies and reporting practices. Overall, Neoenergia's emissions and climate commitments highlight its role in addressing climate change while navigating the complexities of the energy sector in Brazil.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 84,570,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 331,650,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 1,372,262,000 | 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.
Neoenergia 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.
