Overview
- Location
Portugal
- Sector
Electric Utilities
- Organisation type
- Business
Company Information
DP – Energias de Portugal, S.A. (EDP) is a publicly listed, multinational vertically integrated utility company, headquartered in Lisbon, Portugal. In 2021, EDP - Energias de Portugal S.A. reported a total of 12,236 employees and a total revenue of 18.1 billion Euro.*
Our progress towards decarbonization
GHG Emissions
North Star
- EDP - Energias de Portugal S.A. has a target to reduce intensity of scopes 1 and 2 CO2e emissions 98% per megawatt hour (MWh) by 2030 from a base year of 2015
Pledge: Have an officially validated short-medium term science-based GHG emissions reduction targets aligned with a 1.5°C scenario (scope 1+2) in line with the SBTi Criteria and Recommendations
MRV: Pact MRV in place
Status date: Submitted (01/08/2022)
Data source: CDP Climate Change 2022
How we want to achieve this – our roadmap
- Join the Business Ambition for 1.5°C and publicly commit to have a long-term science-based target to reach net-zero value chain GHGs emissions by no later than 2050 in line with the SBTi Net-Zero Standard
- Have an internal price on carbon
- Have an initiative in place to drive GHG emissions reduction through energy efficiency in production processes
- Have an initiative in place to drive GHG emissions reduction through low-carbon energy generation
- Have scope 1+2+3 GHG emissions verified through a third party verification or assurance process
MRV: Pact MRV in place
Status date: Submitted (01/08/2022)
Data source: CDP Climate Change 2022
Water
Our actions – the Pathway
- Have an internal price on water
- Engage our suppliers to report on their water use, risks and/or management information
- Publicly disclose data on water-related impact to investors through a public platform
- Have board-level oversight of water issues
- Integrate water-related issues into the company's financial planning
- Integrate water-related issues into the company's long-term business objectives
- Integrate water-related issues into the company's strategy to achieve long-term business objectives
- Regularly monitor and measure key water security metrics at least for 75% of the company's facilities
MRV: Pact MRV in place
Status date: Submitted (01/08/2022)
Data source: CDP Water 2022
Governance & Strategy
Our actions – the Pathway
- Publicly disclose climate and environmental data to investors and customers through a public platform
- Have board-level oversight of climate-related issues
- Have a process for identifying, assessing, and responding to climate-related risks and opportunities
- Have an employee engagement strategy to support and contribute to achieving the company's climate and environmental goals
MRV: Pact MRV in place
Status date: Submitted (01/08/2022)
Data source: CDP Climate Change 2022
Value chain engagement
Our actions – the Pathway
- Have an ongoing and transparent dialogue with our value chain around climate-related issues
- Have a supplier/customer engagement strategy to drive best practices in tackling environmental and climate-related issues
MRV: Pact MRV in place
Status date: Submitted (01/08/2022)
Data source: CDP Climate Change 2022