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European Climate Pact

Overview

Location

Spain

Sector

Electric utilities

Organisation type
Business

Company Information

Endesa is a publicly listed energy (electricity and gas) utility company headquartered in Enferrada, Spain. In 2021 it reported a total of 9,258 employees and a revenue of 1 billion Euro.*

*Source

Our progress towards decarbonization

 

GHG Emissions

Our actions – the Pathway

  • Endesa has a target to reduce absolute scope 1 CO2e emissions 100% by 2040 from a base year of 2017. Endesa has a target to reduce intensity of scope 1 CO2e emissions 80% per megawatt hour (MWh) by 2030 from a base year of 2017

MRV: Pact MRV in place

Status date: Submitted (29/07/2022)

Data source: CDP Climate Change 2022

How we want to achieve this – our roadmap

  • Have an internal price on carbon 
  • Have an initiative in place to drive GHG emissions reduction through low-carbon energy generation
  • Have scope 1+2 GHG emissions verified through a third party verification or assurance process 

MRV: Pact MRV in place

Status date: Submitted (29/07/2022)

Data source: CDP Climate Change 2022

 

Water

Our actions – the Pathway

  • 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
  • Provide C-suite incentives for the management of water related issues
  • 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 (29/07/2022)

Data source: CDP Water 2022

 

Governance & Strategy

North Star

  • Endesa have a publicly available 1.5°C aligned low-carbon transition plan

MRV: Pact MRV in place

Status date: Submitted (29/07/2022)

Data source: CDP Climate Change 2022

How we want to achieve this – our roadmap

  • 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 (29/07/2022)

Data source: CDP Climate Change 2022

 

Value chain engagement

Our actions – the Pathway

  • 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 (29/07/2022)

Data source: CDP Climate Change 2022


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