Energinet

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2022, 2021

In its 2023 reporting, Energinet disclosed greenhouse gas emissions of 462.5K tCO2e/year. By scope: Scope 1: 38.6K tCO2e/year; Scope 2: 152.2K tCO2e/year; Scope 3: 270.3K tCO2e/year (cost-based). Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

💨
GHG Emissions
462.5K tCO2e/year
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).38.6K tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.152.2K tCO2e/year
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).270.3K tCO2e/year (cost-based)

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
2023462.5K tCO2e/year
2022447.6K tCO2e/year
2021518.3K tCO2e/year (2021)

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Reduce methane gas emissions by 10% in 2025 for the gas transmission grid.
  • Reduce methane gas emissions by 45% in 2025 for gas storage facilities.
  • Utilize, reuse, or recycle 90% of waste by 2025.
  • Energinet's business administration to be carbon-neutral by 2030.
  • Energinet's passenger transport to be carbon-neutral by 2025.

📅 Medium-term

  • Reduce methane gas emissions by 60% in 2030 for the gas transmission grid.
  • Reduce methane gas emissions by 70% in 2030 for gas storage facilities.
  • Energy consumption for the transmission grid to be carbon-neutral by 2030.
  • Transmission losses in the electricity transmission grid to be carbon-neutral by 2030.
  • Achieve an overall gender distribution of 40%/60% by 2030.

🔭 Long-term

  • Be climate-neutral by 2045 for scopes 1, 2, and 3.
  • Phase out all SF6 gas by 2050.

🌱 ESG Focus Areas

Climate ChangeBiodiversityCircular EconomySocial ConditionsGovernance

⚠️ Challenges & Risks +

  • Health and safety risks due to infrastructure expansion and increased project volume.
  • Supply chain bottlenecks for critical components due to high global demand.
  • New and comprehensive sustainability reporting requirements (CSRD and EU Taxonomy).

📋 Report Information

Reporting Period: 2023
Frameworks: UN Global Compact, EU Taxonomy Regulation, CSRD