ACWA Power Company

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2022, 2020, 2015, 2014

In its 2023 reporting, ACWA Power Company disclosed greenhouse gas emissions of 64.82 million tCO2e (total portfolio). By scope: Scope 1: 63.75 million tCO2e (total portfolio); Scope 2: 1.06 million tCO2e (total portfolio). 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
64.82 million tCO2e (total portfolio)
2023
⚡
Renewable Energy
44.5% of total power capacity
of total energy
💧
Water Usage
1.5B m3 (total consumption)
2023
♻️
Waste
32.6K tons/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).63.75 million tCO2e (total portfolio)
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.1.06 million tCO2e (total portfolio)

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
202364.82 million tCO2e (total portfolio)
202274.9 million tonnes CO2 (portfolio); 31.8 million tonnes CO2 (ACWA Power share)
202065.95 million tons (total); 24 million tons (ACWA Power's share)
201553.2K ktCO2e (ACWA Power's share: 15963 ktCO2e)
201448.2K ktCO2 (15520 ktCO2 ACWA Power's share)

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 water consumption

📅 Medium-term

  • Achieve 50/50 green-brown ratio by 2030
  • Reduce GHG emissions intensity by 50% by 2030 (relative to 2020)

🔭 Long-term

  • Achieve net zero emissions by 2050

🌱 ESG Focus Areas

Climate changeWaterHealth and safetyGovernance

⚠️ Challenges & Risks +

  • Supply chain disruptions
  • Geopolitical tensions
  • Increased costs (commodities)
  • Inflation risk
  • Climate-related risks (physical and transition)
  • Maintaining high safety standards across diverse operations.

📋 Report Information

Reporting Period: 2023
Frameworks: GRI (2021), SASB, TCFD, UNGC
Assurance: KPMG Professional Services (limited assurance for selected indicators)