- Climate risk (changing regulations, market fundamentals, operational disruptions)
- Political and regulatory uncertainties (government net-zero goals, economic uncertainties)
- Market volatility and operational disruption (power and natural gas price volatility, extreme weather)
- Growth execution (acquisitions, developments, investments)
- Supply chain challenges (availability, extended lead times)
Capital Power Corporation
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Capital Power Corporation disclosed greenhouse gas emissions of 16.2 MtCO2e. By scope: Scope 1: 16.2 MtCO2e; Scope 2: 32.9K tCO2e; Scope 3: 2.59 MtCO2e. 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
16.2 MtCO2e
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 16.2 MtCO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 32.9K tCO2e |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 2.59 MtCO2e |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 16.2 MtCO2e |
| 2022 | 15.9M tCO2e/year |
| 2018 | 11.0M tCO2e (Scope 1) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Completed upgrades to Genesee Unit 3, enabling 100% natural gas use (reducing coal usage)
- Secured 1 GW supply of responsibly produced, ultra-low carbon thin film solar modules from First Solar
- Reduced Scope 1 emission intensity by 0.48 tonnes CO2e/MWh
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce Scope 1 emissions at Genesee by 50% by 2030 from 2005 levels
- Reduce Scope 1 emissions by 10% by 2030 from 2005 levels (based on 2019 fleet)
📅 Medium-term
- Reduce Scope 1 emission intensity by 65% by 2030 from 2005 levels
🔭 Long-term
- Net zero emissions by 2045
🌱 ESG Focus Areas
Climate ChangeDiversity & InclusionHealth, Safety, Security and EnvironmentCommunity EngagementIndigenous Relations