Toronto Hydro Corporation

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2022🗂️ Report periods on file: 2022

In its 2022 reporting, Toronto Hydro Corporation disclosed greenhouse gas emissions of 22.3K tCO2e/year. By scope: Scope 1: 6.1K tCO2e/year; Scope 2: 16.0K tCO2e/year. 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
22.3K tCO2e/year
2022
💧
Water Usage
18.6K m3/year
2022
♻️
Waste
3.5K tons/year
2022
⚙️
Energy Use
102.9K GJ/year
2022

📊 Emissions by Scope (2022)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).6.1K tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.16.0K tCO2e/year

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

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

📅 Medium-term

  • Net-zero Scope 1 GHG emissions by 2040

🔭 Long-term

  • Net-zero Scope 1 GHG emissions by 2040

🌱 ESG Focus Areas

Climate Change ResilienceService ReliabilityAffordabilityEquity, Diversity and InclusionHealth, Safety and WellnessTransportation ElectrificationEthics and IntegrityGreenhouse Gas Emissions

⚠️ Challenges & Risks +

  • Climate-related extreme weather events impacting the electricity distribution system
  • Increased cost to repair damaged assets
  • Reduction in demand for grid-supplied electricity distribution from conservation measures and new technologies
  • New parties providing customers with other sources of energy
  • Government policies not aligning with Toronto Hydro's strategic objectives
  • Lack of regulatory support for electrification initiatives

📋 Report Information

Reporting Period: 2022
Frameworks: GRI Standards, TCFD recommendations