- Supply chain disruptions (implied)
- Climate-related physical risks (wildfires, severe storms, floods, droughts)
- Transition risks (regulatory changes, market shifts)
Algonquin Power & Utilities Corp.
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Algonquin Power & Utilities Corp. disclosed greenhouse gas emissions of 4.8M tCO2e (Scope 3 Categories 3 11 15). By scope: Scope 1: 2.1M tCO2e; Scope 2: 88.7K tCO2e; Scope 3: 4.8M tCO2e (Categories 3 11 15). 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
4.8M tCO2e (Scope 3 Categories 3 11 15)
2023
Renewable Energy
60.1% of total electricity generated in 2023
of total energy
📊 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). | 2.1M tCO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 88.7K tCO2e |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 4.8M tCO2e (Categories 3 11 15) |
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 | 4.8M tCO2e (Scope 3 Categories 3 11 15) |
| 2022 | 2.5M tCO2e (Scope 1 & 2) |
| 2021 | 2.4M tonnes CO2e |
| 2020 | 2.2M tCO2e/year (2020) |
| 2017-2019 | 2.8M tCO2e/year (2019) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced Scope 1 and 2 greenhouse gas emissions by more than one million tonnes since 2017 (41% reduction)
- Improved efficiency of electricity generation from fossil fuels
- Reduced fugitive emissions from leak-prone natural gas pipes through infrastructure upgrades
- Brought 434 MW of new renewable generation online
- Replaced 17% of unprotected gas pipeline
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce GHG emissions intensity by 45% (electric), 50% (natural gas), 19% (water), and 8% (wastewater) by 2030
📅 Medium-term
- Enhance employee resources and training; Embed DEI practices into corporate actions and culture; Enhance ESG and climate governance
🔭 Long-term
- Net-zero Scope 1 and 2 GHG emissions by 2050
🌱 ESG Focus Areas
Climate ChangeDiversity, Equity, and InclusionGovernance