- Transition risks: carbon tax, fossil fuel-based generation decline, IMO shipping regulations, exposure to climate-related litigation, shareholder sentiment, access to capital
- Physical risks: coastal floods and sea-level rise, extreme heat, riverine floods, cyclones and wind, water scarcity
Electricity Generating Public Company Limited (EGCO)
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Electricity Generating Public Company Limited (EGCO) disclosed greenhouse gas emissions of 5.7M tCO2e/year (Scope 1 & 2). By scope: Scope 1: 5.7M tCO2e/year; Scope 2: 10.4K tCO2e/year; Scope 3: 1.0M 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
5.7M tCO2e/year (Scope 1 & 2)
2023
Renewable Energy
20.4% of total energy use
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). | 5.7M tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 10.4K tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 1.0M tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Reduced Scope 1 and Scope 2 emissions intensity by 6.25% from 2020 baseline in 2023
- Increased renewable energy generation to 20.4% of total energy generation in 2023
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce Scope 1 and Scope 2 emissions intensity by 10% by 2030 from 2020 baseline
📅 Medium-term
- Achieve carbon neutrality by 2040
- Increase the portion of renewable energy to 30% of the total generating capacity by 2030
🔭 Long-term
- Achieve net zero emissions by 2050 for Scope 1 and Scope 2 emissions
- Reduce absolute Scope 3 emissions by 50% by 2050 from the 2020 baseline
🌱 ESG Focus Areas
Climate Change