EDF

Electric Utilities

EDF.PA

€ 12 0

Share price

$ 54 bn

Market Cap

$ 102 bn

Enterprise Value

Carbon footprint

GHG emissions per $ 1 mln investment

7.8x the weighted average for S&P 500

FY2021

Primary Climate Goal

Proj. YOY change in GHG emissions (Scope 1 + 2)

Weaker than the -8% weighted average for S&P 500

FY2022

EDF aims to reduce Scope 1 + 2 by 50% by 2030 from a base year 2017

This target is most likely outdated and the company appears to have already achieved it

This target has not been verified as science based according to SBTi

GHG emissions and Carbon intensity

EDF reported Total CO2e Emissions - Location-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 27,300 Kt (-1,000 /-3.5% y-o-y). Also positively, carbon intensity declined to 272 t (-78 /-22.2% y-o-y).

EDF's Scope 3 emissions declined to 102,000 Kt (-5,000 /-4.7% y-o-y). This is broadly in line with the declining trend (CAGR -5%) since 4Q'19.

The company is committed to reducing Scope 1 + 2 by 50% by 2030 from a base year 2017, which it appears to have already achieved as of 2021. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Date	Total CO2e emissions (location-based Scope 1 & 2) (Kt)	Scope 1	Scope 2	Scope 3	Revenue (USDm)	Carbon intensity (tons of CO2e) / (USDm)
2021Q4	27,300	27,000	300	102,000	100,244	272
2020Q4	28,300	28,000	300	107,000	80,831	350
2019Q4	33,300	33,000	300	119,000	80,189	415
2018Q4	36,170	35,700	470	110,800	81,040	446
2017Q4	51,800	51,300	500	109,600	73,253	707
2016Q4	49,100	48,500	600	94,000	78,473	626

EDF

Carbon footprint

Primary Climate Goal

EDF aims to reduce Scope 1 + 2 by 50% by 2030 from a base year 2017

This target is most likely outdated and the company appears to have already achieved it

GHG emissions and Carbon intensity

EDF's carbon footprint

Company environmental metrics