NRG Energy, Inc

Independent Power Producers & Energy Traders

NRG

$ 48 0.72

Share price

$ 11 bn

Market Cap

$ 23 bn

Enterprise Value

Carbon footprint

GHG emissions per $ 1 mln investment

44x the weighted average for S&P 500

FY2022

Primary Climate Goal

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

FY2023

NRG Energy, Inc aims to reduce Scope 1 + 2 by 50% by 2025 from a base year 2014

This target is most likely outdated and the company appears to have already achieved it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

NRG Energy, Inc reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2022 at 35,051 Kt (+765/+2.2% y-o-y). At the sime time, carbon intensity decreased to 1,111 t (-159 /-12.5% y-o-y).

NRG Energy, Inc's Scope 3 emissions plunged to 2.5 Kt (-7.5 /-75.1% y-o-y). The decline accelerated compared to the CAGR of -42.4% since 4Q'18.

The company is committed to reducing Scope 1 + 2 by 50% by 2025 from a base year 2014, which it appears to have already achieved as of 2022. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Date	Total CO2e emissions (market-based Scope 1 & 2) (Kt)	Scope 3	Revenue (USDm)	Carbon intensity (tons of CO2e) / (USDm)
2022Q4	35,051		31,543	1,111
2021Q4	34,285		26,989	1,270
2020Q4	27,485	2.5	9,093	3,023
2019Q4	36,790	10	9,821	3,746
2018Q4	46,000	13	9,478	4,853
2014Q4	72,000		15,868	4,537