Primary Climate Goal
Edison International's target annual all Scopes emissions for 2045 should be equal to 0 Kt = 0% * 13,400 Kt, according to the company's stated climate goal.
In order to achieve this goal, Edison International would need to reduce its emissions at least by -558 Kt per annum over the period from 2022 to 2045:
-558 Kt = ( 0 Kt - 13,400 Kt ) / (2045 - 2021)
This translates into a -4.2% reduction in 2022.
The projected range shown on the chart is based on the Exerica's algorithm which takes account of both the company's stated goal and its past performance.
Edison International aims to achieve net zero for all Scopes by 2045
Science Based Targets initiative In October 2021 SBTi developed and launched world's first net zero standard, providing framework and tools for companies to set science-based net zero targets and limit global temperature rise above pre-industrial levels to 1.5 °C.
In October 2021 SBTi developed and launched world's first net zero standard, providing framework and tools for companies to set science-based net zero targets and limit global temperature rise above pre-industrial levels to 1.5 °C.
GHG emissions and Carbon intensity
Scope 1 + 2 GHG emissions (in tons of CO2e) divided by the company's Revenues (in USDm) for the same period
Edison International reported Total CO2e Emissions - Location-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 1,800 Kt (-400 /-18.2% y-o-y). Also positively, carbon intensity was down at 121 t (-41 /-25.4% y-o-y).
Edison International's Scope 3 emissions declined to 11,600 Kt (
The company is committed to achieving net zero for all Scopes by 2045, which translates into the estimated reduction of -558 Kt per annum over the period of FY2022 - FY2045. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.