Enel Group

Enel Group reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 58,680 Kt (+6,050/+11% y-o-y). At the sime time, carbon intensity was down at 562 t (-119 /-17.5% y-o-y).

Enel Group's Scope 3 emissions grew to 69,150 Kt (+4,250/+6.5% y-o-y). The growth rate declined vs. the previous periods (CAGR +46% since 4Q'16).

The company has not set a company-wide target for an absolute reduction in GHG emissions yet.

Enel Group also has a science-based goal that, however, does not appear to explicitly target a company-wide reduction in emissions in absolute terms. Multinational  energy company Enel commits to reduce scope 1 GHG emissions 80% per kWh by 2030 from a 2017 base year, limiting them to 82 gCO2/kWheq, and achieve full decarbonization by 2050. Enel SpA also commits to reduce absolute scope 3 GHG emissions for the use of sold products 16% by 2030 from a 2017 base year