NRG Energy, Inc

Independent Power Producers & Energy Traders

NRG

$ 34 0.78

Share price

$ 7.8 bn

Market Cap

$ 16 bn

Enterprise Value

Carbon footprint

GHG emissions per $ 1 mln investment

58x the weighted average for S&P 500

FY2021

Primary Climate Goal

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

FY2022

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This target is most likely outdated and the company appears to have already achieved it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 - Location-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 34,462 Kt (+6,736/+24% y-o-y). At the sime time, carbon intensity plummeted to 1,277 t (-1,772 /-58.1% y-o-y).

NRG Energy, Inc's Scope 3 emissions plunged to 2.5 Kt (-7.5 /-75.1% y-o-y). This is a higher rate of decline than over the period since 4Q'18 (-42.4% CAGR).

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 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	34,462	34,285	177		26,989	1,277
2020Q4	27,726	27,485	241	2.5	9,093	3,049
2019Q4	36,977	36,790	187	10	9,821	3,765
2018Q4	46,189	46,000	189	13	9,478	4,873
2014Q4	72,254	72,000	254		15,868	4,553