Primary Climate Goal
PPL Corp's target annual Scope 1 + 2 emissions for 2035 should be equal to 18,375 Kt = 70% * 61,251 Kt, according to the company's stated climate goal.
In order to achieve this goal, PPL Corp would need to reduce its emissions at least by -448 Kt per annum over the period from 2021 to 2035:
-448 Kt = ( 18,375 Kt - 25,097 Kt ) / (2035 - 2020)
This translates into a -1.8% reduction in 2021.
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.
PPL Corp aims to reduce Scope 1 + 2 by 70% by 2035 from a base year 2010
Science Based Targets initiative
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
PPL Corp reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2020 at 25,097 Kt (-1,865 /-6.9% y-o-y). Also positively, carbon intensity declined to 3,299 t (-171 /-4.9% y-o-y).
No public disclosure of Scope 3 emissions has been found for PPL Corp at the moment.
The company is committed to reducing Scope 1 + 2 by 70% by 2035 from a base year 2010, which translates into the estimated reduction of -448 Kt per annum over the period of FY2021 - FY2035. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.