Climate action
By transitioning to renewable energy, we are moving from fossil fuels – which are proven to drive climate change – to green energy technologies such as solar, wind, and hydropower.
The reality is that all forms of energy production result in some greenhouse gas emissions (whether directly or indirectly) throughout the lifecycle of the production facility. Take solar power, for instance: building a solar plant and its components does involve some emissions upfront. But once it's up and running, that initial carbon debt is typically paid off within 1 to 4 years. After that, it operates almost emission-free for the rest of its lifespan up until decommissioning, which can be anywhere from 25 to 30 years. In the end, the emissions from wind, solar, or hydropower are a fraction of those from fossil fuels which, unlike renewables, will be far from emission-free.
Did you know that about 75% of the world’s GHG emissions are energy related? That makes decarbonising the power sector an urgent priority.
We have set a target to keep our own emissions intensity below 20 grams of CO₂ equivalents per kilowatt-hour. In 2024, for instance, the emissions intensity of our power production was well below both our target threshold and the industry average, measuring 14.7 gCO₂eq/kWh.