Public Profile

Madison Gas and Electric

Madison Gas and Electric Company (MGE) is a prominent utility provider headquartered in Madison, Wisconsin, serving the surrounding areas with reliable energy solutions. Founded in 1855, MGE has established itself as a leader in the energy sector, focusing on electricity and natural gas distribution. The company is committed to sustainability, offering innovative services such as renewable energy options and energy efficiency programmes that distinguish it from competitors. MGE's dedication to reducing carbon emissions and enhancing community engagement has earned it recognition within the industry. With a strong market position, Madison Gas and Electric continues to evolve, adapting to the changing energy landscape while prioritising customer satisfaction and environmental stewardship.

DitchCarbon Score

How does Madison Gas and Electric's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.

28

Industry Average

Mean score of companies in the Glass Products industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.

8

Industry Benchmark

Madison Gas and Electric's score of 28 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.

91%

Madison Gas and Electric's reported carbon emissions

In 2023, Madison Gas and Electric (MGE) reported total carbon emissions of approximately 1,605,358,000 kg CO2e, with emissions distributed across various scopes: 1,605,358,000 kg CO2e from Scope 1, 334,490,000 kg CO2e from Scope 2, and 1,939,847,000 kg CO2e from Scope 3. In 2022, MGE's emissions were similar, totalling about 1,960,131,000 kg CO2e, with Scope 1 emissions at 1,521,865,000 kg CO2e, Scope 2 at 438,266,000 kg CO2e, and Scope 3 also at 1,960,131,000 kg CO2e. The company has shown a significant reduction in Scope 1 emissions from 2,009,043,000 kg CO2e in 2021 to 1,605,358,000 kg CO2e in 2023, indicating a positive trend in their efforts to lower direct emissions. However, there are no specific reduction targets or climate pledges disclosed in their recent reports, which suggests that while MGE is actively monitoring its emissions, it may not have formalised commitments to specific reduction goals at this time. Overall, MGE's emissions data reflects ongoing challenges in managing carbon outputs, particularly in Scope 3 emissions, which remain substantial. The company continues to work towards improving its carbon footprint in alignment with industry standards.

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Add to project
2019202120222023
Scope 1
414,000
0,000,000,000
0,000,000,000
0,000,000,000
Scope 2
-
000,000,000
000,000,000
000,000,000
Scope 3
886,500
0,000,000,000
0,000,000,000
0,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Madison Gas and Electric's primary industry is Glass and glass products, which is medium in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Madison Gas and Electric is headquartered in US, which has a rank of low, indicating low grid carbon intensity.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Madison Gas and Electric is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers