PSEG Corporate, officially known as Public Service Enterprise Group Incorporated, is a leading energy company headquartered in the United States, with significant operations across the Northeastern region. Founded in 1903, PSEG has established itself as a key player in the energy sector, focusing on electric and gas utility services, as well as renewable energy solutions. The company is renowned for its commitment to sustainability and innovation, offering a diverse range of services that include electricity generation, transmission, and distribution. PSEG's unique approach to integrating clean energy technologies has positioned it as a frontrunner in the transition to a more sustainable energy future. With numerous accolades for reliability and customer service, PSEG continues to enhance its market position while contributing to the communities it serves.
How does Pseg Corporate'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.
Mean score of companies in the Electricity from Other Sources 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.
Pseg Corporate's score of 18 is lower than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, PSEG Corporate reported total carbon emissions of approximately 2,868,611,000 kg CO2e, which includes 1,878,390,000 kg CO2e from Scope 1 and 990,221,000 kg CO2e from Scope 2 emissions. The company has not disclosed any Scope 3 emissions for this year. PSEG has made commitments to reduce its carbon footprint, although specific reduction targets have been removed or expired. The company is a member of the Business Ambition for 1.5°C initiative, indicating a commitment to align with climate science. However, it has not set a net-zero target or a long-term reduction goal. Historically, PSEG's emissions have fluctuated, with significant reductions noted from 2015, when total emissions were approximately 16,090,371,000 kg CO2e, to 2022. The company continues to focus on sustainability within the electric utilities sector, aiming to improve its emissions intensity and overall environmental impact.
Access structured emissions data, company-specific emission factors, and source documents
2005 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|---|---|---|---|
Scope 1 | 24,898,116,000 | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 0,000,000,000 | 00,000,000,000 | 0,000,000,000 |
Scope 2 | 1,668,214,000 | - | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 3 | - | - | - | - | - | 00,000,000,000 | - | 00,000,000,000 | 00,000,000,000 |
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.
Pseg Corporate is committed to some 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.