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CenterPoint Energy, Inc. is a prominent American utility company specialising in electricity and natural gas services. Headquartered in Houston, Texas, the company primarily operates across several states in the United States, delivering essential energy solutions to millions of customers. Founded in 1882, CentrePoint Energy has established a long-standing presence in the energy sector, evolving through various milestones to become a key player in the industry.
The company’s core offerings include electricity distribution and natural gas services, distinguished by their reliability and commitment to safety. As a leading provider in the electricity sector, CentrePoint Energy is recognised for its extensive infrastructure and focus on sustainable energy practices. Its market position reflects a dedication to delivering dependable energy solutions and supporting community growth across its operational regions.
-6 vs industry average
Centerpoint Energy’s score of 10 is lower than 31% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Electricity from Other Sources is among the most carbon-intensive industries
The Electricity from Other Sources industry has reduced its overall emissions by 36% since 2018
Scope 3 accounts for ••• of total emissions.
CenterPoint Energy, a US-based electricity provider, reported significant greenhouse gas emissions in 2023, with a total of approximately 7.7 billion kg CO2e. This figure comprises approximately 5.17 billion kg CO2e from Scope 1 emissions and about 46 million kg CO2e from Scope 2 emissions. Scope 3 emissions accounted for the largest portion, totalling approximately 23.55 billion kg CO2e.
In 2022, the company's total emissions were approximately 7.5 billion kg CO2e, consisting of about 4.85 billion kg CO2e of Scope 1, roughly 37.4 million kg CO2e of Scope 2, and approximately 26.41 billion kg CO2e of Scope 3. The preceding year, 2021, saw total emissions of about 7.1 billion kg CO2e, with Scope 1 at approximately 7.05 billion kg CO2e, Scope 2 at about 46.9 million kg CO2e, and Scope 3 at approximately 28.40 billion kg CO2e.
CenterPoint Energy has established a net-zero emissions goal for its Scope 1 and certain Scope 2 operations by 2035. This ambitious target aims for operations to remove or eliminate more carbon-related emissions from the environment than are produced. The company also expects a 60% reduction in carbon, sulfur dioxide, particulate matter, and mercury emissions from its generation fleet by 2035, driven by the retirement of specific units. In 2019, the company reported total emissions of approximately 30 billion kg CO2e, with Scope 1 contributing about 6.7 billion kg CO2e and Scope 3 around 29.7 billion kg CO2e, but Scope 2 data was not disclosed for that year. Prior to 2019, emissions data primarily focused on Scope 1, with totals ranging from approximately 18.39 billion kg CO2e in 2016 to 22.13 billion kg CO2e in 2014.
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2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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No scope 3 category breakdown has been disclosed yet.
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