Con Edison Sustainability Profile
Consolidated Edison, Inc., commonly known as Con Edison or Con Ed, is a leading energy provider headquartered in New York, US. Founded in 1824, the company has evolved into one of the largest investor-owned energy companies in the United States, serving millions of customers across New York City and the surrounding areas. Operating primarily in the electric, gas, and steam utility sectors, Con Edison is renowned for its commitment to delivering reliable energy services while prioritising sustainability and innovation. The company offers a range of core products, including electricity, natural gas, and renewable energy solutions, distinguished by its focus on customer service and environmental responsibility. With a strong market position, Con Edison has received numerous accolades for its operational excellence and community engagement, solidifying its reputation as a trusted energy partner in the region.
DitchCarbon Score
How does Con Edison'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.
Industry Average
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.
Industry Benchmark
Con Edison's score of 54 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Con Edison's reported carbon emissions
In 2024, Con Edison reported significant carbon emissions, with global figures showing Scope 1 emissions at approximately 2,354,000,000 kg CO2e, Scope 2 emissions at about 900,000,000 kg CO2e, and Scope 3 emissions reaching approximately 32,000,000,000 kg CO2e. For the US specifically, while detailed emissions data for 2024 is not available, the company has disclosed Scope 3 emissions from 2014 to 2024 at about 32,400,000 kg CO2e for 2023. Con Edison has set ambitious climate commitments, aiming for net-zero direct (Scope 1) emissions from electric co-generation by 2040. Additionally, the company plans to achieve an 85% reduction in fugitive methane emissions from its natural gas delivery system by the same year. The company has also committed to investing $1.5 billion in energy efficiency initiatives by 2025, targeting a 30% reduction in Scope 2 emissions. Since 2005, Con Edison has successfully reduced its carbon footprint by 54%, equivalent to removing about 500,000 vehicles from the road. These targets and achievements reflect Con Edison’s commitment to addressing climate change and reducing its overall environmental impact.
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| 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 3,591,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | - | - | - | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | - | - | - | - | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
How Carbon Intensive is Con Edison's Industry?
How Carbon Intensive is Con Edison's Location?
Con Edison's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Con Edison has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
