Con Edison
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 41 is higher than 65% 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 2023, Con Edison reported total carbon emissions of approximately 32,400,000,000 kg CO2e across all scopes. This includes about 2,676,000,000 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources, and approximately 620,000,000 kg CO2e from Scope 2 emissions, which are indirect emissions from the generation of purchased electricity. Notably, Scope 3 emissions, which encompass all other indirect emissions, accounted for about 32,400,000,000 kg CO2e. Con Edison has made significant commitments to reduce its carbon footprint. The company aims for a 54% reduction in its carbon emissions by 2050, a target that translates to the equivalent of removing about 500,000 vehicles from the road. This reduction is based on a 2005 baseline. Additionally, Con Edison plans to invest $1.5 billion in energy efficiency initiatives by 2025, targeting a 30% reduction in Scope 2 emissions. Looking towards the future, Con Edison has set ambitious long-term goals, including achieving net-zero direct (Scope 1) emissions from electric co-generation by 2040 and an 85% reduction in fugitive methane emissions from its natural gas delivery system by the same year. These commitments reflect the company's proactive approach to addressing climate change and its dedication to sustainability.
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| 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 4,936,000,000 | 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 | 0,000,000,000 | 0,000,000,000 | 000,000,000 | 0,000,000,000 | 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 |
Industry emissions intensity
Location emissions 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.
Con Edison is not participating in any of the initiatives that 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.
