Consolidated Edison, Inc., commonly known as Con Edison, is a leading energy provider headquartered in New York, US. Established in 1824, the company has evolved into a key player in the electricity sector, primarily focusing on the distribution of electricity, gas, and steam services across New York City and surrounding areas.
Con Edison is renowned for its commitment to sustainability and innovation, offering a range of services that include energy efficiency programmes and renewable energy solutions. The company has achieved significant milestones, such as being one of the first utilities to implement smart grid technology, enhancing reliability and customer engagement. With a strong market position, Con Edison continues to be a vital contributor to the energy landscape, serving millions of customers while prioritising environmental stewardship and community support.
+15 vs industry average
Con Edison’s score of 30 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Electricity from Other Sources is among the most carbon-intensive industries
Industry performance
The Electricity from Other Sources industry has reduced its overall emissions by 38% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Con Edison's reported carbon emissions
Con Edison, a US-based electricity provider, has reported significant carbon emissions across Scopes 1, 2, and 3. For the reporting year 2024, total emissions were approximately 38.35 billion kg CO2e. This breaks down into approximately 2.35 billion kg CO2e for Scope 1, about 900 million kg CO2e for Scope 2, and approximately 32 billion kg CO2e for Scope 3.
In 2023, Con Edison's total emissions were approximately 35.4 billion kg CO2e, with Scope 1 at about 2.4 billion kg CO2e, Scope 2 at around 600 million kg CO2e, and Scope 3 at approximately 32.4 billion kg CO2e.
Looking further back, in 2015, total emissions were approximately 45.6 billion kg CO2e, comprising about 2.78 billion kg CO2e for Scope 1, 1.3 billion kg CO2e for Scope 2, and 41.8 billion kg CO2e for Scope 3. Emissions in 2016 reached approximately 45.1 billion kg CO2e.
Con Edison has established climate commitments aiming for reductions. Notably, the company has reduced its carbon footprint by 54 percent since 2005, equating to removing approximately 500,000 vehicles from the road. They plan to invest $1.5 billion in energy efficiency by 2025 to meet statewide targets. Furthermore, Con Edison is aiming for net-zero direct (Scope 1) emissions for electric co-generation from its steam system by 2040. They also plan to achieve an 85% reduction in fugitive methane emissions from their natural gas delivery system by 2040.
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Con Edison’s Climate Goals (2030 & 2050)
5 goals2050
54% reduction in Scope 1
We have reduced our carbon footprint by 54 percent since 2005 – the equivalent of taking 500,000 vehicles off the road.
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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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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Con Edison
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