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, approximately 620,000,000 kg CO2e from Scope 2, and about 32,400,000,000 kg CO2e from Scope 3 emissions. Con Edison has made significant commitments to reduce its carbon footprint. The company aims for a 54% reduction in its carbon emissions by 2050, equivalent to removing about 500,000 vehicles from the road, based on data from 2005 levels. Additionally, they plan 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 for electric co-generation from its steam system by 2040. They also plan to reduce fugitive methane emissions from their natural gas delivery system by 85% by the same year. This data reflects Con Edison's ongoing commitment to sustainability and climate action, aligning with industry standards and expectations for reducing greenhouse gas emissions.
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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.
