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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.
+17 vs industry average
Con Edison’s score of 33 is higher than 60% 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.
Con Edison's total reported carbon emissions for 2025 were approximately 24.49 billion kg CO2e. This figure includes Scope 1 emissions of around 2.79 billion kg CO2e, Scope 2 emissions of about 915 million kg CO2e, and Scope 3 emissions totalling approximately 20.78 billion kg CO2e. For 2024, the company reported total emissions of roughly 22.82 billion kg CO2e, with Scope 1 at 2.75 billion kg CO2e, Scope 2 at 1.14 billion kg CO2e, and Scope 3 at 18.94 billion kg CO2e. In 2023, total emissions were around 22.69 billion kg CO2e, comprising Scope 1 emissions of approximately 2.67 billion kg CO2e, Scope 2 emissions of about 791 million kg CO2e, and Scope 3 emissions of roughly 19.23 billion kg CO2e. Looking back to 2022, Con Edison's total emissions were approximately 24.32 billion kg CO2e, with Scope 1 at 2.76 billion kg CO2e, Scope 2 at 1.32 billion kg CO2e, and Scope 3 at 20.24 billion kg CO2e.
Con Edison has established several climate commitments. They aim for net-zero Scope 1 emissions from their steam system's electric co-generation by 2040 and plan an 85% reduction in fugitive methane emissions from their natural gas delivery system by the same year. The company has already reduced fugitive methane emissions from its natural gas delivery system by 40% since 2005, with a target to reach net-zero by 2040. They also have a long-term target to reduce Scope 1 and Scope 2 emissions by 54% from a 2005 baseline by 2050, with a reported achievement of this reduction by 2020. Furthermore, Con Edison intends to invest $1.5 billion in energy efficiency by 2025, projecting a 30% intensity reduction in Scope 2 emissions from a 2020 baseline by 2025. This emissions data and reduction initiatives are reported directly by Con Edison, Inc.
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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