Constellation Energy Group, Inc. Sustainability Profile
Constellation Energy Group, Inc., commonly referred to as Constellation, is a leading energy company headquartered in the United States. Founded in 1999, Constellation has established itself as a key player in the energy sector, primarily focusing on electricity generation, energy management, and renewable energy solutions. With a strong presence in major operational regions across the US, the company is committed to providing innovative energy services that cater to both residential and commercial customers. Constellation's core offerings include competitive electricity supply, energy efficiency solutions, and renewable energy options, setting it apart in a rapidly evolving market. The company has achieved notable milestones, including significant investments in clean energy technologies, positioning itself as a frontrunner in the transition to sustainable energy. With a robust market position, Constellation continues to drive advancements in the energy industry, making it a trusted partner for energy needs.
DitchCarbon Score
How does Constellation Energy Group, Inc.'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 Distribution 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
Constellation Energy Group, Inc.'s score of 12 is lower than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Constellation Energy Group, Inc.'s reported carbon emissions
In 2021, Constellation Energy Group, Inc. reported significant carbon emissions, totalling approximately 8,253,968,000 kg CO2e for Scope 1, 94,399,000 kg CO2e for Scope 2 (market-based), and 69,126,244,000 kg CO2e for Scope 3 emissions. The Scope 3 emissions primarily stemmed from the use of sold products, which accounted for a substantial portion of their overall emissions. The company has set ambitious climate commitments, aiming to reduce operations-driven emissions by 65% by 2030 and achieve a 100% reduction by 2040, contingent upon policy support and technological advancements. Any emissions that cannot be reduced through technology will be offset. These targets apply to both Scope 1 and Scope 2 emissions. Constellation Energy's emissions data is cascaded from its corporate family relationship with Exelon Corporation, which influences its climate initiatives and reporting. The company is actively working towards these reduction goals while navigating the complexities of its operational emissions landscape.
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| 2019 | 2020 | 2021 | |
|---|---|---|---|
| Scope 1 | 8,866,569,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 120,745,000 | 000,000,000 | 00,000,000 |
| Scope 3 | 95,445,072,000 | 000,000,000,000 | 00,000,000,000 |
How Carbon Intensive is Constellation Energy Group, Inc.'s Industry?
How Carbon Intensive is Constellation Energy Group, Inc.'s Location?
Constellation Energy Group, Inc.'s Scope 3 Categories Breakdown
Constellation Energy Group, Inc.'s Scope 3 emissions, which decreased by 7% last year and decreased by approximately 2% since 2019, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 74% of Scope 3 emissions.
Top Scope 3 Categories
Constellation Energy Group, Inc.'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.
Constellation Energy Group, Inc. 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.
