Constellation NewEnergy, Inc. Sustainability Profile
Constellation NewEnergy, Inc., a prominent player in the energy sector, is headquartered in the United States and operates extensively across various regions. Founded in 2000, the company has established itself as a leader in providing innovative energy solutions, focusing on renewable energy, energy management, and sustainability services. Constellation NewEnergy offers a diverse range of products and services, including customised energy procurement, demand response programmes, and renewable energy certificates, all designed to help businesses optimise their energy usage and reduce costs. The company’s commitment to sustainability and its ability to deliver tailored solutions set it apart in a competitive market. With a strong market position, Constellation NewEnergy has achieved significant milestones, including numerous awards for its contributions to clean energy and customer satisfaction, solidifying its reputation as a trusted partner in the energy industry.
DitchCarbon Score
How does Constellation NewEnergy, 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 Business Services 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 NewEnergy, Inc.'s score of 72 is higher than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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As of the latest available data, Constellation NewEnergy, Inc. does not report specific carbon emissions figures. However, the company has established significant climate commitments aimed at achieving net-zero emissions. These commitments include ambitious reduction targets for both Scope 1 and Scope 2 emissions, with a goal of an 80% reduction below 2005 levels by 2030. This target is part of their long-term strategy, which spans from 2023 to 2050, focusing on continuous progress towards net-zero emissions. Constellation NewEnergy's climate initiatives are cascaded from its parent company, Constellation Energy Corporation, which plays a crucial role in shaping its sustainability roadmap. The company is actively working to gauge progress and assess necessary actions to meet its future targets, as outlined in their sustainability documentation. Overall, while specific emissions data is currently unavailable, Constellation NewEnergy is committed to significant reductions in greenhouse gas emissions, aligning with industry standards and climate terminology.
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| 2021 | 2022 | |
|---|---|---|
| Scope 1 | 8,254,000,000 | 0,000,000,000 |
| Scope 2 | 373,000,000 | 000,000,000 |
| Scope 3 | 81,737,000,000 | 00,000,000,000 |
How Carbon Intensive is Constellation NewEnergy, Inc.'s Industry?
How Carbon Intensive is Constellation NewEnergy, Inc.'s Location?
Constellation NewEnergy, Inc.'s Scope 3 Categories Breakdown
Constellation NewEnergy, Inc.'s Scope 3 emissions, which decreased by 0% last year and decreased by approximately 0% since 2021, 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.
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Constellation NewEnergy, 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 NewEnergy, 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.
