CPS Energy, officially known as City Public Service Board of San Antonio, is a leading energy provider headquartered in San Antonio, Texas, USA. Established in 1942, the company has grown to serve a diverse customer base across the San Antonio metropolitan area and surrounding regions, making it a key player in the energy sector. Operating within the electric and natural gas industry, CPS Energy is renowned for its commitment to sustainable energy solutions and innovative technologies. The company offers a range of services, including electricity generation, natural gas distribution, and energy efficiency programmes, distinguishing itself through its focus on renewable energy sources and community engagement. With a strong market position, CPS Energy has achieved notable milestones, such as being one of the largest municipally owned energy providers in the United States. Its dedication to reliability and customer service continues to set it apart in a competitive landscape.
How does CPS Energy'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.
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.
CPS Energy's score of 15 is lower than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, CPS Energy reported a carbon intensity of approximately 15.88 kg CO2e per megawatt-hour (MWh) of electricity generated. This figure reflects the company's ongoing efforts to monitor and manage its carbon emissions, although specific total emissions data for Scope 1, 2, and 3 are not disclosed. CPS Energy has demonstrated a commitment to reducing its carbon footprint, achieving a significant reduction in CO2 intensity since 1997, with a decrease of about 4.6% per MWh. The company has not set specific reduction targets under the Science Based Targets initiative (SBTi) or other formal climate pledges, indicating a potential area for future development in their climate strategy. The emissions data and performance metrics are sourced directly from CPS Energy, with no cascaded data from parent or related organizations. As the utility continues to evolve its sustainability practices, it remains focused on enhancing its carbon management strategies to align with industry standards and community expectations.
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.
CPS Energy 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.
