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 75% 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 commitment to reducing its carbon footprint, although specific total emissions data for Scope 1, 2, and 3 are not disclosed. The carbon intensity has shown a progressive decrease from about 13.61 kg CO2e/MWh in 2021 and 11.34 kg CO2e/MWh in 2020, indicating a positive trend in emissions reduction over the past few years. CPS Energy has not set specific reduction targets under the Science Based Targets initiative (SBTi) nor disclosed any formal climate pledges. However, the company has made strides in reducing its carbon intensity since 1997, achieving a reduction of approximately 4.6% per MWh of energy generated. This commitment to sustainability is further evidenced by their historical data, which shows a consistent effort to lower emissions over the years. CPS Energy operates independently, and the emissions data presented is not cascaded from any parent organization. The company continues to focus on enhancing its environmental performance while serving its community in the US.
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.
CPS Energy 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.