Generac Power Systems, Inc Sustainability Profile
Generac Power Systems, Inc., a leading provider of energy solutions, is headquartered in the United States and operates extensively across North America. Founded in 1959, the company has established itself as a pioneer in the power generation industry, particularly known for its innovative backup generators and renewable energy products. Generac's core offerings include residential and commercial generators, as well as energy storage systems, which are designed to ensure reliable power during outages. Their commitment to quality and performance has positioned them as a trusted name in the market, with notable achievements in expanding their product line to include smart home technology. With a strong focus on sustainability and energy efficiency, Generac continues to lead the way in providing dependable power solutions, making them a preferred choice for homeowners and businesses alike.
DitchCarbon Score
How does Generac Power Systems, 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 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.
Industry Benchmark
Generac Power Systems, Inc's score of 21 is lower than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Generac Power Systems, Inc's reported carbon emissions
In 2023, Generac Power Systems, Inc. reported total greenhouse gas emissions of approximately 60,814,000 kg CO2e, comprising 34,280,000 kg CO2e from Scope 1 and 26,534,000 kg CO2e from Scope 2. The previous year, 2022, saw a similar total of about 63,133,000 kg CO2e, with Scope 1 emissions at 35,719,000 kg CO2e and Scope 2 at 27,414,000 kg CO2e. This indicates a slight reduction in emissions year-on-year. Generac has not disclosed any Scope 3 emissions data for 2023 or 2022, but in 2021, it reported Scope 3 emissions of 1,200,000 kg CO2e. The company has not set specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges, indicating a potential area for future commitment. The emissions data is cascaded from Generac Power Systems, Inc. as a current subsidiary, with no additional data inherited from a parent organization. The company continues to operate within the context of increasing industry scrutiny regarding carbon emissions and climate commitments, highlighting the importance of establishing clear reduction targets moving forward.
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| 2018 | 2019 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 5,059,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 6,153,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 2,741,810 | 0,000,000 | 0,000,000 | - | - |
How Carbon Intensive is Generac Power Systems, Inc's Industry?
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Generac Power Systems, Inc's Scope 3 Categories Breakdown
Generac Power Systems, Inc's Scope 3 emissions, which increased by 6% last year and decreased by approximately 56% since 2018, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 12% of total emissions under the GHG Protocol, with "Purchased Goods and Services" representing nearly all of their reported Scope 3 footprint.
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Generac Power Systems, 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.
Generac Power Systems, 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.
