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OrganisationsEssential Utilities
Essential Utilities logo

Essential Utilities

Research ServicesUnited StatesNYSE: WTRG
Last verified 5 months agoessential.co

Essential Utilities, Inc., headquartered in the United States, is a prominent player in the research and development services sector (NAICS 73). Founded in 2018, the company has rapidly established itself as a leader in providing innovative solutions for water and energy utilities. With a focus on enhancing operational efficiency and sustainability, Essential Utilities offers a range of unique services, including advanced data analytics and infrastructure management.

The company operates primarily in the US, with significant activities in various regions, ensuring that its cutting-edge technologies meet the diverse needs of its clients. Essential Utilities has achieved notable milestones, positioning itself as a trusted partner in the utility sector, recognised for its commitment to environmental stewardship and customer satisfaction. Through its dedication to research and development, Essential Utilities continues to drive advancements that shape the future of utility services.

38
DitchCarbon score

+8 vs industry average

Essential Utilities’s score of 38 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Industry Intensity

Medium

Research Services has typical carbon intensity

Industry performance

0.198
20182025

The Research Services industry has reduced its overall emissions by 19% since 2018

Emissions trajectory 2020 – 2027

00B0.0B0.0B0.0B0

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20202021202220232024202520262027

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Essential Utilities's reported carbon emissions

Essential Utilities, a research and development services firm based in the US, reported significant carbon emissions across its operations. In 2024, the company's total emissions were approximately 8.5 billion kg CO2e, comprising Scope 1, Scope 2, and Scope 3 emissions. Specifically, Scope 1 emissions accounted for about 443.5 million kg CO2e, while Scope 2 emissions (market-based) were around 39.2 million kg CO2e. Scope 3 emissions were substantial, reaching approximately 8 billion kg CO2e, with the use of sold products being the largest contributor.

Looking at previous years, total emissions in 2023 were approximately 8.7 billion kg CO2e. In 2022, total emissions were about 9.6 billion kg CO2e. The company's Scope 1 emissions in 2023 were around 463.1 million kg CO2e and Scope 2 (market-based) were approximately 41.4 million kg CO2e. In 2022, Scope 1 emissions were approximately 489.1 million kg CO2e and Scope 2 (market-based) were about 51.0 million kg CO2e.

Essential Utilities has established a clear climate commitment: by 2035, the company aims to reduce its Scope 1 and 2 emissions by 60% from its 2019 baseline. This target encompasses absolute emission reductions. Reporting indicates that the company is on track to meet its Scope 2 reduction goals but is not currently on track for its Scope 1 targets within shorter timeframes.

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Essential Utilities’s Climate Goals (2030 & 2050)

2 goals

2035

60% reduction in Scope 2

By 2035, Essential will reduce its emissions by 60% from its 2019 baseline.

On track60%

2030

62% reduction in total GHG

Vs 2019 baseline. Validated by SBTi. Includes full supply chain.

At risk48%

2040

50% reduction in Scope 3 intensity

Across purchased goods and services and logistics.

Behind target22%

See all 2 climate goals

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Scope 3 top emissions categories

5 of 15 categories disclosed
Use of Sold Products100%
Capital Goods0%
Purchased Goods & Services0%
Employee Commuting0%
Waste Generated in Operations0%
Use of Sold Products100%
Capital Goods0%
Purchased Goods & Services0%
Employee Commuting0%
Waste Generated in Operations0%

See all scope 3 categories

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Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Essential Utilities logoEssential Utilities
USResearch Services
5 months ago
38
National Grid logoNational Grid
GBElectricity Transmission
9 hours ago
70
View
Xcel Energy logoXcel Energy
USElectricity from Other Sources
9 hours ago
62
View
Duke Energy logoDuke Energy
USElectricity from Other Sources
9 hours ago
60
View
Dte Energy logoDte Energy
USComputer Services
9 hours ago
54
View
Sempra logoSempra
USBusiness Services
9 hours ago
43
View
Southern logoSouthern
USElectricity Transmission
9 hours ago
41
View

Frequently asked questions

Common questions about Essential Utilities’s sustainability data and climate commitments

In 2024, Essential Utilities' total carbon emissions were approximately 8.5 billion kg CO₂e. This figure includes emissions from Scope 1, Scope 2, and Scope 3 sources, with Scope 3 emissions being the largest share at roughly 8 billion kg CO₂e. The company's emissions have decreased slightly from about 8.7 billion kg CO₂e in 2023 and nearly 9.6 billion kg in 2022. These numbers reflect the company's ongoing efforts to monitor and reduce its environmental impact within the US water and gas utilities sector, emphasizing transparency and progress toward climate goals.

Data year: 2024

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