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Electrical Machinery Manufacturing
US
updated 2 months ago

Eversource Sustainability Profile

Company website

Eversource Energy, a leading energy provider in the United States, is headquartered in Hartford, Connecticut. Founded in 2015 through the merger of Northeast Utilities and NSTAR, Eversource serves millions of customers across Connecticut, Massachusetts, and New Hampshire. The company operates primarily in the electric and natural gas sectors, focusing on delivering reliable energy solutions and innovative services. Eversource is renowned for its commitment to sustainability and customer service, offering a range of products including renewable energy options and energy efficiency programmes. With a strong market position, Eversource has received numerous accolades for its environmental initiatives and community engagement, solidifying its reputation as a trusted energy partner in the Northeast.

DitchCarbon Score

How does Eversource'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.

43

Industry Average

Mean score of companies in the Electrical Machinery Manufacturing 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.

32

Industry Benchmark

Eversource's score of 43 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.

62%

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Eversource's reported carbon emissions

In 2023, Eversource reported total carbon emissions of approximately 15,812,200 kg CO2e for Scope 1, 400,798,000 kg CO2e for Scope 2, and a significant 12,489,330,000 kg CO2e for Scope 3 emissions, which includes categories such as the use of sold products and fuel and energy-related activities. The combined total for Scope 1 and Scope 2 emissions was about 558,920,000 kg CO2e. Eversource's emissions data indicates a reduction in Scope 1 emissions from 171,199,000 kg CO2e in 2022 to 158,122,000 kg CO2e in 2023, and a decrease in Scope 2 emissions from 444,717,000 kg CO2e in 2022 to 400,798,000 kg CO2e in 2023. However, the company has not set any near-term or long-term reduction targets, as previous commitments have been removed or expired. Eversource is classified under the sector of Electric Utilities and Independent Power Producers and has made a commitment to sustainability, although it has not committed to a net-zero target. The company continues to focus on reducing its carbon footprint through various initiatives, but specific reduction targets are currently absent. Overall, Eversource's emissions profile reflects a significant reliance on Scope 3 emissions, highlighting the importance of addressing indirect emissions in their climate strategy.

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201520162017201820192020202120222023
Scope 1
2,273,321,000
0,000,000,000
0,000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
Scope 2
-
-
-
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
Scope 3
-
-
-
-
-
-
-
-
00,000,000,000

How Carbon Intensive is Eversource's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Eversource's primary industry is Electrical Machinery Manufacturing, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Eversource's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Eversource is in US, which has a low grid carbon intensity relative to other regions.

Eversource's Scope 3 Categories Breakdown

Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Fuel and Energy Related Activities" being the largest emissions source at 60% of Scope 3 emissions.

Top Scope 3 Categories

2023
Fuel and Energy Related Activities
60%
Use of Sold Products
34%
Purchased Goods and Services
5%
Investments
1%
Capital Goods
<1%
Waste Generated in Operations
<1%
Employee Commuting
<1%
Business Travel
<1%
Downstream Leased Assets
<1%
Upstream Transportation & Distribution
<1%

Eversource'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.

Eversource 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Eversource's Emissions with Industry Peers

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Pacific Gas And Electric Company Pg And E

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Quanta Services

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Construction work (45)
Updated 3 days ago

Frequently Asked Questions

Common questions about Eversource's sustainability data and climate commitments

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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