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Exelon Corporation, a leading player in the electricity sector, is headquartered in the United States and operates primarily in the electricity nec (not elsewhere classified) industry. Founded in 2000, Exelon has established itself as a significant provider of energy solutions, with a strong presence in major regions including the Mid-Atlantic and Midwest.
The company is renowned for its diverse portfolio, which includes nuclear, solar, and wind energy, setting it apart in the competitive landscape. Exelon's commitment to sustainability and innovation has led to notable achievements, such as being one of the largest operators of nuclear power plants in the country. With a focus on clean energy and reliability, Exelon continues to strengthen its market position while contributing to a more sustainable energy future.
+28 vs industry average
Exelon’s score of 44 is higher than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Electricity from Other Sources is among the most carbon-intensive industries
The Electricity from Other Sources industry has reduced its overall emissions by 36% since 2018
Scope 3 accounts for ••• of total emissions.
Exelon, an Electricity nec company headquartered in the US, reported global carbon emissions for 2024 as approximately 83.7 billion kg CO2e. This includes Scope 1 emissions of approximately 434 million kg CO2e, Scope 2 emissions (market-based) of about 4.19 billion kg CO2e, and Scope 3 emissions of approximately 79.72 billion kg CO2e. In 2023, the company's total emissions were approximately 89.28 billion kg CO2e.
Exelon has set ambitious climate commitments, including its "Path to Clean Strategy," which aims to reduce Scope 1 and 2 operations-driven GHG emissions by 50% by 2030 and achieve Net-Zero operations-driven GHG emissions by 2050. Specifically, the company aims to reduce its Scope 1 emissions by 50% from a 2020 baseline by 2030 and its Scope 2 emissions by 50% from a 2020 baseline by 2030. Exelon is also committed to achieving net-zero operations by 2050. Historical data indicates a significant reduction target under the U.S. EPA's Clean Power Plan, which aimed to reduce CO2 emissions from the sector by 30% from 2005 levels by 2030 for both Scope 1 and Scope 2 emissions.
For 2016, Exelon achieved a reduction in net operations-driven emissions to less than 1 million metric tons, which represented an absolute emissions reduction of more than 5% from 2015 for Scope 1 and Scope 2. The company also had a near-term goal to reduce internal operations GHG emissions by another 15% by 2022, compared to a 2015 baseline for both Scope 1 and Scope 2.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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