Exelon

Exelon's reported carbon emissions

Exelon, a US-based electricity generation and distribution company, has reported its carbon emissions and outlined significant climate commitments. **Carbon Emissions:** In 2024, Exelon reported total global GHG emissions of approximately 83.7 billion kg CO2e. This figure includes: * Scope 1 emissions: Approximately 434 million kg CO2e. * Scope 2 emissions (market-based): Approximately 4.19 billion kg CO2e. * Scope 3 emissions: Approximately 79.7 billion kg CO2e, with a significant portion attributed to "fuel and energy-related activities." A year prior, in 2023, Exelon's total global emissions were approximately 89.3 billion kg CO2e, comprising: * Scope 1 emissions: Approximately 448 million kg CO2e. * Scope 2 emissions (market-based): Approximately 4.9 billion kg CO2e. * Scope 3 emissions: Approximately 84.5 billion kg CO2e. For 2022, total global emissions stood at approximately 97.0 billion kg CO2e, with Scope 1 at around 483 million kg CO2e, Scope 2 (market-based) at approximately 5.27 billion kg CO2e, and Scope 3 at approximately 91.6 billion kg CO2e. **Climate Commitments and Reduction Initiatives:** Exelon is committed to significant emissions reductions as part of its "Path to Clean" strategy. Key targets include: * **Net-Zero Operations:** Exelon aims to achieve net-zero operations-driven GHG emissions by 2050. * **Mid-Term Reduction Target:** The company is committed to reducing its Scope 1 and Scope 2 operations-driven GHG emissions by 50% by 2030, using a 2015 baseline. * **Scope 1 and 2 Reduction:** Exelon aims to reduce its Scope 1 and 2 emissions by 50% from a 2020 baseline by 2030. * **Historical Goals:** Previously, Exelon had a goal to reduce GHG emissions from its internal operations by 15% by 2022, compared to a 2015 baseline. In 2016, Exelon also had a specific goal to reduce net operations-driven emissions to less than 1 million metric tons for the year. Exelon's reporting includes a comprehensive breakdown of Scope 1, 2, and 3 emissions, reflecting a commitment to transparency in its climate impact. The company's disclosures cover a wide range of Scope 3 categories, including capital goods, business travel, employee commute, use of sold products, upstream leased assets, purchased goods and services, waste generated in operations, fuel and energy-related activities, and upstream transportation and distribution.