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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 total emissions of approximately 83.7 billion kg CO2e in 2024. This includes Scope 1 emissions of about 434 million kg CO2e, Scope 2 emissions (market-based) of around 4.19 billion kg CO2e, and Scope 3 emissions of approximately 79.7 billion kg CO2e. The largest contributors to Scope 3 emissions were fuel and energy related activities at roughly 67.0 billion kg CO2e and use of sold products at about 11.06 billion kg CO2e.
Looking back, Exelon's total emissions in 2023 were approximately 89.28 billion kg CO2e, comprising about 448 million kg CO2e for Scope 1, around 4.90 billion kg CO2e for Scope 2 (market-based), and roughly 84.51 billion kg CO2e for Scope 3. In 2022, total emissions stood at approximately 96.95 billion kg CO2e, with Scope 1 at about 483 million kg CO2e, Scope 2 (market-based) at around 5.27 billion kg CO2e, and Scope 3 at roughly 91.61 billion kg CO2e.
Exelon has set several climate commitments. Through its "Path to Clean Strategy," the company aims to reduce its Scope 1 and 2 operations-driven GHG emissions by 50% by 2030, using a 2020 baseline, and to achieve Net-Zero operations-driven GHG emissions by 2050. Specifically, Exelon targets a 50% reduction in Scope 1 emissions by 2030 from a 2020 baseline, and a 50% reduction in Scope 2 emissions by 2030 from a 2020 baseline. The company also intends to achieve net-zero operations by 2050 for all scopes. In earlier commitments, Exelon aimed to reduce GHG emissions from internal operations by 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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