Firstenergy Sustainability Profile
FirstEnergy Corporation, a leading energy provider in the United States, is headquartered in Akron, Ohio. Established in 1997, the company has grown significantly through strategic mergers and acquisitions, positioning itself as a key player in the electric utility industry. FirstEnergy operates across several states, primarily in the Mid-Atlantic and Great Lakes regions, serving millions of customers. The company focuses on the generation, transmission, and distribution of electricity, with a commitment to delivering reliable energy solutions. FirstEnergy is known for its innovative approach to energy efficiency and sustainability, offering a range of services that include renewable energy initiatives and advanced grid technologies. With a strong market presence, FirstEnergy has received recognition for its operational excellence and customer service, solidifying its reputation as a trusted energy partner.
DitchCarbon Score
How does Firstenergy'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.
Industry Average
Mean score of companies in the Electricity from Other Sources 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.
Industry Benchmark
Firstenergy's score of 42 is higher than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Firstenergy's reported carbon emissions
In 2023, FirstEnergy reported total carbon emissions of approximately 15,088,854,000 kg CO2e across various scopes. The breakdown includes Scope 1 emissions of about 15,088,854,000 kg CO2e, which consists of mobile combustion (37,205,000 kg CO2e), fugitive emissions (80,316,000 kg CO2e), and stationary combustion (15,088,854,000 kg CO2e). Scope 2 emissions totalled approximately 1,381,759,000 kg CO2e, while Scope 3 emissions were about 22,077,705,000 kg CO2e, primarily from fuel and energy-related activities (22,077,705,000 kg CO2e) and purchased goods and services (1,304,109,000 kg CO2e). FirstEnergy has set ambitious climate commitments, aiming for a 50% reduction in carbon dioxide emissions from 2019 levels by 2030 for both Scope 1 and Scope 2 emissions. Additionally, the company is working towards carbon neutrality by 2050, with a near-term goal of achieving a 30% reduction in companywide Scope 1 greenhouse gas emissions by 2030, using 2019 as the baseline year. These initiatives reflect FirstEnergy's commitment to addressing climate change and promoting a sustainable energy future.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 17,935,528,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
| Scope 2 | 49,863,111,000 | - | 0,000,000,000 | 000,000,000 | 0,000,000,000 |
| Scope 3 | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
How Carbon Intensive is Firstenergy's Industry?
How Carbon Intensive is Firstenergy's Location?
Firstenergy's Scope 3 Categories Breakdown
Firstenergy's Scope 3 emissions, which decreased by 26% last year and decreased by approximately 17% since 2020, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 59% of total emissions under the GHG Protocol, with "Fuel and Energy Related Activities" being the largest emissions source at 94% of Scope 3 emissions.
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Firstenergy'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.
Firstenergy has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
