Genesis Energy
Genesis Energy, a leading energy provider in New Zealand, is headquartered in Auckland and operates extensively across the North Island. Founded in 1999, the company has established itself as a key player in the energy sector, focusing on electricity generation, natural gas supply, and renewable energy solutions. With a commitment to sustainability, Genesis Energy offers a unique portfolio of services, including innovative energy management solutions and a range of renewable energy options. The company has achieved significant milestones, such as transitioning to a more sustainable energy mix, which positions it favourably in the competitive market. Recognised for its customer-centric approach and operational excellence, Genesis Energy continues to lead the way in New Zealand's energy landscape, making strides towards a cleaner, more sustainable future.
DitchCarbon Score
How does Genesis Energy'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 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
Genesis Energy's score of 67 is higher than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Genesis Energy's reported carbon emissions
In 2023, Genesis Energy, headquartered in New Zealand, reported total carbon emissions of approximately 2,026,147,000 kg CO2e. This figure includes 1,075,990,000 kg CO2e from Scope 1 emissions, which encompass direct emissions from owned or controlled sources, and 949,997,000 kg CO2e from Scope 3 emissions, which cover indirect emissions from the use of sold products and other activities. The company also recorded 160,000 kg CO2e in Scope 2 emissions, related to purchased electricity. Genesis Energy has set ambitious climate commitments, aiming to reduce its absolute Scope 1 and 2 greenhouse gas emissions by 36% by FY2025, using FY2020 as the baseline. Additionally, the company targets a 21% reduction in absolute Scope 3 emissions from the use of sold products by the same year. These targets align with the Science Based Targets initiative (SBTi) and are designed to contribute to limiting global warming to 1.5°C. Over the years, Genesis Energy's emissions have fluctuated, with total emissions reaching approximately 5,672,805,000 kg CO2e in 2021 and 4,495,002,000 kg CO2e in 2020. The company is actively working towards its reduction goals, reflecting a commitment to sustainability and climate responsibility in the energy sector.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 2,492,279,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 251,000 | 000,000 | 000,000 | 000,000 | 000,000 | - |
| Scope 3 | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Genesis Energy is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
