Public Profile

Genesis Energy

Genesis Energy, officially known as Genesis Energy Limited, is a leading energy provider headquartered in New Zealand. Established in 1999, the company has grown to become a significant player in the electricity and gas industry, primarily serving the North Island region. Genesis Energy offers a diverse range of services, including electricity generation, retail, and gas supply, with a strong emphasis on renewable energy solutions. Their commitment to sustainability is evident in their investment in wind and hydroelectric power, setting them apart in a competitive market. With a focus on innovation and customer service, Genesis Energy has achieved notable milestones, including recognition for their efforts in reducing carbon emissions. As a trusted energy partner, they continue to play a pivotal role in New Zealand's transition to a cleaner energy 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.

59

Industry Average

Mean score of companies in the Natural Gas Liquids 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.

28

Industry Benchmark

Genesis Energy's score of 59 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.

95%

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Genesis Energy's reported carbon emissions

In 2023, Genesis Energy 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 321,046,000 kg CO2e from Scope 2 emissions, related to purchased electricity. Additionally, Scope 3 emissions totalled about 949,997,000 kg CO2e, covering indirect emissions from the value chain. Since 2020, Genesis Energy has achieved a significant reduction in its greenhouse gas emissions intensity, decreasing by about 38%. The company has set a long-term commitment to reach net zero emissions by 2050, focusing on Scope 1 emissions in its reduction strategy. This commitment aligns with industry standards for climate action and reflects a proactive approach to mitigating climate change impacts. Overall, Genesis Energy's emissions data and climate commitments demonstrate a clear trajectory towards sustainability, with ongoing efforts to reduce their carbon footprint while maintaining operational efficiency.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

201920202021202220232024
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
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

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Genesis Energy's primary industry is Natural Gas Liquids, which is medium in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Genesis Energy is in NZ, which has a very low grid carbon intensity relative to other regions.

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 not participating in any of the initiatives that 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers