ITC Holdings Corp.
ITC Holdings Corp., a leading player in the energy sector, is headquartered in the United States and operates primarily in the Midwest and Western regions. Founded in 2003, the company has established itself as a key provider of electric transmission services, focusing on the development and operation of high-voltage transmission networks. ITC's core offerings include transmission infrastructure and related services, which are distinguished by their commitment to reliability and efficiency. The company has achieved significant milestones, including the expansion of its transmission systems to enhance grid resilience. Recognised for its innovative approach, ITC Holdings Corp. continues to strengthen its market position, contributing to the evolution of the energy landscape while prioritising sustainability and customer service.
DitchCarbon Score
How does ITC Holdings Corp.'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 Transmission 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
ITC Holdings Corp.'s score of 31 is higher than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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ITC Holdings Corp.'s reported carbon emissions
In 2023, ITC Holdings Corp. reported total carbon emissions of approximately 1,135,500,000 kg CO2e, comprising 1,355,000,000 kg CO2e from Scope 1, 241,000,000 kg CO2e from Scope 2, and 295,000,000 kg CO2e from Scope 3 emissions. This represents a slight increase in emissions compared to 2022, when the company recorded approximately 1,258,000,000 kg CO2e in Scope 1, 193,000,000 kg CO2e in Scope 2, and 318,000,000 kg CO2e in Scope 3. ITC Holdings Corp. has set ambitious near-term climate commitments, aiming for significant reductions in both Scope 1 and Scope 2 emissions. In 2024, the company plans to inject over 1,200 Gigawatt-hours of electricity across various regions, including Chile, Spain, and the USA, which is expected to avoid around 500,000 metric tons of CO2e emissions. This initiative is part of their broader strategy to achieve net-zero emissions. The emissions data for ITC Holdings Corp. is cascaded from its corporate family, reflecting its current subsidiary status. The company is committed to transparency in its climate impact and reduction initiatives, aligning with industry standards for sustainability and climate action.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 1,258,000,000 | 0,000,000,000 |
| Scope 2 | 193,000,000 | 000,000,000 |
| Scope 3 | 318,000,000 | 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.
ITC Holdings Corp. 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.
