Public Profile

Maritime Electric Company, Ltd

Maritime Electric Company, Ltd., commonly referred to as Maritime Electric, is a leading utility provider headquartered in Charlottetown, Prince Edward Island, Canada. Established in 1917, the company has played a pivotal role in delivering reliable electricity to residential and commercial customers across the region. Specialising in the generation, transmission, and distribution of electrical power, Maritime Electric is committed to sustainable energy solutions and innovative practices. The company offers a range of services, including renewable energy initiatives and energy efficiency programs, setting it apart in the competitive utility sector. With a strong market position, Maritime Electric has achieved notable milestones in enhancing grid reliability and promoting environmental stewardship, making it a trusted name in the Canadian energy landscape.

DitchCarbon Score

How does Maritime Electric Company, Ltd'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.

19

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.

16

Industry Benchmark

Maritime Electric Company, Ltd's score of 19 is lower than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.

1%

Maritime Electric Company, Ltd's reported carbon emissions

In 2022, Maritime Electric Company, Ltd reported total carbon emissions of approximately 381,682,000 kg CO2e across all scopes. This included about 38,130,000 kg CO2e from Scope 1 emissions, approximately 22,916,000 kg CO2e from Scope 2, and around 381,682,000 kg CO2e from Scope 3 emissions. The company has shown fluctuations in its emissions over the years, with Scope 1 emissions increasing from about 28,894,000 kg CO2e in 2019 to 38,130,000 kg CO2e in 2022. Similarly, Scope 2 emissions decreased from approximately 21,547,000 kg CO2e in 2019 to 22,916,000 kg CO2e in 2022, while Scope 3 emissions have also varied, peaking at about 381,682,000 kg CO2e in 2022. Despite these figures, Maritime Electric has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company continues to focus on its operational emissions and the average greenhouse gas intensity of electricity generated, which reflects its ongoing efforts to manage its carbon footprint within the industry context.

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Add to project
2019202020212022
Scope 1
28,894,000
00,000,000
00,000,000
00,000,000
Scope 2
21,547,000
00,000,000
00,000,000
00,000,000
Scope 3
275,422,000
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. Maritime Electric Company, Ltd's primary industry is Electricity nec, 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. Maritime Electric Company, Ltd is headquartered in CA, which has a rank of low, indicating low grid carbon 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.

Maritime Electric Company, Ltd is not committed to any 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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