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Electricity from Other Sources
CA
updated 2 months ago

Metergy Solutions Sustainability Profile

Company website

Metergy Solutions, headquartered in California, is a leading provider in the energy management and utility solutions industry. Founded in 2015, the company has rapidly established itself as a key player, focusing on innovative software and hardware solutions that enhance energy efficiency and optimise utility operations. With a strong presence across North America, Metergy Solutions offers a range of core products, including advanced metering infrastructure and data analytics tools, which are designed to empower utilities and consumers alike. Their unique approach combines cutting-edge technology with user-friendly interfaces, setting them apart in a competitive market. Recognised for their commitment to sustainability and operational excellence, Metergy Solutions continues to drive advancements in energy management, positioning themselves as a trusted partner for utilities seeking to navigate the evolving energy landscape.

DitchCarbon Score

How does Metergy Solutions'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.

30

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.

26

Industry Benchmark

Metergy Solutions's score of 30 is higher than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.

52%

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Metergy Solutions's reported carbon emissions

In 2023, Metergy Solutions, headquartered in California, reported total carbon emissions of approximately 5,847,000 kg CO2e. This figure includes Scope 1 emissions of 25,000 kg CO2e, Scope 2 emissions of 115,000 kg CO2e, and Scope 3 emissions amounting to about 5,707,000 kg CO2e. The Scope 3 emissions breakdown reveals significant contributions from capital goods (2,316,000 kg CO2e), purchased goods and services (1,440,000 kg CO2e), and downstream transportation and distribution (1,640,000 kg CO2e). In comparison, the 2022 emissions data indicated a total of approximately 170,000 kg CO2e, with Scope 1 emissions at 50,000 kg CO2e and Scope 2 emissions at 120,000 kg CO2e. Notably, there were no reported Scope 3 emissions for that year. Despite the substantial emissions figures, Metergy Solutions has not disclosed any specific reduction targets or climate pledges. The absence of documented reduction initiatives suggests a need for further commitment to climate action. The emissions data is not cascaded from any parent organisation, indicating that these figures are solely attributed to Metergy Solutions Inc.

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20222023
Scope 1
50,000
00,000
Scope 2
120,000
000,000
Scope 3
-
0,000,000

How Carbon Intensive is Metergy Solutions's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Metergy Solutions's primary industry is Electricity from Other Sources, which is medium in terms of carbon intensity compared to other industries.

How Carbon Intensive is Metergy Solutions's Location?

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 Metergy Solutions is in CA, which has a very low grid carbon intensity relative to other regions.

Metergy Solutions's Scope 3 Categories Breakdown

Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Capital Goods" being the largest emissions source at 41% of Scope 3 emissions.

Top Scope 3 Categories

2023
Capital Goods
41%
Downstream Transportation & Distribution
29%
Purchased Goods and Services
25%
Upstream Transportation & Distribution
3%
Employee Commuting
1%
Business Travel
<1%
Fuel and Energy Related Activities
<1%
End-of-Life Treatment of Sold Products
<1%

Metergy Solutions'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.

Metergy Solutions has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

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

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