Public Profile

New Jersey Economic Development Authority (NJEDA)

The New Jersey Economic Development Authority (NJEDA), headquartered in the United States, plays a pivotal role in fostering economic growth across New Jersey. Established in 1974, NJEDA has been instrumental in supporting businesses through various financial and developmental initiatives, focusing on areas such as business financing, real estate development, and innovation support. With a commitment to enhancing the state's economy, NJEDA offers unique services, including tax incentives, grants, and loan programmes tailored to meet the needs of diverse industries. The authority has achieved notable milestones, positioning itself as a leader in economic development, particularly in sectors like technology, renewable energy, and small business support. Through its strategic initiatives, NJEDA continues to drive job creation and investment, solidifying its reputation as a cornerstone of New Jersey's economic landscape.

DitchCarbon Score

How does New Jersey Economic Development Authority (NJEDA)'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.

23

Industry Average

Mean score of companies in the Financial Intermediation 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

New Jersey Economic Development Authority (NJEDA)'s score of 23 is lower than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.

21%

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New Jersey Economic Development Authority (NJEDA)'s reported carbon emissions

The New Jersey Economic Development Authority (NJEDA) is committed to addressing climate change and reducing carbon emissions, although specific emissions data for recent years is not available. Currently, there are no documented reduction targets or initiatives outlined by NJEDA, which suggests a need for further development in their climate strategy. As an authority focused on economic development, NJEDA's role in promoting sustainable practices and supporting green initiatives is crucial in the broader context of New Jersey's climate commitments. While specific metrics and targets are absent, the NJEDA's engagement in climate-related activities is essential for fostering a resilient economy and reducing the state's overall carbon footprint. In summary, while NJEDA has not provided specific emissions data or reduction targets, their involvement in climate initiatives remains vital for New Jersey's environmental goals.

Industry emissions intensity

Very low
Low
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Very high
Some industries are more carbon intensive than others. New Jersey Economic Development Authority (NJEDA)'s primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
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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 New Jersey Economic Development Authority (NJEDA) is in US, which has a 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.

New Jersey Economic Development Authority (NJEDA) 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

Where does DitchCarbon data come from?

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