NextEra Energy Partners
NextEra Energy Partners, LP, headquartered in the United States, is a leading player in the renewable energy sector. Founded in 2014, the company focuses on the acquisition and operation of clean energy projects, primarily in solar and wind power. With a strong presence across North America, NextEra Energy Partners has established itself as a significant contributor to the transition towards sustainable energy solutions. The company’s unique business model centres on long-term contracts that provide stable cash flows, allowing it to invest in high-quality renewable assets. Notable achievements include its position as one of the largest publicly traded renewable energy partnerships in the world, reflecting its commitment to innovation and sustainability. Through its strategic initiatives, NextEra Energy Partners continues to drive growth in the clean energy market, positioning itself as a key player in the industry's evolution.
DitchCarbon Score
How does NextEra Energy Partners'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 Wind Power 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
NextEra Energy Partners's score of 18 is lower than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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NextEra Energy Partners's reported carbon emissions
In 2021, NextEra Energy Partners reported significant carbon emissions, with Scope 1 emissions totalling approximately 43,027,155,000 kg CO2e and Scope 2 emissions at about 17,872,000 kg CO2e (market-based). The company has not disclosed any Scope 3 emissions. Comparatively, in 2020, the emissions were lower, with Scope 1 at approximately 52,753,000 kg CO2e and Scope 2 at about 11,426,000 kg CO2e. This indicates a notable reduction in Scope 1 emissions from 2020 to 2021. NextEra Energy Partners has not set specific reduction targets or initiatives as per the available data. The company does not appear to have cascaded any emissions data from a parent organisation, maintaining its own reporting standards. Overall, while NextEra Energy Partners has made strides in reducing its carbon footprint, further commitments and targets would enhance its climate strategy.
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| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|---|
| Scope 1 | 17,235,000 | 00,000,000 | 00,000,000 | 0,000,000 | 00,000,000 | 00,000,000,000 |
| Scope 2 | 5,593,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | - | - |
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.
NextEra Energy Partners 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.
