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 65% 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 2020, NextEra Energy Partners reported total carbon emissions of approximately 64,000,000 kg CO2e, comprising 52,753,000 kg CO2e from Scope 1 and 11,426,000 kg CO2e from Scope 2 emissions. There were no reported Scope 3 emissions. This data reflects a significant increase in emissions compared to previous years, with 2019 emissions at about 15,700,000 kg CO2e (9,791,000 kg CO2e from Scope 1 and 6,168,000 kg CO2e from Scope 2) and 2018 emissions at approximately 18,000,000 kg CO2e (12,663,000 kg CO2e from Scope 1 and 6,247,000 kg CO2e from Scope 2). Despite the increase in emissions, NextEra Energy Partners has not publicly disclosed specific reduction targets or initiatives as part of their climate commitments. The company does not appear to have cascaded any emissions reduction targets from parent organisations or industry initiatives such as the Science Based Targets initiative (SBTi). NextEra Energy Partners operates within the renewable energy sector, which is increasingly focused on reducing carbon footprints and enhancing sustainability practices. However, the absence of defined reduction targets may indicate a need for further commitment to climate action in alignment with industry standards.
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| 2016 | 2017 | 2018 | 2019 | 2020 | |
|---|---|---|---|---|---|
| Scope 1 | 17,235,000 | 00,000,000 | 00,000,000 | 0,000,000 | 00,000,000 |
| Scope 2 | 5,593,000 | 0,000,000 | 0,000,000 | 0,000,000 | 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.
