Nextera Energy Partners Lp Sustainability Profile
Nextera Energy Partners, LP, a prominent player in the renewable energy sector, is headquartered in the United States. Founded in 2014, the company focuses on the acquisition and operation of clean energy projects, primarily in wind and solar power. With a strong presence across various operational regions, Nextera Energy Partners has established itself as a leader in sustainable energy solutions. The company’s core offerings include renewable energy generation and energy storage, distinguished by their commitment to innovation and efficiency. Notable achievements include a robust portfolio of renewable assets, positioning Nextera Energy Partners as a key contributor to the transition towards a low-carbon economy. With a focus on sustainability and growth, Nextera Energy Partners continues to shape the future of energy in the US and beyond.
DitchCarbon Score
How does Nextera Energy Partners Lp'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 Lp's score of 44 is higher than 67% 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 Lp's reported carbon emissions
In 2023, Nextera Energy Partners LP reported total carbon emissions of approximately 42,303,675,050 kg CO2e. The breakdown of emissions includes about 42,287,796,000 kg CO2e from Scope 1, approximately 16,300,370 kg CO2e from Scope 2 (market-based), and around 2,671,312,210 kg CO2e from Scope 3 emissions. This data reflects a comprehensive approach to emissions reporting, covering all three scopes. Nextera Energy has set ambitious climate commitments, aiming for a 25% reduction in absolute CO2 emissions by 2030 from a 2005 baseline. This target applies to both Scope 1 and Scope 2 emissions. Additionally, the company has a near-term goal to reduce its CO2 emissions rate by 70% by 2025, also based on a 2005 adjusted baseline. Looking further ahead, Nextera Energy is committed to achieving Real Zero carbon emissions by 2045, a significant long-term goal that underscores its dedication to sustainability and climate action. These commitments are part of a broader strategy to enhance environmental performance and align with industry standards for climate responsibility. The emissions data and reduction targets are sourced from NextEra Energy, Inc., reflecting a corporate family relationship that informs Nextera Energy Partners LP's sustainability initiatives.
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| 2005 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
| Scope 2 | - | - | - | 00,000,000 | - | - | 00,000,000 |
| Scope 3 | - | - | - | 0,000,000,000 | - | - | 0,000,000,000 |
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Nextera Energy Partners Lp's Scope 3 Categories Breakdown
Nextera Energy Partners Lp's Scope 3 emissions, which increased by 23% last year and increased by approximately 23% since 2020, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 6% of total emissions under the GHG Protocol, with "Fuel and Energy Related Activities" being the largest emissions source at 100% of Scope 3 emissions.
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Nextera Energy Partners Lp'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.
Nextera Energy Partners Lp has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
