NV ENERGY
NV Energy, officially known as Nevada Power Company, is a leading energy provider headquartered in the United States, specifically in Las Vegas, Nevada. Founded in 1906, the company has evolved significantly, serving millions of customers across the state and parts of California. As a key player in the utility industry, NV Energy focuses on delivering reliable electricity and natural gas services, with a commitment to sustainability and renewable energy initiatives. The company offers a diverse range of products and services, including energy efficiency programmes and renewable energy options, setting it apart in a competitive market. NV Energy has achieved notable milestones, such as significant investments in solar energy, positioning itself as a frontrunner in clean energy solutions. With a strong market presence, NV Energy continues to innovate, ensuring a sustainable energy future for its customers and the communities it serves.
DitchCarbon Score
How does NV ENERGY'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 Machinery and Equipment 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
NV ENERGY's score of 24 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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NV ENERGY's reported carbon emissions
In 2023, NV Energy reported total carbon emissions of approximately 18,000,000 kg CO2e, comprising 8,922,732,000 kg CO2e from Scope 1, 8,938,495,000 kg CO2e from Scope 2, and 531,057,000 kg CO2e from Scope 3 emissions. This reflects a significant commitment to transparency in their emissions reporting, covering all three scopes. Comparatively, in 2018, NV Energy's total emissions were about 10,899,261,000 kg CO2e, indicating a reduction over the years. The company has made strides in improving its emissions intensity, with a reported intensity of 454 kg CO2e per MWh for purchased generation in 2023, down from 774 kg CO2e per MWh in 2005. Despite these reductions, NV Energy has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of defined reduction targets suggests a need for further commitment to climate action in line with industry standards. Overall, NV Energy's emissions data highlights both progress and areas for improvement in their climate commitments.
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| 2005 | 2023 | |
|---|---|---|
| Scope 1 | 10,792,100,000 | 0,000,000,000 |
| Scope 2 | 10,952,666,000 | 0,000,000,000 |
| Scope 3 | 531,607,000 | 000,000,000 |
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.
NV ENERGY 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.
