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.
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.
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.
NV ENERGY's score of 10 is lower than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2018, NV Energy reported total carbon emissions of approximately 10,899,261,000 kg CO2e, a slight decrease from about 10,952,666,000 kg CO2e in 2005. This indicates a reduction in emissions over the period, although specific reduction targets or initiatives have not been detailed in the available data. The emissions intensity for total owned generation was recorded at 484 kg CO2e per MWh in 2018, down from 774 kg CO2e per MWh in 2005, showcasing an improvement in efficiency. While NV Energy has not specified any formal reduction targets or commitments, the company is likely engaged in ongoing efforts to enhance sustainability and reduce its carbon footprint in line with industry standards. The absence of detailed climate pledges or SBTi (Science Based Targets initiative) commitments suggests that further transparency and commitment may be beneficial for their climate strategy.
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 committed to any reduction initiatives 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.