Pinnacle West Capital
Pinnacle West Capital Corporation, commonly referred to as Pinnacle West, is a prominent energy holding company headquartered in the United States. Established in 1985, the company primarily operates in the electric utility sector, serving a vast customer base across Arizona and other key regions. Pinnacle West is best known for its subsidiary, Arizona Public Service (APS), which provides reliable electricity to millions of residents and businesses. The company is committed to sustainable energy solutions, focusing on renewable resources and innovative technologies that set it apart in the industry. With a strong market position, Pinnacle West has achieved significant milestones, including advancements in clean energy initiatives and infrastructure development. Its dedication to customer service and environmental stewardship underscores its reputation as a leader in the energy sector.
DitchCarbon Score
How does Pinnacle West Capital'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 Electricity from Other Sources 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
Pinnacle West Capital's score of 21 is higher than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Pinnacle West Capital's reported carbon emissions
In 2022, Pinnacle West Capital reported total carbon emissions of approximately 12,665,061,000 kg CO2e for Scope 1 and about 91,739,000 kg CO2e for Scope 2. The company has not disclosed any emissions data for 2023. Over the years, emissions have fluctuated, with Scope 1 emissions in 2021 at approximately 11,329,468,000 kg CO2e and Scope 2 emissions at about 112,162,000 kg CO2e. Pinnacle West Capital has not set specific reduction targets or initiatives as part of their climate commitments, nor have they engaged with the Science Based Targets initiative (SBTi) for formal reduction targets. The absence of disclosed Scope 3 emissions indicates a potential area for future reporting and commitment. The company’s carbon intensity from owned generation was reported at approximately 418.21 kg CO2e per MWh in 2023, reflecting their operational impact on climate change. As the energy sector increasingly focuses on sustainability, Pinnacle West Capital's future commitments and strategies will be crucial in addressing their carbon footprint and aligning with industry standards.
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| 2005 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2016 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 16,661,531,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
| Scope 2 | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | - | 00,000,000 | 000,000,000 | 000,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | - | - | - | 0,000,000,000 | - | - | - | - |
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.
Pinnacle West Capital 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.
