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 lower than 62% 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 significant carbon emissions, with Scope 1 emissions totalling approximately 12,665,061,000 kg CO2e and Scope 2 emissions at about 91,739,000 kg CO2e. The company has not disclosed any Scope 3 emissions data. Pinnacle West Capital has not set specific reduction targets or initiatives as part of their climate commitments, nor have they made any pledges under the Science Based Targets initiative (SBTi). This lack of defined reduction strategies may reflect broader industry challenges in addressing climate change effectively. The company’s emissions have fluctuated over the years, 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. The trend indicates a need for enhanced strategies to manage and reduce their carbon footprint in alignment with global climate goals. Overall, while Pinnacle West Capital has made strides in emissions reporting, the absence of concrete reduction targets highlights an area for potential improvement in their climate strategy.
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| 2005 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 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 | - | - | - | - | - | - | - | - | - | - | - |
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.
