Pinnacle West Capital
Pinnacle West Capital Corporation, commonly referred to as Pinnacle West, is a leading energy provider headquartered in Phoenix, Arizona. Founded in 1985, the company primarily operates in the electric utility industry, serving millions of customers across Arizona and parts of New Mexico. Pinnacle West is best known for its subsidiary, Arizona Public Service (APS), which delivers reliable electricity and innovative energy solutions. The company has achieved significant milestones, including advancements in renewable energy integration and a commitment to sustainability. Pinnacle West's core services encompass electricity generation, transmission, and distribution, with a unique focus on clean energy initiatives that set it apart in the market. Recognised for its strong market position, Pinnacle West continues to be a key player in the transition towards a more sustainable energy future.
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 Supply 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 27 is higher than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Pinnacle West Capital's reported carbon emissions
In 2022, Pinnacle West Capital Corporation reported total carbon emissions of approximately 12.67 million tonnes CO2e for Scope 1 emissions, with an additional 0.092 million tonnes CO2e for Scope 2 emissions. The company has shown a commitment to reducing its carbon footprint, achieving a score of "A-" in the CDP climate change assessment for 2021, indicating strong climate management practices. Over the years, Pinnacle West has made significant strides in emissions reduction. For instance, in 2020, the company reported Scope 1 emissions of about 11.26 million tonnes CO2e, down from approximately 12.63 million tonnes CO2e in 2019. This reflects a positive trend in their efforts to mitigate climate impact. Pinnacle West's emissions profile includes various sources, with Scope 1 emissions primarily from mobile combustion and fugitive emissions, while Scope 2 emissions arise from purchased electricity. The company has not specified any formal reduction targets but has consistently improved its CDP scores, indicating a commitment to enhancing its climate strategies. Overall, Pinnacle West Capital is actively working towards reducing its carbon emissions and improving its sustainability practices, aligning with industry standards for climate action.
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Add to project2005 | 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 | - | 0,000,000,000 | 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 committed to some 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.
