Pinnacle West Capital Sustainability Profile
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 18 is lower than 68% 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 2024, Pinnacle West Capital, headquartered in the US, reported significant carbon emissions, totalling approximately 10,975,406,280 kg CO2e for Scope 1 emissions and about 158,087,400 kg CO2e for Scope 2 emissions (market-based). Additionally, Scope 3 emissions from business travel were recorded at approximately 1,686,340 kg CO2e. Comparatively, in 2023, the company emitted around 10,628,383,000 kg CO2e in Scope 1 and approximately 165,717,000 kg CO2e in Scope 2 emissions. This indicates a slight increase in Scope 1 emissions year-on-year, while Scope 2 emissions decreased marginally. Pinnacle West Capital has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or SBTi commitments. The company’s emissions data is not cascaded from any parent organisation, ensuring that the reported figures are solely from Pinnacle West Capital Corporation. Overall, while Pinnacle West Capital has substantial emissions, it currently lacks defined climate commitments or reduction strategies, positioning it within an industry context that increasingly prioritises sustainability and carbon neutrality.
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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 | - | - | - | - | - | - | - | - | - | - | - |
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Pinnacle West Capital's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Pinnacle West Capital has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
