Pse Sustainability Profile
PSE, or Puget Sound Energy, is a leading utility company headquartered in the United States, specifically in Bellevue, Washington. Founded in 1997, PSE has established itself as a key player in the energy sector, primarily serving the Pacific Northwest region. The company focuses on providing electricity and natural gas services, with a commitment to sustainability and innovation. PSE is recognised for its diverse energy portfolio, which includes renewable energy sources such as wind and solar, setting it apart in the competitive utility market. With a strong emphasis on customer service and community engagement, PSE has achieved notable milestones, including significant investments in clean energy initiatives. As a trusted provider, PSE continues to enhance its market position while striving for a greener future.
DitchCarbon Score
How does Pse'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
Pse's score of 26 is lower than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Pse's reported carbon emissions
In 2024, Puget Sound Energy, Inc. (PSE) reported significant carbon emissions from its operations in the US, totalling approximately 6,526,663,000 kg CO2e for Scope 1 emissions, 302,188,000 kg CO2e for Scope 2 emissions (market-based), and 10,526,663,000 kg CO2e for Scope 3 emissions. The Scope 3 emissions included notable contributions from the use of sold products (about 5,856,292,000 kg CO2e) and fuel and energy-related activities (approximately 4,573,100,000 kg CO2e). PSE has set ambitious climate commitments, aiming for net zero carbon emissions for customer end use by 2045, with a near-term target of achieving net zero carbon from its transportation fleet by 2030. Additionally, PSE is working towards net zero emissions in its Scope 2 operations by 2030, aligning with its Clean Energy Implementation Plan (CEIP). The emissions data for PSE is cascaded from its parent company, Puget Energy, Inc., reflecting a comprehensive approach to sustainability and climate action within its corporate family. PSE's commitment to reducing its carbon footprint is evident in its long-term and near-term targets, demonstrating a proactive stance in addressing climate change.
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| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | 4,884,170,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 229,949,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 8,692,966,000 | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is Pse's Industry?
How Carbon Intensive is Pse's Location?
Pse's Scope 3 Categories Breakdown
Pse's Scope 3 emissions, which increased by 10% last year and increased by approximately 12% since 2020, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 64% of total emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 59% of Scope 3 emissions.
Top Scope 3 Categories
Pse'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.
Pse 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.
