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), headquartered in the US, reported significant carbon emissions totalling approximately 6,526,663,000 kg CO2e for Scope 1, 302,188,000 kg CO2e for Scope 2 (market-based), and 10,526,663,000 kg CO2e for Scope 3. This data reflects a comprehensive approach to emissions reporting, covering all three scopes of greenhouse gas emissions. 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, the company is working towards reducing Scope 2 emissions in alignment with its Clean Energy Implementation Plan (CEIP) by 2030. The emissions data for 2024 is cascaded from the parent company, Puget Energy, Inc., which provides a broader context for PSE's sustainability efforts. The company has embraced the spirit of the Clean Energy Transformation Act (CETA) in its climate strategies, indicating a commitment to long-term sustainability and carbon reduction. Overall, PSE's emissions and climate commitments reflect a proactive stance in addressing climate change, with specific targets and a clear framework for achieving net zero emissions in the coming decades.
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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.
