PSEG Corporate, officially known as Public Service Enterprise Group Incorporated, is a leading energy company headquartered in the United States, with significant operations across the Northeastern region. Founded in 1903, PSEG has established itself as a key player in the energy sector, focusing on electric and gas utility services, as well as renewable energy solutions. The company is renowned for its commitment to sustainability and innovation, offering a diverse range of services that include electricity generation, transmission, and distribution. PSEG's unique approach to integrating clean energy technologies has positioned it as a frontrunner in the transition to a more sustainable energy future. With numerous accolades for reliability and customer service, PSEG continues to enhance its market position while contributing to the communities it serves.
How does Pseg Corporate'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.
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.
Pseg Corporate's score of 23 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Public Service Enterprise Group Inc. (PSEG) reported total carbon emissions of approximately 28,686,110 kg CO2e, which includes 1,878,390 kg CO2e from Scope 1, 990,221 kg CO2e from Scope 2, and a significant 27,181,293 kg CO2e from Scope 3 emissions. This reflects PSEG's ongoing commitment to addressing climate change within the electric utilities sector. PSEG has made various climate commitments, including a near-term target status that is currently marked as "Committed." However, it is important to note that previous commitments have been removed or expired, indicating a shift in their strategic approach to emissions reduction. The company is a member of the Business Ambition for 1.5°C initiative, which underscores its alignment with global climate goals. Historically, PSEG's emissions have shown fluctuations, with a total of approximately 14,520,000 kg CO2e reported in 2019, which included 13,378,214 kg CO2e from Scope 1 and 865,741 kg CO2e from Scope 2. The company has not yet established a net-zero target, but it continues to engage in initiatives aimed at reducing its carbon footprint. Overall, PSEG's emissions data and climate commitments reflect its ongoing efforts to navigate the challenges of climate change while striving for sustainability in the energy sector.
Access structured emissions data, company-specific emission factors, and source documents
2005 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|---|---|---|---|
Scope 1 | 24,898,116,000 | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 0,000,000,000 | 00,000,000,000 | 0,000,000,000 |
Scope 2 | 1,668,214,000 | - | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 3 | - | - | - | - | - | 00,000,000,000 | - | 00,000,000,000 | 00,000,000,000 |
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.
Pseg Corporate is participating in some 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.