Pseg Corporate
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.
DitchCarbon Score
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.
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
Pseg Corporate's score of 18 is lower than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Pseg Corporate's reported carbon emissions
In 2022, PSEG Corporate reported total carbon emissions of approximately 28,686,110,000 kg CO2e, comprising 1,878,390,000 kg CO2e from Scope 1, 990,221,000 kg CO2e from Scope 2, and a significant 27,181,293,000 kg CO2e from Scope 3 emissions. This indicates a substantial reliance on indirect emissions, particularly from the use of sold products. PSEG's emissions have seen fluctuations over the years, with a notable reduction in Scope 1 and 2 emissions from approximately 14,120,341,000 kg CO2e in 2016 to about 2,868,611,000 kg CO2e in 2022. However, the company has not set specific long-term reduction targets and has had commitments that have since expired. As of now, PSEG is committed to near-term targets but has not established a net-zero commitment. The company operates within the Electric Utilities and Independent Power Producers sector, focusing on reducing its carbon footprint while navigating the complexities of energy production and consumption. PSEG's ongoing efforts reflect a commitment to sustainability, although the absence of long-term targets raises questions about its future climate strategy.
Unlock detailed emissions data
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 |
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.
Pseg Corporate 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.
