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 31 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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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 represents a comprehensive approach to emissions reporting, including both direct and indirect emissions across their operations. PSEG has set ambitious climate commitments, aiming for carbon-free generation and net-zero operations by 2030. This includes a target to reduce Scope 1 and 2 greenhouse gas emissions by 25% from 2005 levels by 2025. Additionally, they plan to cut carbon emissions by 80% from 2005 levels by 2046, with a long-term goal of achieving net-zero emissions by 2050. These initiatives reflect PSEG's commitment to sustainability and the transition towards a low-carbon economy, aligning with industry standards and climate action frameworks. The company is investing in modern infrastructure to support the integration of renewable resources and low- and zero-carbon fuels, demonstrating a proactive approach to mitigating climate change impacts.
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| 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 | 0,000,000,000 | 00,000,000,000 | 0,000,000,000 |
| Scope 2 | 1,668,214,000 | - | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | - | - | - | - | 00,000,000,000 |
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 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.
