Public Profile

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.

31

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.

25

Industry Benchmark

Pseg Corporate's score of 31 is higher than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.

74%

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Pseg Corporate's reported carbon emissions

In 2022, PSEG Corporate reported total carbon emissions of approximately 30,000,000,000 kg CO2e, with significant contributions from Scope 1, Scope 2, and Scope 3 emissions. Specifically, Scope 1 emissions accounted for about 1,878,390,000 kg CO2e, while Scope 2 emissions were approximately 990,221,000 kg CO2e. The majority of emissions stemmed from Scope 3, which totalled around 27,181,293,000 kg CO2e, primarily from the use and processing of sold products. PSEG has set ambitious climate commitments, aiming for carbon-free generation and net-zero operations by 2030. Additionally, the company targets a 25% reduction in Scope 1 and 2 greenhouse gas emissions by 2025, using 2005 levels as a baseline. Looking further ahead, PSEG plans to cut carbon emissions by 80% by 2046 and achieve net-zero emissions by 2050. These initiatives reflect PSEG's commitment to sustainability and its proactive approach to addressing climate change within the electric utilities sector.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

200520152016201720182019202020212022
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

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Pseg Corporate's primary industry is Electricity nec, which is medium in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Pseg Corporate is in US, which has a low grid carbon intensity relative to other regions.

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers