Puget Energy, Inc., a prominent player in the energy sector, is headquartered in the United States, specifically in Bellevue, Washington. Founded in 1997, the company has established itself as a key provider of energy solutions, primarily through its subsidiary, Puget Sound Energy (PSE), which serves millions of customers across the Pacific Northwest. Specialising in electric and natural gas services, Puget Energy is committed to delivering reliable and sustainable energy while prioritising environmental stewardship. The company has made significant strides in renewable energy integration, positioning itself as a leader in the transition to cleaner energy sources. With a strong market presence and a focus on innovation, Puget Energy continues to achieve notable milestones in enhancing energy efficiency and customer satisfaction.
How does Puget Energy, Inc.'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 Distribution 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.
Puget Energy, Inc.'s score of 2 is lower than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Puget Energy, Inc. reported no specific carbon emissions data, with no disclosed Scope 1, 2, or 3 emissions figures. The previous year's data from 2022 also showed a lack of reported emissions. However, the company has acknowledged a leak rate of approximately 0.299 kg CO2e per MWh of SF6 emissions, which is relevant to their electricity operations. Despite the absence of concrete emissions data, Puget Energy, Inc. is part of a corporate family structure where emissions data may be cascaded from its parent organisation. As a current subsidiary, it inherits its climate commitments and performance metrics from Puget Energy, Inc. itself, but no specific reduction targets or climate pledges have been outlined. The company operates within a broader industry context that increasingly prioritises sustainability and carbon reduction, yet it currently lacks defined reduction initiatives or commitments to frameworks such as the Science Based Targets initiative (SBTi). As such, Puget Energy, Inc. is positioned to enhance its climate strategy and transparency in future reporting.
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.
Puget Energy, Inc. is not participating in any 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.