Puget Energy, Inc. Sustainability Profile
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Puget Energy, Inc.'s score of 2 is lower than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Puget Energy, Inc.'s reported carbon emissions
In 2023, Puget Energy, Inc. reported no specific carbon emissions data, with no disclosed Scope 1, 2, or 3 emissions figures. The previous year, 2022, also showed a lack of detailed emissions data. However, the company has acknowledged a leak rate of approximately 0.488 kg CO2e per MWh for SF6 emissions in 2023 and 0.299 kg CO2e per MWh in 2022, although these figures do not fall under the specified scopes. Puget Energy, Inc. currently does not have any publicly stated reduction targets or commitments, nor does it participate in initiatives such as the Science Based Targets initiative (SBTi) or the Climate Pledge. The absence of specific climate commitments or reduction initiatives suggests a need for further development in their sustainability strategy. It is important to note that the emissions data and performance metrics are cascaded from Puget Energy, Inc. as a current subsidiary, with no additional data inherited from a parent organization. As such, the company is positioned within the broader context of the energy sector, which is increasingly focused on reducing carbon footprints and enhancing sustainability practices.
How Carbon Intensive is Puget Energy, Inc.'s Industry?
How Carbon Intensive is Puget Energy, Inc.'s Location?
Puget Energy, Inc.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Puget Energy, Inc. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
