Public Profile

Puget Energy, Inc.

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.

18

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.

10

Industry Benchmark

Puget Energy, Inc.'s score of 18 is higher than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.

82%

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Puget Energy, Inc.'s reported carbon emissions

In 2023, Puget Energy, Inc. reported total carbon emissions of approximately 7,293,922,000 kg CO2e. This figure includes emissions from all three scopes: Scope 1 emissions totalled about 7,293,922,000 kg CO2e, Scope 2 emissions were approximately 4,525,924,000 kg CO2e, and Scope 3 emissions reached about 4,560,023,000 kg CO2e. In 2022, the company’s total emissions were about 5,278,049,000 kg CO2e, with Scope 1 emissions at approximately 5,278,049,000 kg CO2e, Scope 2 emissions around 4,983,001,000 kg CO2e, and Scope 3 emissions about 5,020,333,000 kg CO2e. Despite these significant emissions figures, there are currently no disclosed reduction targets or climate pledges from Puget Energy, Inc. This lack of specific commitments may reflect broader industry challenges in addressing carbon emissions effectively. The company’s emissions data highlights the need for enhanced climate strategies and initiatives to mitigate their environmental impact.

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20222023
Scope 1
5,278,049,000
0,000,000,000
Scope 2
4,983,001,000
0,000,000,000
Scope 3
5,020,333,000
0,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Puget Energy, Inc.'s primary industry is Distribution and trade services of electricity, which is very high 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 Puget Energy, Inc. 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.

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.

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