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.
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 89% 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 company’s revenue for the year was approximately USD 4.82 billion. In 2022, similar data was recorded, with no emissions disclosed and a revenue of about USD 4.22 billion. The only emissions-related information available pertains to the leak rate of CO2e emissions from SF6, which was reported as 0.488 kg CO2e per MWh for 2023 and 0.299 kg CO2e per MWh for 2022, although these figures do not fall under a specified scope. Puget Energy, Inc. currently does not have any publicly stated reduction targets or climate pledges, indicating a lack of formal commitments to reduce carbon emissions. The company is a current subsidiary, and any emissions data or climate initiatives would be cascaded from its parent organisation, but specific details on such relationships or initiatives are not provided. Overall, while Puget Energy, Inc. operates within the energy sector, its current emissions reporting and climate commitments appear limited, reflecting a need for enhanced transparency and accountability in its environmental impact strategies.
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.
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.
