Quanta Services
Quanta Services, Inc. is a leading provider of specialised infrastructure solutions within the real estate services sector, primarily based in the United States. Headquartered in Houston, Texas, the company operates across various regions, delivering essential services to support the development and maintenance of energy and communications infrastructure. Founded in 1997, Quanta has established a strong market presence through its expertise in electrical and communications contracting, offering customised solutions that set it apart in the industry.
The company’s core offerings include design, installation, and maintenance of complex infrastructure systems, with a focus on safety, innovation, and reliability. Recognised for its significant contributions to energy and utility projects, Quanta Services has earned a reputation for delivering large-scale projects efficiently. Its market position is reinforced by a history of notable achievements and a commitment to supporting the evolving needs of the real estate and infrastructure sectors.
+1 vs industry average
Quanta Services’s score of 30 is lower than 48% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Real Estate Services has above-average carbon intensity
Industry performance
The Real Estate Services industry has reduced its overall emissions by 17% since 2018
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Quanta Services's reported carbon emissions
Quanta Services: Carbon Emissions and Climate Commitments
Quanta Services, headquartered in the US, a company operating within the real estate services industry, has disclosed its carbon emissions data for the past several years.
For the most recent reporting year, 2024, Quanta Services reported a Scope 1 emission total of approximately 874,837,000 kg CO2e and Scope 2 market-based emissions of approximately 12,337,000 kg CO2e. Scope 3 emissions for business travel were approximately 28,209,000 kg CO2e, upstream leased assets were approximately 17,639,000 kg CO2e, and fuel and energy-related activities were approximately 192,463,000 kg CO2e.
In 2023, Scope 1 emissions totalled approximately 899,824,000 kg CO2e. Scope 2 market-based emissions were approximately 7,546,000 kg CO2e. Scope 3 emissions included approximately 29,125,000 kg CO2e for business travel, 12,694,000 kg CO2e for upstream leased assets, and 214,325,000 kg CO2e for fuel and energy-related activities.
In 2022, Quanta Services reported Scope 1 emissions of approximately 834,070,000 kg CO2e and Scope 2 market-based emissions of approximately 5,745,000 kg CO2e. Scope 3 emissions for business travel amounted to approximately 20,359,000 kg CO2e.
The company's climate commitments include ambitious long-term reduction targets. From a 2019 baseline, Quanta Services aims to reduce its Scope 1 CO2 intensity by at least 30% by 2040, and similarly, reduce its Scope 2 CO2 intensity by at least 30% by 2040. These intensity targets are measured in grams of CO2 per US dollar of revenue.
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Quanta Services’s Climate Goals (2030 & 2050)
2 goals2040
30% reduction in Scope 2
From a 2019 baseline, reduce our Scope 2 CO2 intensity (g CO2/USD revenue) by at least 30% by 2040.
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
See all 2 climate goals
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Scope 3 top emissions categories
3 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives

Science Based Targets Initiative

Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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