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Quanta Services
Real Estate ServicesUnited StatesNYSE: PWR
Last verified 6 months agoquantaservices.com
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.
30
DitchCarbon score
+1 vs industry average
Quanta Services’s score of 30 is lower than 47% 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
High
Real Estate Services has above-average carbon intensity
Industry performance
0.221
20182025
The Real Estate Services industry has reduced its overall emissions by 17% since 2018
Emissions trajectory 2020 – 2027
20202021202220232024202520262027
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Quanta Services's reported carbon emissions
Quanta Services, a US-based real estate services company, reported Scope 1 emissions of 874,837,000 kg CO2e, market-based Scope 2 emissions of 12,337,000 kg CO2e, and select Scope 3 emissions totalling 238,308,000 kg CO2e for 2024. This includes 28,209,000 kg CO2e from business travel, 17,639,000 kg CO2e from upstream leased assets, and 192,463,000 kg CO2e from fuel and energy-related activities.
Looking back, in 2023, the company's Scope 1 emissions were approximately 899,824,000 kg CO2e, market-based Scope 2 emissions were around 7,546,000 kg CO2e, and selected Scope 3 emissions were about 256,144,000 kg CO2e. In 2022, Scope 1 emissions stood at approximately 834,070,000 kg CO2e, market-based Scope 2 emissions at about 5,745,000 kg CO2e, and business travel (Scope 3) at around 20,359,000 kg CO2e.
Quanta Services has set long-term intensity-based reduction targets. By 2040, the company aims to reduce its Scope 1 CO2 intensity (g CO2/USD revenue) by at least 30% from a 2019 baseline. Similarly, it plans to reduce its Scope 2 CO2 intensity (g CO2/USD revenue) by at least 30% by 2040, also from a 2019 baseline.
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Quanta Services’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
At risk48%
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Behind target22%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
3 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
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Not active
Carbon Disclosure Project
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Active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Quanta Services6 months ago
30
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