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OrganisationsQuanta Services
Quanta Services logo

Quanta Services

Real Estate ServicesUnited StatesNYSE: PWR
Last verified 5 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 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

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

0.0B0B000M000.0M0

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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: 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 goals

2040

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.

Insufficient data30%

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%

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Scope 3 top emissions categories

3 of 15 categories disclosed
Fuel & Energy Activities81%
Business Travel12%
Upstream Leased Assets7%
Fuel & Energy Activities81%
Business Travel12%
Upstream Leased Assets7%

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Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

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Not active
CDP

Carbon Disclosure Project

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Active
THE CLIMATE PLEDGE

The Climate Pledge

See details
Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

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Not active
RE 100

RE 100

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Not active
Climate Action 100+

Climate Action 100

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Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Quanta Services logoQuanta Services
USReal Estate Services
5 months ago
30
Aecom logoAecom
USEngineering Services
7 days ago
86
View
Atkinsrealis logoAtkinsrealis
CAFinancial Intermediation
3 days ago
77
View
Jacobs logoJacobs
USOther Heavy and Civil Engineering Construction
7 days ago
74
View
Turner Construction Company logoTurner Construction Company
USConstruction Work
7 days ago
59
View
Kbr logoKbr
USBusiness Services
7 days ago
52
View
Black & Veatch logoBlack & Veatch
USConstruction Work
7 days ago
40
View

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Ditchcarbonv260716.3
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