Spire Inc., commonly referred to as Spire, is a leading energy services provider headquartered in the United States. Founded in 2016, the company has rapidly established itself in the natural gas industry, primarily serving customers across the Midwest and Southeast regions. Spire focuses on delivering reliable energy solutions, including natural gas distribution and innovative energy services, which set it apart in a competitive market.
With a commitment to sustainability and customer satisfaction, Spire has achieved significant milestones, including the expansion of its infrastructure and the introduction of advanced technologies. The company is recognised for its strong market position, serving millions of customers while prioritising safety and environmental stewardship. Spire's unique approach to energy management and community engagement underscores its role as a trusted partner in the energy sector.
-4 vs industry average
Spire Inc.’s score of 14 is lower than 45% 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
Natural Gas Extraction is among the most carbon-intensive industries
Industry performance
The Natural Gas Extraction industry has reduced its overall emissions by 99% since 2019
Emissions trajectory 2020 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
Spire Inc.'s reported carbon emissions
In 2023, Spire Inc. reported total emissions of approximately 349,991,000 kg CO2e, which includes Scope 1 and Scope 2 emissions. The company has set ambitious targets to reduce its carbon footprint, aiming for a 25% reduction in both Scope 1 and Scope 2 emissions from a 2019 baseline by 2025. Additionally, Spire has made significant progress in reducing methane emissions from its gas utilities, achieving a reduction of over 51% since 2005, with a target of 73% reduction by 2035. Spire is committed to becoming carbon neutral by mid-century, with plans to implement infrastructure upgrades and improve fleet and facilities to achieve this goal. The company’s long-term strategy includes ongoing efforts to reduce emissions across its operations, focusing on both Scope 1 and Scope 2 emissions. As of now, there is no disclosed data for Scope 3 emissions. The emissions data is not cascaded from any parent organization, indicating that Spire Inc. is independently reporting its climate commitments and performance.
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Spire Inc.’s Climate Goals (2030 & 2050)
6 goals2035
73% reduction in Scope 1
We have reduced methane emissions from our gas utilities by more than 51% since 2005, and we're on target to reduce emissions by 73% by 2035…
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.
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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Spire Inc.
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