Sprague Energy Sustainability Profile
Sprague Energy, a prominent player in the energy sector, is headquartered in the United States and operates extensively across the Northeast and Mid-Atlantic regions. Founded in 1870, the company has established itself as a leader in the supply and distribution of energy products, including heating oil, propane, and natural gas. With a commitment to reliability and customer service, Sprague Energy offers unique solutions tailored to meet the diverse needs of residential, commercial, and industrial clients. The company’s strategic focus on sustainability and innovation has positioned it as a trusted partner in the energy market. Notable achievements include a robust supply chain and a strong market presence, making Sprague Energy a key contributor to the region's energy landscape.
DitchCarbon Score
How does Sprague Energy'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 Business Services 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
Sprague Energy's score of 29 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Sprague Energy's reported carbon emissions
In 2021, Sprague Energy reported total greenhouse gas (GHG) emissions of approximately 118.8 million pounds carbon dioxide equivalent (CO2e), which translates to about 53,800,000 kg CO2e. This figure includes Scope 1 emissions of 719,833.4 kg CO2e, Scope 2 emissions of 53,504.85 kg CO2e, and Scope 3 emissions of 141,063.14 kg CO2e. Notably, the company achieved a significant reduction of about 14% in its GHG emissions from the previous year, 2020, where total emissions were approximately 55,000,000 kg CO2e. Sprague Energy has set ambitious long-term climate commitments, aiming for net zero emissions by 2050 across both Scope 1 and Scope 2 emissions. This commitment reflects a proactive approach to addressing climate change and aligns with industry standards for sustainability. The emissions data is cascaded from its parent company, Sprague Resources LP, which provides a comprehensive overview of the company's environmental impact. Sprague Energy's ongoing efforts to reduce emissions and its commitment to achieving net zero by 2050 position it as a responsible player in the energy sector, dedicated to mitigating climate change.
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| 2019 | 2020 | 2021 | |
|---|---|---|---|
| Scope 1 | 808,693.51 | 000,000.00 | 000,000.0 |
| Scope 2 | 51,209.22 | 00,000.00 | 00,000.00 |
| Scope 3 | 153,873.05 | 000,000 | 000,000.00 |
How Carbon Intensive is Sprague Energy's Industry?
How Carbon Intensive is Sprague Energy's Location?
Sprague Energy's Scope 3 Categories Breakdown
Sprague Energy's Scope 3 emissions, which decreased by 2% last year and decreased by approximately 8% since 2019, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 15% of total emissions under the GHG Protocol, with "Capital Goods" being the largest emissions source at 192% of Scope 3 emissions.
Top Scope 3 Categories
Sprague Energy's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Sprague Energy has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
