Salt River Project (SRP), headquartered in the United States, is a leading entity in the distribution and trade services of electricity. Established in 1903, SRP has evolved into a vital provider of energy solutions, primarily serving the Phoenix metropolitan area and surrounding regions.
With a commitment to sustainability, SRP offers a diverse range of services, including electricity generation, water supply, and renewable energy initiatives. The company is recognised for its innovative approach to integrating solar power and energy efficiency programmes, setting it apart in the competitive energy market.
SRP's dedication to customer service and community engagement has solidified its position as a trusted energy provider, making significant strides in reducing carbon emissions and promoting environmental stewardship. As a pioneer in the industry, SRP continues to lead the way in delivering reliable and sustainable energy solutions.
+10 vs industry average
SRP’s score of 25 is higher than 54% 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
Electricity Distribution is among the most carbon-intensive industries
Industry performance
The Electricity Distribution industry has reduced its overall emissions by 31% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
SRP's reported carbon emissions
SRP, a US-based distribution and trade services of electricity company, is committed to reducing its carbon emissions. The company aims for net-zero carbon emissions by 2050, with a particular focus on Scope 1 and Scope 2 emissions related to generation sold to retail customers. **Recent Emissions Data:** * **2024:** Total Scope 1 emissions were approximately 16.3 billion kg CO2e, Scope 2 (market-based) emissions were about 100 million kg CO2e, and Scope 3 emissions totalled approximately 5.01 billion kg CO2e. The combined Scope 1 and 2 market-based emissions were around 16.39 billion kg CO2e. * **2023:** Scope 1 emissions were approximately 15.38 billion kg CO2e, Scope 2 (market-based) emissions were about 90 million kg CO2e, and Scope 3 emissions totalled approximately 4.8 billion kg CO2e. The combined Scope 1 and 2 market-based emissions were around 15.47 billion kg CO2e. * **2022:** Scope 1 emissions were approximately 15.32 billion kg CO2e, Scope 2 (market-based) emissions were about 100 million kg CO2e, and Scope 3 emissions totalled approximately 5.43 billion kg CO2e. The combined Scope 1 and 2 market-based emissions were around 15.42 billion kg CO2e. * **2021:** Scope 1 emissions were approximately 15.34 billion kg CO2e, Scope 2 (market-based) emissions were about 120 million kg CO2e, and Scope 3 emissions totalled approximately 4.85 billion kg CO2e. The combined Scope 1 and 2 market-based emissions were around 15.5 billion kg CO2e. * **2020:** Scope 1 emissions were approximately 17.19 billion kg CO2e, Scope 2 (market-based) emissions were about 60 million kg CO2e, and Scope 3 emissions totalled approximately 3 billion kg CO2e. The combined Scope 1 and 2 market-based emissions were around 17.25 billion kg CO2e. * **2019:** Scope 1 emissions were approximately 20.85 billion kg CO2e, Scope 2 (market-based) emissions were about 50 million kg CO2e, and Scope 3 emissions totalled approximately 2.98 billion kg CO2e. The combined Scope 1 and 2 market-based emissions were around 20.9 billion kg CO2e. * **2018:** Scope 1 emissions were approximately 19.97 billion kg CO2e, Scope 2 (market-based) emissions were about 70 million kg CO2e, and Scope 3 emissions totalled approximately 2.96 billion kg CO2e. The combined Scope 1 and 2 market-based emissions were around 20.05 billion kg CO2e. * **2017:** Scope 1 emissions were approximately 20.94 billion kg CO2e and Scope 2 (market-based) emissions were about 90 million kg CO2e. Scope 3 data was not disclosed for this year. The combined Scope 1 and 2 market-based emissions were around 21.03 billion kg CO2e. * **2016:** Scope 1 emissions were approximately 22.09 billion kg CO2e and Scope 2 (market-based) emissions were about 100 million kg CO2e. Scope 3 data was not disclosed for this year. The combined Scope 1 and 2 market-based emissions were around 22.18 billion kg CO2e. **Climate Commitments and Reduction Targets:** SRP is committed to ambitious sustainability goals, including: * **Net-Zero by 2050:** The company has set a long-term target to achieve net-zero carbon emissions by 2050 across Scope 1 and Scope 2. * **Generation Carbon Intensity Reduction:** SRP aims to reduce the amount of CO2 emitted from generation sold to retail customers (per MWh) by 82% from 2005 levels by 2035. This translates to a target intensity of approximately 284 lbs/MWh. This target applies to both Scope 1 and Scope 2 emissions. **Additional Information:** * SRP's reporting in 2024 indicates that Scope 3 emissions are disclosed as upstream categories, including capital goods, employee commute, waste generated in operations, and fuel and energy-related activities. * The company's 2025 Strategic Planning packet includes information on retail generation carbon intensity, non-hazardous industrial solid waste diversion rates, municipal solid waste diversion rates, and forest acres thinned, suggesting a broader environmental stewardship approach. * The data provided is not cascaded from a parent organisation; SRP is the ultimate reporting entity.
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SRP’s Climate Goals (2030 & 2050)
5 goals2050
2050 goal: Net-zero carbon emissions
2050 goal: Net-zero carbon emissions
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 5 climate goals
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Scope 3 top emissions categories
5 of 15 categories disclosedSee all scope 3 categories
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Emissions comparison with industry peers
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