Public Profile

TRANSPOWER

Transpower New Zealand Limited, commonly referred to as Transpower, is a leading electricity transmission company headquartered in Wellington, New Zealand. Established in 1994, Transpower plays a crucial role in the energy sector, operating the national electricity grid and ensuring the reliable delivery of electricity across the country. With a focus on innovation and sustainability, Transpower provides essential services that include grid management, system operation, and infrastructure development. The company is recognised for its commitment to maintaining a secure and efficient electricity supply, which is vital for New Zealand's economic growth and environmental goals. Transpower's strategic initiatives and investments in technology have positioned it as a key player in the energy market, contributing to the transition towards renewable energy sources. Its notable achievements include enhancing grid resilience and supporting the integration of renewable energy projects, solidifying its reputation as a trusted leader in the industry.

DitchCarbon Score

How does TRANSPOWER'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.

34

Industry Average

Mean score of companies in the Electricity Distribution 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.

3

Industry Benchmark

TRANSPOWER's score of 34 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.

97%

TRANSPOWER's reported carbon emissions

In 2023, Transpower, headquartered in New Zealand, reported total carbon emissions of approximately 162,883,000 kg CO2e. This figure includes 6,452,000 kg CO2e from Scope 1 emissions, which primarily consist of fugitive emissions, and 111,572,000 kg CO2e from Scope 2 emissions, mainly from purchased electricity. Additionally, Scope 3 emissions totalled about 44,859,000 kg CO2e, encompassing various categories such as capital goods and employee commuting. In 2022, Transpower's emissions were higher, at approximately 218,293,000 kg CO2e, with Scope 1 emissions at 4,535,000 kg CO2e, Scope 2 at 169,318,000 kg CO2e, and Scope 3 at 44,440,000 kg CO2e. The company has shown a notable reduction in total emissions from 2022 to 2023. Despite these figures, Transpower has not publicly committed to specific reduction targets or initiatives, indicating a potential area for future development in their climate strategy. The absence of documented reduction targets suggests that while they are actively monitoring emissions, there may be opportunities to enhance their climate commitments and align with industry standards for sustainability.

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2021202220232024
Scope 1
-
0,000,000
0,000,000
0,000,000
Scope 2
204,699,000
000,000,000
000,000,000
000,000,000
Scope 3
19,084,000
00,000,000
00,000,000
00,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. TRANSPOWER's primary industry is Distribution and trade services of electricity, which is very high in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. TRANSPOWER is headquartered in NZ, which has a rank of very low, indicating very low grid carbon intensity.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

TRANSPOWER is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers