TXNM Energy, Inc.
TXNM Energy, Inc., headquartered in the United States, is a prominent player in the energy sector, specialising in innovative energy solutions. Founded in 2010, the company has established a strong presence in key operational regions across North America, focusing on renewable energy and sustainable practices. With a commitment to providing cutting-edge energy services, TXNM Energy offers a range of products, including solar energy systems and energy efficiency solutions. Their unique approach combines advanced technology with a customer-centric philosophy, setting them apart in a competitive market. Recognised for their contributions to the industry, TXNM Energy has achieved significant milestones, positioning themselves as a leader in the transition towards sustainable energy. Their dedication to quality and innovation continues to drive their success and influence in the energy landscape.
DitchCarbon Score
How does TXNM Energy, Inc.'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 Electricity Transmission 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
TXNM Energy, Inc.'s score of 15 is lower than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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TXNM Energy, Inc.'s reported carbon emissions
In 2020, TXNM Energy, Inc. reported a CO2 emission intensity of approximately 517.1 kg CO2e per MWh of electricity generated. This figure reflects the company's performance in the global energy sector, where it generated revenue of about USD 1.52 billion. Historical data indicates a slight increase in emission intensity from 2019, which was approximately 532.9 kg CO2e per MWh, and from 2018, which stood at about 556.1 kg CO2e per MWh. The trend shows a gradual decrease in emission intensity from 2017's figure of approximately 624.1 kg CO2e per MWh and 2016's 595.6 kg CO2e per MWh. Currently, TXNM Energy, Inc. has not disclosed specific reduction targets or commitments under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of defined reduction initiatives suggests that the company may be in the early stages of developing a comprehensive climate strategy. As the energy sector increasingly prioritises sustainability, TXNM Energy, Inc. will likely need to establish clear targets to align with industry standards and stakeholder expectations.
Industry emissions intensity
Location emissions 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.
TXNM Energy, Inc. is not participating in any of the initiatives that 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.
