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 63% 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 carbon emissions of approximately 5,381,589,000 kg CO2e, all of which fall under Scope 1 emissions. This figure represents a decrease from 5,571,587,000 kg CO2e in 2019 and 5,510,923,000 kg CO2e in 2018, indicating a positive trend in reducing their direct emissions over the years. The company has not disclosed any Scope 2 or Scope 3 emissions, which typically encompass indirect emissions from purchased electricity and other upstream and downstream activities. Despite the absence of specific reduction targets or commitments, TXNM Energy's ongoing efforts to lower their emissions intensity, which was approximately 517.1 short tons/MWh in 2020, suggest a commitment to improving their environmental performance. Overall, while TXNM Energy has made strides in reducing its carbon footprint, the lack of formal reduction targets or climate pledges indicates an area for potential growth in their sustainability strategy.
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| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | |
|---|---|---|---|---|---|---|
| Scope 1 | 6,557,171,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | - | - | - | - | - | - |
| Scope 3 | - | - | - | - | - | - |
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.
