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.
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.
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.
TXNM Energy, Inc.'s score of 15 is lower than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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, with no specific data disclosed for Scope 1, 2, or 3 emissions. Historical data indicates a trend of increasing emission intensity from 2016 to 2019, with values of about 595.6 kg CO2e/MWh in 2016, 624.1 kg CO2e/MWh in 2017, 556.1 kg CO2e/MWh in 2018, and 532.9 kg CO2e/MWh in 2019. Despite the absence of formal reduction targets or commitments, TXNM Energy, Inc. is actively engaged in sustainability initiatives as part of its corporate responsibility. The company has not cascaded any specific science-based targets (SBTi) or reduction initiatives from a parent organisation, indicating that its climate strategy is developed independently. Overall, while TXNM Energy, Inc. has not set explicit reduction targets, it continues to monitor and report its emissions, contributing to the broader discourse on climate action within the energy sector.
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.