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 higher than 58% 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 short tons/MWh, reflecting its operational impact on climate change. The company has not disclosed specific Scope 1, 2, or 3 emissions data, nor has it set formal reduction targets or initiatives as part of its climate commitments. Over the previous years, the emission intensity has shown a trend, with values of about 532.9 short tons/MWh in 2019, 556.1 short tons/MWh in 2018, 624.1 short tons/MWh in 2017, and 595.6 short tons/MWh in 2016. This indicates a gradual improvement in emission intensity over time, although specific reduction targets or commitments have not been established. As TXNM Energy, Inc. continues to navigate its environmental responsibilities, the absence of formal climate pledges or reduction targets suggests an opportunity for the company to enhance its sustainability strategy and align with industry standards for carbon emissions reduction.
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.