Xcel Energy

Xcel Energy, a US-based Electricity nec company, reported its latest emissions data for 2025, with Scope 1 emissions of approximately 29.31 billion kg CO2e, Scope 2 emissions of about 380 million kg CO2e, and Scope 3 emissions of approximately 23.23 billion kg CO2e.

Looking back, in 2024, Xcel Energy's Scope 1 emissions were approximately 32.66 billion kg CO2e, Scope 2 emissions were about 760 million kg CO2e, and Scope 3 emissions were approximately 22.10 billion kg CO2e. For 2023, Scope 1 emissions stood at around 36.18 billion kg CO2e, Scope 2 at approximately 310 million kg CO2e, and Scope 3 at about 23.32 billion kg CO2e. In 2022, the company's total emissions were approximately 62.96 billion kg CO2e, comprising Scope 1 emissions of about 37.96 billion kg CO2e, Scope 2 emissions of around 740 million kg CO2e, and Scope 3 emissions of approximately 24.26 billion kg CO2e. No emissions data was provided for 2021 or 2020.

Xcel Energy has robust climate commitments, aiming to deliver 100% carbon-free electricity by 2050, with an interim goal of reducing carbon emissions from electricity provided to customers by 80% by 2030, from 2005 levels. This target covers all scopes of emissions. Specifically for Scope 1 emissions, the company is targeting an 80% reduction in carbon dioxide emissions from electricity provided to customers by 2030, from a 2023 baseline. Similar 80% reduction targets for Scope 2 emissions by 2030 (from a 2005 baseline) and Scope 3 total emissions by 2030 (from a 2023 baseline) are also in place. Additionally, Xcel Energy is committed to being a net-zero energy provider by 2050, with a focus on Scope 3 total emissions, and aims for net-zero emissions for natural gas service by 2050. They also have a long-term vision for zero-carbon transportation in their service area by 2050, with an interim goal of enabling one in five vehicles to be electric by 2030, addressing downstream Scope 3 emissions.