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OrganisationsChesapeake Utilities
Chesapeake Utilities logo

Chesapeake Utilities

Electricity DistributionUnited StatesNYSE: CPK
Last verified 1 month agochpk.com

Chesapeake Utilities Corporation, commonly referred to as Chesapeake Utilities, is a prominent energy provider headquartered in the United States. Established in 1859, the company has evolved significantly, now serving major operational regions across Delaware, Maryland, and Florida. Specialising in natural gas distribution, propane distribution, and electric services, Chesapeake Utilities stands out for its commitment to safety, reliability, and innovative energy solutions.

With a strong market position, the company has achieved notable milestones, including the expansion of its infrastructure and the introduction of renewable energy initiatives. Chesapeake Utilities is dedicated to delivering exceptional customer service and sustainable energy options, making it a leader in the utility industry. Its core offerings not only meet the diverse needs of its customers but also contribute to a greener future.

12
DitchCarbon score

-2 vs industry average

Chesapeake Utilities’s score of 12 is lower than 42% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Industry Intensity

Very High

Electricity Distribution is among the most carbon-intensive industries

Industry performance

2.262
20192024

The Electricity Distribution industry has reduced its overall emissions by 31% since 2019

Emissions trajectory 2020 – 2026

000.0M000.0M000.0M00.0M0

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2020202120222023202420252026

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Chesapeake Utilities's reported carbon emissions

In 2023, Chesapeake Utilities reported total carbon emissions of approximately 210.1 million kg CO2e. This figure comprises about 192.5 million kg CO2e from Scope 1 emissions and approximately 17.6 million kg CO2e from Scope 2 emissions. Notably, there is no reported data for Scope 3 emissions. Comparatively, emissions in 2022 were approximately 234.2 million kg CO2e, with Scope 1 contributing about 215.2 million kg CO2e and Scope 2 accounting for around 18.9 million kg CO2e. This indicates a reduction of about 24.1 million kg CO2e from 2022 to 2023. Chesapeake Utilities has not set specific reduction targets or initiatives as part of the Science Based Targets initiative (SBTi) or other climate pledges. The company continues to focus on its operational emissions, primarily from direct sources and energy consumption, while lacking comprehensive data on upstream and downstream emissions. Overall, Chesapeake Utilities is actively monitoring its carbon footprint and has demonstrated a commitment to reducing its emissions, although further transparency and specific reduction goals would enhance its climate strategy.

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Chesapeake Utilities’s Climate Goals (2030 & 2050)

No climate goals have been disclosed for Chesapeake Utilities yet.

Scope 3 top emissions categories

No scope 3 category breakdown has been disclosed yet.

Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

See details
Not active
CDP

Carbon Disclosure Project

See details
Not active
THE CLIMATE PLEDGE

The Climate Pledge

See details
Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

See details
Not active
RE 100

RE 100

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Not active
Climate Action 100+

Climate Action 100

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Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Chesapeake Utilities logoChesapeake Utilities
USElectricity Distribution
1 month ago
12
Boralex logoBoralex
CAElectricity from Other Sources
2 days ago
51
View
UIL Holdings Corporation logoUIL Holdings Corporation
USElectricity Distribution
12 days ago
45
View
Algonquin Power And Utilities logoAlgonquin Power And Utilities
CAElectricity from Other Sources
3 days ago
24
View
UNION GAS HOLDINGS logoUNION GAS HOLDINGS
SGGas/Diesel Oil
8 days ago
23
View
Ormat Technologies logoOrmat Technologies
USElectricity from Other Sources
8 days ago
22
View
Avista logoAvista
USElectricity Distribution
34 minutes ago
19
View

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