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Consolidated Edison, Inc., commonly known as Con Edison, is a leading energy provider headquartered in New York, US. Established in 1824, the company has evolved into a key player in the electricity sector, primarily focusing on the distribution of electricity, gas, and steam services across New York City and surrounding areas.
Con Edison is renowned for its commitment to sustainability and innovation, offering a range of services that include energy efficiency programmes and renewable energy solutions. The company has achieved significant milestones, such as being one of the first utilities to implement smart grid technology, enhancing reliability and customer engagement. With a strong market position, Con Edison continues to be a vital contributor to the energy landscape, serving millions of customers while prioritising environmental stewardship and community support.
+17 vs industry average
Con Edison’s score of 33 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Electricity from Other Sources is among the most carbon-intensive industries
The Electricity from Other Sources industry has reduced its overall emissions by 36% since 2018
Scope 3 accounts for ••• of total emissions.
Con Edison reported total emissions of approximately 24.487 billion kg CO2e in 2025, comprising 2.789 billion kg CO2e in Scope 1 emissions, 915 million kg CO2e in Scope 2 emissions, and 20.783 billion kg CO2e in Scope 3 emissions. This follows total emissions of around 22.823 billion kg CO2e in 2024, with Scope 1 at 2.747 billion kg CO2e, Scope 2 at 1.139 billion kg CO2e, and Scope 3 at 18.937 billion kg CO2e. In 2023, the company's total emissions were approximately 22.689 billion kg CO2e, consisting of 2.670 billion kg CO2e from Scope 1, 791 million kg CO2e from Scope 2, and 19.228 billion kg CO2e from Scope 3.
Con Edison aims to achieve net-zero Scope 1 emissions from electric co-generation from its steam system by 2040. The company also plans an 85% reduction in fugitive methane emissions from its natural gas delivery system by 2040, having already achieved a 40% reduction since 2005. Furthermore, Con Edison has a long-term absolute target to reduce its Scope 1 and Scope 2 carbon footprint by 54% by 2050, referencing a 2005 baseline. The company is also investing $1.5 billion in energy efficiency by 2025 to meet statewide targets, with an intensity reduction target of 30% for Scope 2 emissions by 2025, starting from 2020.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
No scope 3 category breakdown has been disclosed yet.


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