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OrganisationsCon Edison
Con Edison logo

Con Edison

Electricity from Other SourcesUnited StatesNYSE: ED
Last verified 1 month agoconed.com

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.

9
DitchCarbon score

-7 vs industry average

Con Edison’s score of 9 is lower than 28% 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 from Other Sources is among the most carbon-intensive industries

Industry performance

3.039
20182025

The Electricity from Other Sources industry has reduced its overall emissions by 36% since 2018

Emissions trajectory 2020 – 2028

00.0B00.0B00.0B0.0B0

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202020212022202320242025202620272028

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.

Con Edison's reported carbon emissions

Con Edison, an electricity provider based in the US, reported Scope 1 emissions of approximately 2.7 billion kg CO2e for 2025, 2024, and 2023. In 2022, Scope 1 emissions were about 2.9 billion kg CO2e, and in 2021, they were approximately 2.8 billion kg CO2e.

Historically, Con Edison's emissions data includes Scope 1, 2, and 3. For 2020, total emissions were approximately 32.9 billion kg CO2e, comprising Scope 1 at about 2.4 billion kg CO2e, Scope 2 at about 900 million kg CO2e, and Scope 3 at about 29.5 billion kg CO2e. In 2019, total emissions stood at approximately 36.3 billion kg CO2e, with Scope 1 at 2.5 billion kg CO2e, Scope 2 at 1.2 billion kg CO2e, and Scope 3 at 32.5 billion kg CO2e.

Con Edison has made significant climate commitments, including a target to invest $1.5 billion in energy efficiency by 2025 to meet statewide targets. The company has achieved a reduction of 54% in its carbon footprint since 2005, which is equivalent to removing 500,000 vehicles from the road. Looking ahead, Con Edison aims for net-zero direct (Scope 1) emissions from its steam system by 2040 and plans an 85% reduction in fugitive methane emissions from its natural gas delivery system by the same year.

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Con Edison’s Climate Goals (2030 & 2050)

2025

Near-zero scope 1 & 2

Target to achieve near-zero emissions for direct operations and purchased energy

On track94%

2030

62% reduction in total GHG

Vs 2019 baseline. Validated by SBTi. Includes full supply chain.

At risk48%

2040

50% reduction in Scope 3 intensity

Across purchased goods and services and logistics.

Behind target22%

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Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.

Scope 3 top emissions categories

No scope 3 category breakdown has been disclosed yet.

Emissions comparison with industry peers

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USBusiness Services
6 days ago
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Southern logoSouthern
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Nextera Energy Partners Lp logoNextera Energy Partners Lp
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