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.
+14 vs industry average
Con Edison’s score of 29 is higher than 59% 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
Electricity from Other Sources is among the most carbon-intensive industries
Industry performance
The Electricity from Other Sources industry has reduced its overall emissions by 38% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Con Edison's reported carbon emissions
Con Edison, a US-based electricity provider, reported total carbon emissions of approximately 36.8 billion kg CO2e for 2024. This figure comprises Scope 1 emissions of 2.35 billion kg CO2e, Scope 2 emissions of 900 million kg CO2e, and Scope 3 emissions of 32 billion kg CO2e. The company is committed to significant emissions reductions, aiming for net-zero direct (Scope 1) emissions from its steam system by 2040 and an 85% reduction in fugitive methane emissions from its natural gas delivery system by the same year. Con Edison also plans to invest $1.5 billion in energy efficiency by 2025 to meet statewide targets. Historically, the company achieved a 54% reduction in its carbon footprint from 2005 levels by 2020, equivalent to removing 500,000 vehicles from the road. Emissions data is derived directly from Con Edison and not cascaded from a parent organisation.
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Con Edison’s Climate Goals (2030 & 2050)
5 goals2050
54% reduction in Scope 1
We have reduced our carbon footprint by 54 percent since 2005 – the equivalent of taking 500,000 vehicles off the road.
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.
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Con Edison
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