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Contact Energy, a leading player in the electricity sector, is headquartered in New Zealand and operates extensively across the country. Founded in 1996, the company has established itself as a key provider of electricity and gas, focusing on renewable energy solutions and innovative technologies.
With a diverse portfolio that includes hydro, geothermal, and wind energy, Contact Energy stands out for its commitment to sustainability and reducing carbon emissions. The company has achieved significant milestones, including substantial investments in renewable energy projects, positioning itself as a market leader in the transition to a low-carbon future.
Recognised for its customer-centric approach and reliable service, Contact Energy continues to play a vital role in New Zealand's energy landscape, contributing to the nation’s energy security and environmental goals.
+21 vs industry average
Contact Energy’s score of 37 is higher than 64% 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.
Contact Energy, an electricity company based in NZ, reported Scope 1 emissions of 300,000,000 kg CO2e and Scope 2 emissions from purchased electricity of 50,000,000 kg CO2e in 2024. This follows 2023, where Scope 1 emissions were 400,000,000 kg CO2e and Scope 2 emissions from purchased electricity were 50,000,000 kg CO2e. In 2022, Scope 1 emissions were 500,000,000 kg CO2e. Looking further back, 2021 saw Scope 1 emissions at 600,000,000 kg CO2e, and 2020 at 700,000,000 kg CO2e. In 2019, Scope 1 emissions were 900,000,000 kg CO2e. For 2018, Scope 1 emissions were 1,000,000,000 kg CO2e and Scope 2 emissions from purchased electricity were 50,000,000 kg CO2e. In 2017, total reported emissions were approximately 1.14 billion kg CO2e, with Scope 1 mobile combustion emissions at 1,039,000 kg CO2e and stationary combustion emissions at 1,142,575,000 kg CO2e.
Contact Energy is committed to various climate initiatives, including achieving net-zero Scope 1 and 2 emissions by 2035. The company has near-term Science Based Targets initiative (SBTi) commitments to reduce absolute Scope 1 and 2 GHG emissions by 45% by 2026, against a 2018 base year. Additionally, Contact Energy aims to reduce absolute Scope 1 and 3 GHG emissions from all sold electricity by 45% by 2026 from a 2018 base year, and Scope 3 emissions from the use of sold products by 34% by 2026 from a 2018 base year. These targets covering Scope 1 and 2 GHG emissions are consistent with a 1.5°C warming scenario. Contact Energy also has long-term net-zero commitments for all scopes by 2050.
Access structured emission data, company specific factors and auditable source documents
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.


Common questions about Contact Energy’s sustainability data and climate commitments
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