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Contact Energy
Electricity from Other SourcesNew ZealandPNK: COENF
Last verified 3 months agocontact.co.nz
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.
37
DitchCarbon score
+21 vs industry average
Contact Energy’s score of 37 is higher than 63% 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 – 2027
20202021202220232024202520262027
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.
Contact Energy's reported carbon emissions
Contact Energy, an Electricity nec company headquartered 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 for the 2024 reporting year. In 2023, Scope 1 emissions were 400,000,000 kg CO2e and Scope 2 emissions from purchased electricity were 50,000,000 kg CO2e. For 2022, Scope 1 emissions were 500,000,000 kg CO2e.
Contact Energy has set near-term Science Based Targets initiative (SBTi) commitments to reduce absolute Scope 1 and 2 GHG emissions by 45% by 2026, using a 2018 base year. They also aim 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. Additionally, Contact Energy has a net-zero pathway for Scope 1 and 2 emissions by 2035. The company also has a long-term net-zero commitment with the SBTi for all scopes by 2050, consistent with a 1.5°C warming scenario.
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Contact Energy’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%
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.
Climate initiatives
Science Based Targets Initiative
See details
Not active
Carbon Disclosure Project
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Active
The Climate Pledge
See details
Not active
UN Global Compact Climate Champions initiative
See details
Not active
RE 100
See details
Not active
Climate Action 100
See details
Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Contact Energy3 months ago
37
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Frequently asked questions
Common questions about Contact Energy’s sustainability data and climate commitments
Usage policy
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