Genesis Energy, a prominent player in the energy sector, is headquartered in the United States and operates extensively across various regions. Founded in 1999, the company has established itself as a leader in the renewable energy landscape, focusing on sustainable electricity generation and innovative energy solutions.
With a diverse portfolio that includes hydroelectric, wind, and solar power, Genesis Energy distinguishes itself through its commitment to environmental stewardship and customer-centric services. The company has achieved significant milestones, including the expansion of its renewable energy capacity, positioning itself as a key contributor to the transition towards a low-carbon economy.
Recognised for its reliability and forward-thinking approach, Genesis Energy continues to enhance its market position, making strides in both operational efficiency and customer engagement within the competitive energy industry.
+8 vs industry average
Genesis Energy’s score of 24 is higher than 55% 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
Natural Gas Liquids is among the most carbon-intensive industries
Industry performance
The Natural Gas Liquids industry has reduced its overall emissions by 98% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Genesis Energy's reported carbon emissions
Genesis Energy, headquartered in the US, reported a total of approximately 287.1 million kg CO2e in Scope 1 and Scope 2 emissions for 2024. In 2023, the company's Scope 1 emissions were approximately 2.97 billion kg CO2e, and Scope 2 emissions were about 321.0 million kg CO2e. Scope 3 emissions data were not disclosed for 2024 or 2023. The company has established several climate commitments. Genesis Energy aims to reduce its Scope 1 emissions by 30% from a 2021 baseline by 2030. Additionally, they aim for a 25% reduction in Scope 2 emissions, also from a 2021 baseline, by 2030. Looking further ahead, Genesis Energy has a long-term goal of achieving net zero emissions by 2050. They also have a net-zero target for Scope 3 downstream emissions by 2040. Regarding past performance, Genesis Energy has observed a decrease in their total greenhouse gas emissions intensity by 38% since 2020, as reported for 2023. For 2022, Scope 1 emissions were approximately 3.08 billion kg CO2e, with Scope 2 emissions at about 296.7 million kg CO2e. In 2021, Scope 1 emissions totalled approximately 3.03 billion kg CO2e, and Scope 2 emissions were about 324.2 million kg CO2e. In 2020, Genesis Energy reported Scope 1 emissions of approximately 2.72 billion kg CO2e and Scope 2 emissions of about 353.8 million kg CO2e. Emissions data for 2019 indicate Scope 1 emissions were approximately 3.67 billion kg CO2e and Scope 2 emissions were about 358.3 million kg CO2e. The provided data does not indicate that Genesis Energy's emissions or climate commitments are cascaded from a parent organisation; the data is directly attributed to Genesis Energy, L.P.
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Genesis Energy’s Climate Goals (2030 & 2050)
5 goals2030
30% reduction in Scope 1
We aim to reduce our Scope 1 emissions by 30% from a 2021 baseline by 2030.
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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