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Pnm Resources
Electricity from Other SourcesUnited StatesNYSE: PNM
Last verified 24 days agopnmresources.com
PNM Resources, Inc., commonly known as PNM Resources, is a prominent energy holding company headquartered in the US, with significant operations spanning New Mexico and Texas. Through its principal regulated utilities, Public Service Company of New Mexico (PNM) and Texas-New Mexico Power (TNMP), the company reliably delivers essential electricity services to over 800,000 homes and businesses.
Specialising in the electric utility industry, PNM Resources provides comprehensive electricity generation, transmission, and distribution solutions. Established in 2001, building upon the century-long legacy of its constituent utilities, the company is committed to delivering affordable and increasingly clean energy. This focus includes ambitious sustainability goals, positioning PNM Resources as a key player in the transition towards a net-zero energy future within its operational regions.
3
DitchCarbon score
-13 vs industry average
Pnm Resources’s score of 3 is lower than 12% 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 – 2025
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.
Pnm Resources's reported carbon emissions
PNM Resources, a US-based company in the Electricity nec industry, reported Scope 1 emissions of approximately 4.84 billion kg CO2e and Scope 2 emissions of about 339.4 million kg CO2e in 2022. This represents a decrease in Scope 1 emissions from approximately 5.57 billion kg CO2e in 2021 and 5.52 billion kg CO2e in 2020. Scope 2 emissions have shown an increase from about 296.4 million kg CO2e in 2021 and 271.1 million kg CO2e in 2020. No Scope 3 emissions data is disclosed. PNM Resources has not disclosed any specific reduction targets, including SBTi targets or participation in the Climate Pledge.
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Pnm Resources’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Pnm Resources yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
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Not active
Carbon Disclosure Project
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Not active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Pnm Resources24 days ago
3
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