PNM Resources

Sustainability Report and Carbon Intensity Rankings

Is PNM Resources doing their part?

Their DitchCarbon score is 44

PNM Resources has a DitchCarbon Score of 44 out of 100, indicating moderate performance in sustainability measures. This score reflects a certain level of carbon intensity in the company’s operations. There is room for improvement in reducing emissions and enhancing their sustainability efforts.

This was calculated based on 30+ company specific emissions data points, the higher the score, the better. Check out our methodology.

Industry emissions intensity

Very low

Low

Medium

High

Very high

PNM Resources is part of the energy generation and distribution industry, which has a carbon intensity ranking of low. Some industries are more damaging than others, this ranking gives you an indication of how carbon intensive the industry is which this company operates in.

Location emissions intensity

Very low

Low

Medium

High

Very high

PNM Resources operates in the United States, which has a low carbon intensity rating. This favorable environmental context supports the company’s sustainability efforts by indicating a cleaner energy grid and lower carbon footprint for their operations.
13.56%

...this company is doing 13.56% better in emissions than the industry average.

PNM Resources, founded in 1917, is a prominent player in the energy generation and distribution industry, headquartered in Albuquerque, New Mexico. The company operates through its utilities, PNM and TNMP, providing electricity to over 720,000 customers across New Mexico and Texas. With a generation capacity exceeding 2,530 megawatts, PNM Resources boasts a diverse energy portfolio that includes coal, natural gas, nuclear, and wind power sources.

Bad news, PNM Resources hasn't committed to SBTi goals yet

PNM Resources has not yet established specific commitments with the Science Based Targets initiative (SBTi). This means the company is still in the process of defining clear, science-based emissions reduction targets to align with global climate action efforts.

There’s always room for improvement,

DitchCarbon recommends...

PNM Resources should undertake a thorough inventory of all Scope 1 emissions sources to identify and mitigate direct greenhouse gas emissions.
Not participating

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✓ Peer group, recommended actions, historical reports, data sources

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✓ Complete SBTi and CDP status with sources

✓ Company emission source URLs

✓ Supply level emission factors

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Our methodology

Read about our emission calculation methodologies, and what the DitchCarbon Score means.