Atmos Energy Corp

Common Name
Atmos Energy
Country
United States
Sector
Utilities
Industry
Utilities - Regulated Gas
Employees
5,260
Ticker
ATO
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Atmos Energy Corporation is a leading natural gas utility company specializing in the distribution and sale of natural gas across the United States. The company's primary function is to deliver natura...

Atmos Energy's GHG Emissions Data Preview

In 2023, Atmos Energy completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Atmos Energy has also provided a category-level breakdown for 1 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Atmos Energy’s Greenhouse Gas (GHG) Emissions Data

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a. Atmos Energy's Webpage captured from company’s website 2023
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Insights into Atmos Energy's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Atmos Energy amounted to 761,731.5 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Atmos Energy decreased by 2.69%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Atmos Energy's Scope 1 Emissions Over Time

201820192020202120222023070 k140 k210 k280 ktCO2e-2%-7%-35%-5%0%
  • Total Scope 1
  • Year-over-Year Change

What are Atmos Energy's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Atmos Energy were 156,162.3 metric tons of CO₂ equivalent (tCO₂e). a

Has Atmos Energy reduced its Scope 1 emissions over time?

Since 2018, Atmos Energy's Scope 1 emissions have decreased by 44.02%, reflecting a declining long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2022), Atmos Energy's Scope 1 emissions remained relatively stable, indicating that Atmos Energy's emissions have plateaued with no significant change in its operational footprint. a

What are Atmos Energy's Scope 2 emissions?

In 2023, Atmos Energy reported Scope 2 greenhouse gas (GHG) emissions of 605,569.2 tCO₂e without specifying the calculation method. a

Has Atmos Energy reduced its Scope 2 emissions over time?

Since 2018, Atmos Energy's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have decreased by 14.12%, reflecting a declining long-term trend in Scope 2 emissions over time. a

Compared to the previous year (2022), Atmos Energy's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Atmos Energy 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Atmos Energy use for Scope 2 reporting?

In 2023, Atmos Energy reported its Scope 2 emissions using an unspecified methodology. a

Atmos Energy's Scope 2 Emissions Over Time

2018201920202021202220230200 k400 k600 k800 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Atmos Energy's Value Chain Emissions

In 2023, Atmos Energy reported 20,128,511 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2023 disclosure of Atmos Energy includes a breakdown across 1 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Atmos Energy's Scope 3 Emissions Over Time

20182019202020212022202306 M12 M18 M24 MtCO2e+1%-9%+2%+8%-10%
  • Total Scope 3
  • Year-over-Year Change

What are Atmos Energy's Scope 3 emissions?

In 2023, Atmos Energy reported total Scope 3 emissions of 20,128,511 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 0% of these emissions originated from upstream activities such as purchased goods and capital goods, while 100% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has Atmos Energy reduced its Scope 3 emissions over time?

Since 2018, Atmos Energy's Scope 3 emissions have remained relatively stable, indicating that Atmos Energy 's emissions have plateaued with no significant change in its value chain footprint. a

Compared to the previous year (2022), Atmos Energy's Scope 3 emissions decreased by 10.15%, highlighting the company's efforts to lower indirect emissions from its value chain. a

What categories of Scope 3 emissions does Atmos Energy disclose?

In 2023, Atmos Energy reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol. a

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of Atmos Energy's Scope 3 emissions?

In 2023, the largest contributors to Atmos Energy's Scope 3 emissions were: a

  • Use of Sold Products (Cat. 11): 20,128,511 tCO₂e (100%)

Atmos Energy's Scope 3 Emissions by Categories

Use of Sold Products(Cat. 11)(100.0%)

Insights into Atmos Energy’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Atmos Energy reported Scope 1 greenhouse gas (GHG) emissions of 156,162.3 tCO₂e and total revenues of USD 4,275 millions. This translates into an emissions intensity of 36.53 tCO₂e per millions USD. a

Atmos Energy's Scope 1 Emissions Intensity Compared to Peers

5,000100,0001,000,00010,000,000200,000,000Scope 1 Emissions (tCO2e)2001,0005,00020,00050,000Revenues (Millions of USD)Portland General ElectricYear: 2023Scope 1: 6,843,029 tCO2eRevenue: $M 2,923Scope 1 Intensity: 2,341.10 tCO2e/$MPinnacle West CapitalYear: 2023Scope 1: 10,628,383 tCO2eRevenue: $M 4,696Scope 1 Intensity: 2,263.29 tCO2e/$MNiSourceYear: 2023Scope 1: 5,492,279 tCO2eRevenue: $M 5,505Scope 1 Intensity: 997.62 tCO2e/$MCMS EnergyYear: 2023Scope 1: 16,083,829 tCO2eRevenue: $M 7,462Scope 1 Intensity: 2,155.43 tCO2e/$MSouthwest Gas HoldingsYear: 2022Scope 1: 375,224 tCO2eRevenue: $M 4,960Scope 1 Intensity: 75.65 tCO2e/$MEssential UtilitiesYear: 2023Scope 1: 926,130 tCO2eRevenue: $M 2,054Scope 1 Intensity: 450.93 tCO2e/$MChesapeake UtilitiesYear: 2023Scope 1: 192,505 tCO2eRevenue: $M 671Scope 1 Intensity: 287.06 tCO2e/$MOGE EnergyYear: 2023Scope 1: 9,040,683 tCO2eRevenue: $M 2,674Scope 1 Intensity: 3,380.58 tCO2e/$MSpireYear: 2023Scope 1: 333,327 tCO2eRevenue: $M 2,666Scope 1 Intensity: 125.01 tCO2e/$MUGIYear: 2023Scope 1: 1,070,316 tCO2eRevenue: $M 8,928Scope 1 Intensity: 119.88 tCO2e/$MAmerican Water WorksYear: 2023Scope 1: 74,877 tCO2eRevenue: $M 4,234Scope 1 Intensity: 17.68 tCO2e/$MConstellation EnergyYear: 2023Scope 1: 9,679,181 tCO2eRevenue: $M 24,918Scope 1 Intensity: 388.44 tCO2e/$MSempraYear: 2023Scope 1: 6,800,000 tCO2eRevenue: $M 16,720Scope 1 Intensity: 406.70 tCO2e/$MAvistaYear: 2022Scope 1: 2,458,675 tCO2eRevenue: $M 1,710Scope 1 Intensity: 1,437.65 tCO2e/$MEvergyYear: 2023Scope 1: 23,429,233 tCO2eRevenue: $M 5,508Scope 1 Intensity: 4,253.52 tCO2e/$MBlack HillsYear: 2023Scope 1: 4,512,017 tCO2eRevenue: $M 2,331Scope 1 Intensity: 1,935.41 tCO2e/$MDominion EnergyYear: 2023Scope 1: 29,500,000 tCO2eRevenue: $M 14,393Scope 1 Intensity: 2,049.61 tCO2e/$MPSEGYear: 2023Scope 1: 549,002 tCO2eRevenue: $M 11,237Scope 1 Intensity: 48.86 tCO2e/$MNew Jersey ResourcesYear: 2023Scope 1: 50,068 tCO2eRevenue: $M 1,963Scope 1 Intensity: 25.51 tCO2e/$MONE GasYear: 2023Scope 1: 417,058 tCO2eRevenue: $M 2,372Scope 1 Intensity: 175.83 tCO2e/$MAESYear: 2023Scope 1: 33,401,000 tCO2eRevenue: $M 12,668Scope 1 Intensity: 2,636.64 tCO2e/$MXcel EnergyYear: 2023Scope 1: 36,180,000 tCO2eRevenue: $M 14,206Scope 1 Intensity: 2,546.81 tCO2e/$MWEC Energy GroupYear: 2023Scope 1: 19,449,000 tCO2eRevenue: $M 8,893Scope 1 Intensity: 2,187.00 tCO2e/$MAtmos EnergyYear: 2023Scope 1: 156,162 tCO2eRevenue: $M 4,275Scope 1 Intensity: 36.53 tCO2e/$M

How does Atmos Energy's GHG emissions intensity compare to its peers?

In 2023, Atmos Energy reported a Scope 1 emissions intensity of 36.53 tCO₂e per millions USD. Compared to the peer group median of 997.62, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Atmos Energy rank on GHG emissions intensity within its industry?

In 2023, Atmos Energy ranked 3 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places Atmos Energy among the top performers, with one of the lowest emissions intensities relative to peers. a

Insights into Atmos Energy's Total Carbon Footprint

In 2023, Atmos Energy reported a total carbon footprint of 20,890,242.5 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 9.9% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to Atmos Energy's total carbon footprint was Scope 3 emissions, accounting for 96.35% of the company's total carbon footprint, followed by Scope 2 emissions at 2.9%. a

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