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Black Hills Corp
Black Hills's GHG Emissions Data Preview
In 2024, Black Hills 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).
However, Black Hills has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  c | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data. c | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  c | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  c | 0000000 |
Verified Sources Behind Black Hills’s Greenhouse Gas (GHG) Emissions Data
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Insights into Black Hills's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofBlack Hills amounted to4,504,055metric 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 2023, the total operational greenhouse gas (GHG) emissions of Black Hillsdecreased by 0.27%, showing that the company has made progress in taking action to reduce the climate impact of its operations.ab
Black Hills's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Black Hills's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Black Hills were 4,500,012 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Has Black Hills reduced its Scope 1 emissions over time?
Since 2022, Black Hills's Scope 1 emissions have increased by 2.06%, reflecting a rising long-term trend in Scope 1 emissions over time.ac
Compared to the previous year(2023), Black Hills's Scope 1 emissions remained relatively stable, indicating that Black Hills's emissions have plateaued with no significant change in its operational footprint.ab
What are Black Hills's Scope 2 emissions?
In 2024, Black Hills reported Scope 2 greenhouse gas (GHG) emissions of 4,043 tCOâ‚‚e without specifying the calculation method.a
Has Black Hills reduced its Scope 2 emissions over time?
Since 2022, Black Hills's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method)have remained relatively stable, indicating that Black Hills's emissions have plateaued with no significant change in its energy consumption footprint.ac
Compared to the previous year(2023), Black Hills's Scope 2 emissions(Unspecified Calculation Method) have remained relatively stable, indicating that Black Hills's emissions have plateaued with no significant change in its energy consumption footprint.ab
What methodology does Black Hills use for Scope 2 reporting?
In 2024, Black Hills reported its Scope 2 emissions using an unspecified methodology.a
Black Hills's Scope 2 Emissions Over Time
- Total Scope 2 (Unspecified Calculation Method)
Insights into Black Hills's Value Chain Emissions
In 2024, Black Hills reported 9,447,807 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Black Hills includes a breakdown across 0of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
Black Hills's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Black Hills's Scope 3 emissions?
In 2024, Black Hills reported total Scope 3 emissions of 9,447,807 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Has Black Hills reduced its Scope 3 emissions over time?
Since 2022, Black Hills's Scope 3 emissionshave remained relatively stable, indicating that Black Hills's emissions have plateaued with no significant change in its value chain footprint.ac
Compared to the previous year (2023), Black Hills's Scope 3 emissions remained relatively stable, indicating that Black Hills's emissions have plateaued with no significant change in its value chain footprint.ab
Insights into Black Hills’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Black Hills reported Scope 1 greenhouse gas (GHG) emissions of 4,500,012 tCOâ‚‚e and total revenues of USD 2,128 millions. This translates into an emissions intensity of 2,114.97 tCOâ‚‚e per millions USD.a
Black Hills's Scope 1 Emissions Intensity Compared to Peers
How does Black Hills's GHG emissions intensity compare to its peers?
In 2024, Black Hills reported a Scope 1 emissions intensity of 2,114.97 tCOâ‚‚e per millions USD. Compared to the peer group median of 416.27, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
Where does Black Hills rank on GHG emissions intensity within its industry?
In 2024, Black Hills ranked 19 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
Black Hills is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
Insights into Black Hills's Total Carbon Footprint
In 2024, Black Hills reported a total carbon footprint of 13,951,862 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 1.57% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.ab
The largest contributor to Black Hills's total carbon footprint was Scope 3 emissions, accounting for 67.72% of the company's total carbon footprint, followed by Scope 1 emissions at 32.25%.a