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 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 4,500,012a | 4,512,017b | 4,409,109c | |
Total Scope 2 | ||||
Unspecified Calculation Method | 4,043a | 4,288b | 4,288c | |
Total Scope 3 | 9,447,807a | 9,220,534b | 10,275,418c | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 2,114.9655a | 1,935.4081b | 1,727.8427c |
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In 2024, the total operational greenhouse gas (GHG) emissions of Black Hills amounted to 4,504,055 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 2023, the total operational greenhouse gas (GHG) emissions of Black Hills decreased by 0.27%, showing that the company has made progress in taking action to reduce the climate impact of its operations.ab
In 2024, the total Scope 1 emissions of Black Hills were 4,500,012 metric tons of CO₂ equivalent (tCO₂e).a
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
In 2024, Black Hills reported Scope 2 greenhouse gas (GHG) emissions of 4,043 tCO₂e without specifying the calculation method.a
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
In 2024, Black Hills reported its Scope 2 emissions using an unspecified methodology.a
In 2024, Black Hills reported 9,447,807 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 2024 disclosure of Black Hills includes a breakdown across 0 of 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
In 2024, Black Hills reported total Scope 3 emissions of 9,447,807 metric tons of CO₂ equivalent (tCO₂e).a
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
In 2024, Black Hills reported Scope 1 greenhouse gas (GHG) emissions of 4,500,012 tCO₂e and total revenues of USD 2,128 millions. This translates into an emissions intensity of 2,114.97 tCO₂e per millions USD.a
In 2024, Black Hills reported a Scope 1 emissions intensity of 2,114.97 tCO₂e per millions USD. Compared to the peer group median of 74.17, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, Black Hills ranked 24 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Black Hills among the least efficient performers, with one of the highest emissions intensities in its sector.a
In 2024, Black Hills reported a total carbon footprint of 13,951,862 metric tons of CO₂ equivalent (tCO₂e) 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