CMS Energy Corp

Common Name
CMS Energy
Country
United States
Sector
Utilities
Industry
Utilities - Regulated Electric
Employees
8,324
Ticker
CMS
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
CMS Energy Corporation is a diversified energy holding company primarily engaged in regulated utility operations through its principal subsidiary, Consumers Energy. As Michigan's largest electric and ...

CMS Energy's GHG Emissions Data Preview

In 2023, CMS 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).

However, CMS Energy has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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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 CMS Energy’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore CMS Energy’s data sources below and access millions more through our Disclosure Search.

a. CMS Energy's Sustainability Report 2024
a. CMS Energy's Sustainability Report 2024
b. CMS Energy's ESG Report 2021
b. CMS Energy's ESG Report 2021

Insights into CMS Energy's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of CMS Energy amounted to 16,139,212 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 CMS Energy decreased by 9.02%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

CMS Energy's Scope 1 Emissions Over Time

20182019202020212022202304.5 M9 M13.5 M18 MtCO2e+2%-15%+18%+1%-9%
  • Total Scope 1
  • Year-over-Year Change

What are CMS Energy's Scope 1 emissions?

In 2023, the total Scope 1 emissions of CMS Energy were 16,083,829 metric tons of CO₂ equivalent (tCO₂e). a

Has CMS Energy reduced its Scope 1 emissions over time?

Since 2018, CMS Energy's Scope 1 emissions have decreased by 5.34%, reflecting a declining long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2022), CMS Energy's Scope 1 emissions decreased by 9%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are CMS Energy's Scope 2 emissions?

In 2023, CMS Energy reported Scope 2 greenhouse gas (GHG) emissions of 54,795 tCO₂e using the market-based method and 55,383 tCO₂e using the location-based method. a

Has CMS Energy reduced its Scope 2 emissions over time?

Compared to the previous year (2022), CMS Energy's Scope 2 emissions (Location-Based) fell by 15.16% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a

What methodology does CMS Energy use for Scope 2 reporting?

In 2023, CMS Energy reported its Scope 2 emissions using the market-based method and using the location-based method. a

CMS Energy's Scope 2 Emissions Over Time

2018201920202021202220230150 k300 k450 k600 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into CMS Energy's Value Chain Emissions

In 2023, CMS Energy reported 22,695,080 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 CMS Energy includes a breakdown across 0 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

CMS Energy's Scope 3 Emissions Over Time

20182019202020212022202306 M12 M18 M24 MtCO2e-10%-13%-6%+41%-5%
  • Total Scope 3
  • Year-over-Year Change

What are CMS Energy's Scope 3 emissions?

In 2023, CMS Energy reported total Scope 3 emissions of 22,695,080 metric tons of CO₂ equivalent (tCO₂e). a

Has CMS Energy reduced its Scope 3 emissions over time?

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

Compared to the previous year (2022), CMS Energy's Scope 3 emissions remained relatively stable, indicating that CMS Energy 's emissions have plateaued with no significant change in its value chain footprint. a

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

In 2023, CMS Energy reported Scope 1 greenhouse gas (GHG) emissions of 16,083,829 tCO₂e and total revenues of USD 7,462 millions. This translates into an emissions intensity of 2,155.43 tCO₂e per millions USD. a

CMS Energy's Scope 1 Emissions Intensity Compared to Peers

10,000200,0002,000,00020,000,000200,000,000Scope 1 Emissions (tCO2e)2001,0005,00020,000100,000Revenues (Millions of USD)CTPortland 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: $M 4,696Scope 1 Intensity: 2,263.29 tCO2e/$MAmerican Electric PowerYear: 2023Scope 1: 44,453,919 tCO2eRevenue: $M 18,982Scope 1 Intensity: 2,341.86 tCO2e/$MExelonYear: 2024Scope 1: 434,000 tCO2eRevenue: $M 23,028Scope 1 Intensity: 18.85 tCO2e/$MAmerenYear: 2023Scope 1: 19,883,180 tCO2eRevenue: $M 7,500Scope 1 Intensity: 2,651.09 tCO2e/$MCCConsumers EnergyYear: 2023Scope 1: 12,482,384 tCO2eRevenue: $M 7,166Scope 1 Intensity: 1,741.89 tCO2e/$MConsolidated EdisonYear: 2023Scope 1: 2,676,000 tCO2eRevenue: $M 14,663Scope 1 Intensity: 182.50 tCO2e/$MDTE EnergyYear: 2023Scope 1: 22,631,000 tCO2eRevenue: $M 12,745Scope 1 Intensity: 1,775.68 tCO2e/$MEdison InternationalYear: 2023Scope 1: 1,200,000 tCO2eRevenue: $M 16,338Scope 1 Intensity: 73.45 tCO2e/$MOGE EnergyYear: 2023Scope 1: 9,040,683 tCO2eRevenue: $M 2,674Scope 1 Intensity: 3,380.58 tCO2e/$MCenterPoint EnergyYear: 2023Scope 1: 5,170,862 tCO2eRevenue: $M 8,696Scope 1 Intensity: 594.63 tCO2e/$MFirstEnergyYear: 2023Scope 1: 15,206,375 tCO2eRevenue: $M 12,870Scope 1 Intensity: 1,181.54 tCO2e/$MAlliant EnergyYear: 2023Scope 1: 13,631,273 tCO2eRevenue: $M 4,027Scope 1 Intensity: 3,384.97 tCO2e/$MTTTXNM EnergyYear: 2022Scope 1: 4,844,547 tCO2eRevenue: $M 2,250Scope 1 Intensity: 2,153.56 tCO2e/$MPPLYear: 2023Scope 1: 25,291,849 tCO2eRevenue: $M 8,312Scope 1 Intensity: 3,042.81 tCO2e/$MMGE EnergyYear: 2023Scope 1: 1,637,171 tCO2eRevenue: $M 690Scope 1 Intensity: 2,371.23 tCO2e/$MNextera EnergyYear: 2023Scope 1: 42,278,597 tCO2eRevenue: $M 28,114Scope 1 Intensity: 1,503.83 tCO2e/$MEvergyYear: 2024Scope 1: 20,958,294 tCO2eRevenue: $M 5,847Scope 1 Intensity: 3,584.27 tCO2e/$MDominion EnergyYear: 2023Scope 1: 29,500,000 tCO2eRevenue: $M 14,393Scope 1 Intensity: 2,049.61 tCO2e/$MPSEGYear: 2023Scope 1: 549,002 tCO2eRevenue: $M 11,237Scope 1 Intensity: 48.86 tCO2e/$MXcel EnergyYear: 2023Scope 1: 36,180,000 tCO2eRevenue: $M 14,206Scope 1 Intensity: 2,546.81 tCO2e/$MEversource EnergyYear: 2023Scope 1: 158,122 tCO2eRevenue: $M 11,911Scope 1 Intensity: 13.28 tCO2e/$MWEC Energy GroupYear: 2023Scope 1: 19,449,000 tCO2eRevenue: $M 8,893Scope 1 Intensity: 2,187.00 tCO2e/$MCMS EnergyYear: 2023Scope 1: 16,083,829 tCO2eRevenue: $M 7,462Scope 1 Intensity: 2,155.43 tCO2e/$M

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

In 2023, CMS Energy reported a Scope 1 emissions intensity of 2,155.43 tCO₂e per millions USD. Compared to the peer group median of 2,153.56 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

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

In 2023, CMS Energy ranked 13 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

CMS Energy is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

Insights into CMS Energy's Total Carbon Footprint

In 2023, CMS Energy reported a total carbon footprint of 38,834,292 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 6.59% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to CMS Energy's total carbon footprint was Scope 3 emissions, accounting for 58.44% of the company's total carbon footprint, followed by Scope 1 emissions at 41.42%. a

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