Consolidated Edison Inc

Common Name
Consolidated Edison
Country
United States
Sector
Utilities
Industry
Utilities - Regulated Electric
Employees
15,097
Ticker
ED
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Consolidated Edison Inc. is a prominent utility company responsible for the delivery of energy services in the northeastern United States. Its primary function is the transmission of electricity and n...

Consolidated Edison's GHG Emissions Data Preview

In 2023, Consolidated Edison 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).

Consolidated Edison 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 Consolidated Edison’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 Consolidated Edison’s data sources below and access millions more through our Disclosure Search.

a. Consolidated Edison's Sustainability Report 2023
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Insights into Consolidated Edison's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Consolidated Edison amounted to 3,296,000 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 Consolidated Edison decreased by 19.9%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Consolidated Edison's Scope 1 Emissions Over Time

2018201920202021202220230800 k1.6 M2.4 M3.2 MtCO2e-5%-6%+2%+1%-5%
  • Total Scope 1
  • Year-over-Year Change

What are Consolidated Edison's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Consolidated Edison were 2,676,000 metric tons of CO₂ equivalent (tCO₂e). a

Has Consolidated Edison reduced its Scope 1 emissions over time?

Since 2018, Consolidated Edison's Scope 1 emissions have decreased by 12.78%, reflecting a declining long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2022), Consolidated Edison's Scope 1 emissions decreased by 4.94%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Consolidated Edison's Scope 2 emissions?

In 2023, Consolidated Edison reported Scope 2 greenhouse gas (GHG) emissions of 620,000 tCO₂e without specifying the calculation method. a

Has Consolidated Edison reduced its Scope 2 emissions over time?

Since 2018, Consolidated Edison's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have decreased by 50%, reflecting a declining long-term trend in Scope 2 emissions over time. a

Compared to the previous year (2022), Consolidated Edison's Scope 2 emissions (Unspecified Calculation Method) fell by 52.31% 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 Consolidated Edison use for Scope 2 reporting?

In 2023, Consolidated Edison reported its Scope 2 emissions using an unspecified methodology. a

Consolidated Edison's Scope 2 Emissions Over Time

2018201920202021202220230350 k700 k1.05 M1.4 MtCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Consolidated Edison's Value Chain Emissions

In 2023, Consolidated Edison reported 32,400,000 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 Consolidated Edison 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

Consolidated Edison's Scope 3 Emissions Over Time

20182019202020212022202309 M18 M27 M36 MtCO2e-7%-9%+6%+3%0%
  • Total Scope 3
  • Year-over-Year Change

What are Consolidated Edison's Scope 3 emissions?

In 2023, Consolidated Edison reported total Scope 3 emissions of 32,400,000 metric tons of CO₂ equivalent (tCO₂e). a

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

Has Consolidated Edison reduced its Scope 3 emissions over time?

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

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

What categories of Scope 3 emissions does Consolidated Edison disclose?

In 2023, Consolidated Edison 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 Consolidated Edison's Scope 3 emissions?

In 2023, the largest contributors to Consolidated Edison's Scope 3 emissions were: a

  • Downstream Transportation and Distribution (Cat. 9): 32,400,000 tCO₂e (100%)

Consolidated Edison's Scope 3 Emissions by Categories

DownstreamTransportation andDistribution(Cat. 9)(100.0%)

Insights into Consolidated Edison's Total Carbon Footprint

In 2023, Consolidated Edison reported a total carbon footprint of 35,696,000 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2.24% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to Consolidated Edison's total carbon footprint was Scope 3 emissions, accounting for 90.77% of the company's total carbon footprint, followed by Scope 1 emissions at 7.5%. a

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