In 2024, 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).
However, Consolidated Edison 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 | 2,587,000a | 2,676,000a | 2,815,000a | |
Total Scope 2 | ||||
Unspecified Calculation Method | 900,000a | 620,000b | 1,020,000b | |
Total Scope 3 | 32,000,000a | 32,400,000a | 32,400,000a | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 169.5726a | 182.5002a | 179.6426a |
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In 2024, the total operational greenhouse gas (GHG) emissions of Consolidated Edison amounted to 3,487,000 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 2023, the total operational greenhouse gas (GHG) emissions of Consolidated Edison increased by 5.79%, suggesting that the company faced challenges in reducing its emissions from its core operations.ab
In 2024, the total Scope 1 emissions of Consolidated Edison were 2,587,000 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, Consolidated Edison's Scope 1 emissions have decreased by 11.01%, reflecting a declining long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2023), Consolidated Edison's Scope 1 emissions decreased by 3.33%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2024, Consolidated Edison reported Scope 2 greenhouse gas (GHG) emissions of 900,000 tCO₂e without specifying the calculation method.a
Since 2019, Consolidated Edison's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have decreased by 22.41%, reflecting a declining long-term trend in Scope 2 emissions over time.ab
Compared to the previous year (2023), Consolidated Edison's Scope 2 emissions (Unspecified Calculation Method) rose by 45.16% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energyab
In 2024, Consolidated Edison reported its Scope 2 emissions using an unspecified methodology.a
In 2024, Consolidated Edison reported 32,000,000 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 2024 disclosure of Consolidated Edison 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, Consolidated Edison reported total Scope 3 emissions of 32,000,000 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, Consolidated Edison's Scope 3 emissionshave 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 (2023), 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
In 2024, Consolidated Edison reported Scope 1 greenhouse gas (GHG) emissions of 2,587,000 tCO₂e and total revenues of USD 15,256 millions. This translates into an emissions intensity of 169.57 tCO₂e per millions USD.a
In 2024, Consolidated Edison reported a Scope 1 emissions intensity of 169.57 tCO₂e per millions USD. Compared to the peer group median of 2,216.3, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, Consolidated Edison ranked 6 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Consolidated Edison is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, Consolidated Edison reported a total carbon footprint of 35,487,000 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 0.59% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.ab
The largest contributor to Consolidated Edison's total carbon footprint was Scope 3 emissions, accounting for 90.17% of the company's total carbon footprint, followed by Scope 1 emissions at 7.29%.a