Constellation Energy Corp

Common Name
Constellation Energy
Country
United States
Sector
Utilities
Industry
Utilities - Renewable
Employees
14,215
Ticker
CEG
Exchange
NASDAQ/NGS
Description
Constellation Energy Corporation is a prominent energy company specializing in electricity generation and distribution across various regions. As a major player in the utility sector, its primary func...

Constellation Energy's GHG Emissions Data Preview

In 2023, Constellation 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).

Constellation Energy has also provided a category-level breakdown for 4 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 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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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Constellation Energy's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Constellation Energy amounted to 9,972,072 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).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Constellation Energy increased by 5.78%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Constellation Energy's Scope 1 Emissions Over Time

2019202020212022202302.5 M5 M7.5 M10 MtCO2e-10%+3%+10%+6%
  • Total Scope 1
  • Year-over-Year Change

What are Constellation Energy's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Constellation Energy were 9,679,181 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Constellation Energy reduced its Scope 1 emissions over time?

Since 2019, Constellation Energy's Scope 1 emissions have increased by 9.16%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Constellation Energy's Scope 1 emissions increased by 6.34%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are Constellation Energy's Scope 2 emissions?

In 2023, Constellation Energy reported Scope 2 greenhouse gas (GHG) emissions of 379,850 tCOâ‚‚e using the market-based method and 292,891 tCOâ‚‚e using the location-based method.

Has Constellation Energy reduced its Scope 2 emissions over time?

Since 2019, Constellation Energy's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 30.01%, reflecting a declining long-term trend in Scope 2 emissions over time.

Compared to the previous year (2022), Constellation Energy's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Constellation Energy 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does Constellation Energy use for Scope 2 reporting?

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

Constellation Energy's Scope 2 Emissions Over Time

201920202021202220230150 k300 k450 k600 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Constellation Energy's Value Chain Emissions

In 2023, Constellation Energy reported 87,482,855 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of Constellation Energy includes a breakdown across 4 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.

Constellation Energy's Scope 3 Emissions Over Time

20192020202120222023030 M60 M90 M120 MtCO2e+5%-19%0%+7%
  • Total Scope 3
  • Year-over-Year Change

What are Constellation Energy's Scope 3 emissions?

In 2023, Constellation Energy reported total Scope 3 emissions of 87,482,855 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 28.5% of these emissions originated from upstream activities such as purchased goods and capital goods, while 71.5% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Constellation Energy reduced its Scope 3 emissions over time?

Since 2019, Constellation Energy's Scope 3 emissions have remained relatively stable, indicating that Constellation Energy 's emissions have plateaued with no significant change in its value chain footprint.

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

What categories of Scope 3 emissions does Constellation Energy disclose?

In 2023, Constellation Energy reported emissions for 4 out of the 15 Scope 3 categories defined by the GHG Protocol.

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of Constellation Energy's Scope 3 emissions?

In 2023, the largest contributors to Constellation Energy's Scope 3 emissions were:

  • Use of Sold Products (Cat. 11): 62,548,674 tCOâ‚‚e (71.5%)
  • Fuel- and Energy-Related Services (Cat. 3): 24,922,161 tCOâ‚‚e (28.49%)
  • Upstream Leased Assets (Cat. 8): 6,203 tCOâ‚‚e (0.01%)

Constellation Energy's Scope 3 Emissions by Categories

Use of Sold Products(Cat. 11)(71.5%)Fuel- andEnergy-RelatedServices (Cat. 3)(28.5%)

Insights into Constellation Energy's Total Carbon Footprint

In 2023, Constellation Energy reported a total carbon footprint of 97,454,927 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 7.3% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Constellation Energy's total carbon footprint was Scope 3 emissions, accounting for 89.77% of the company's total carbon footprint, followed by Scope 1 emissions at 9.93%.

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