Essential Utilities Inc

Common Name
Essential Utilities
Country
United States
Sector
Utilities
Industry
Utilities - Regulated Water
Employees
3,291
Ticker
WTRG
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Essential Utilities Inc., a leading public utility holding company based in the United States, primarily focuses on water and wastewater services. The company stands out as a crucial provider in the u...

Essential Utilities's GHG Emissions Data Preview

In 2023, Essential Utilities 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).

Essential Utilities has also provided a category-level breakdown for 5 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 Essential Utilities's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Essential Utilities amounted to 1,044,710 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 Essential Utilities decreased by 5.37%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Essential Utilities's Scope 1 Emissions Over Time

201920202021202220230300 k600 k900 k1.2 MtCO2e-4%-3%-5%-5%
  • Total Scope 1
  • Year-over-Year Change

What are Essential Utilities's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Essential Utilities were 926,130 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Essential Utilities reduced its Scope 1 emissions over time?

Since 2019, Essential Utilities's Scope 1 emissions have decreased by 16.34%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Essential Utilities's Scope 1 emissions decreased by 5.33%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Essential Utilities's Scope 2 emissions?

In 2023, Essential Utilities reported Scope 2 greenhouse gas (GHG) emissions of 82,784 tCOâ‚‚e using the market-based method and 118,580 tCOâ‚‚e using the location-based method.

Has Essential Utilities reduced its Scope 2 emissions over time?

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

What methodology does Essential Utilities use for Scope 2 reporting?

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

Essential Utilities's Scope 2 Emissions Over Time

20192020202120222023060 k120 k180 k240 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Essential Utilities's Value Chain Emissions

In 2023, Essential Utilities reported 16,389,772 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 Essential Utilities includes a breakdown across 5 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain

Essential Utilities's Scope 3 Emissions Over Time

2019202020212022202305 M10 M15 M20 MtCO2e+15537%0%+4%-9%
  • Total Scope 3
  • Year-over-Year Change

What are Essential Utilities's Scope 3 emissions?

In 2023, Essential Utilities reported total Scope 3 emissions of 16,389,772 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

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.

Has Essential Utilities reduced its Scope 3 emissions over time?

Since 2019, Essential Utilities's Scope 3 emissions have increased by 14,708.92%, reflecting a rising long-term trend in Scope 3 emissions over time.

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

What categories of Scope 3 emissions does Essential Utilities disclose?

In 2023, Essential Utilities reported emissions for 5 out of the 15 Scope 3 categories defined by the GHG Protocol.

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Essential Utilities's Scope 3 emissions?

In 2023, the largest contributors to Essential Utilities's Scope 3 emissions were:

  • Capital Goods (Cat. 2): 59,070 tCOâ‚‚e (49.54%)
  • Purchased Goods and Services (Cat. 1): 30,810 tCOâ‚‚e (25.84%)
  • Fuel- and Energy-Related Services (Cat. 3): 26,916 tCOâ‚‚e (22.58%)

Essential Utilities's Scope 3 Emissions by Categories

Fuel- andEnergy-RelatedServices (Cat. 3)(22.6%)Capital Goods(Cat. 2)(49.5%)Purchased Goods andServices (Cat. 1)(25.8%)

Insights into Essential Utilities's Total Carbon Footprint

In 2023, Essential Utilities reported a total carbon footprint of 17,434,482 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 8.93% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to Essential Utilities's total carbon footprint was Scope 3 emissions, accounting for 94.01% of the company's total carbon footprint, followed by Scope 1 emissions at 5.31%.

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